That would be the answer B.all the resources used to produce any goods and services
Answer:
Issued shares =5000
Outstanding shares = 4700
Explanation:
Jan-1 Issued shares = 2000 shares
During year 3000 shares were issued.
a.) Outstanding shares =?
we know that Outstanding shares = issued stock -repurchased shares- treasury stock
= 2000+3000-500+200
= 4700 shares.
b.) Shares of common stock issued=?
Number of issued shares = 2000+3000 = 5000 shares.
Number of outstanding shares will always be less than issued shares.
Answer:
e. $12,900
Explanation:
Given that:
Net Cash provided by operating activities = $37,500
Net Cash used in investing activities = $13,800
Net Cash used in financing activities = $17,700
Beginning cash balance = $6,900
Stormer company's ending balance would be;
= Beginning cash balance + Net cash provided by operating activities - Net cash used in financing activities - Net cash used in investing activities
= $6,900 + $37,500 - $17,700 - $13,800
= $12,900
Answer:
Any amount above $88,000
Explanation:
$ 95,00
Cash $90,000
liquidation expenses ($8,000)
<u>Liabilities ($170,000)</u>
net ($88,000)
The partnerships needs to sell its noncash assets for at least $88,000 to cover its liquidation costs and liabilities. Any additional cash received through the sale of the noncash assets should be distributed in the liquidation ratio 2:4:4.
E.g. they sell the noncash assets for $90,000, they will distribute $2,000 (=$90,000 - $88,000):
- Perry x 20% = $400
- Quincy x 40% = $800
- Renquist x 40% = $800
Answer:
The correct answer is A
Explanation:
Lower of market or cost rule is the one which states or describe that a business or firm need to record the inventory cost at lower, that means whichever cost or the current market price is lower.
It is the term which is best illustrated as the drop or decrease of future utility below the original or the actual cost of the inventory.
