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3 years ago

Which of the following will require a recalculation of weighted-average shares outstanding for all years presented?

Business

1 answer:

FromTheMoon [43]3 years ago

8 0

Answer:

The correct option is A, stock dividends and stock splits

Explanation:

Stock dividends refers to paying dividends by issuing more shares to shareholders instead of paying in cash which may be required to fund investment projects,since it increases the number of shares overall, it requires re-computation of weighted average number of shares.

Stock splits means splitting the current number of shares into multiples in order to reduce the price per share making it affordable to investors,hence the number of weighted average shares is also impacted.

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The following facts relate to Krung Thep Corporation. 1. Deferred tax liability, January 1, 2014, $40,000. 2. Deferred tax asset

Vika [28.1K]

Answer:

A.Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,00

B.Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

C.Net income $120,000

Explanation:

Compututation of income taxes payable for 2014.

Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,000

(b) Journal entry

Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

Income before income taxes $200,000

Less Income tax expense

(Current $38,000+Deferred 42,000) 80,000

Net income $120,000

4 0

3 years ago

In its ads, listerine claims effectiveness but admits to less than perfect taste. this is an example of a(n): one-sided message.

MAXImum [283]

The correct answer is two-sided message. A two-sided message is defined as a persuasive communication by which it presents two view points and in addition, it presents arguments by means of countering the opposing view. This is also known as a two sided appeal.

8 0

3 years ago

Describe at least two advantages a large company has over a smaller company

Sliva [168]

a larger company can seem more reliable to some people and often times large companies can run smaller ones out of buisness

8 0

3 years ago

Read 2 more answers

Use the following to answer the next 4 questions Suppose gold mining in the US was a perfectly competitive industry with N = 40

Andrei [34K]

Answer:

32) - Option c i.e., $900.

33) - Option d i.e., 60.

34) - Option d i.e., 60.

35) - Option a i.e., $450.

Explanation:

32) - Mr. Barrick 's income as a corporation is $900.

Then, we apply the formula of profit maximization that is :

$Profit = quantity \times (price - AC)$

$=30\times(60-30)$

$=30\times30=900$

$Profit=\$900$

33) - While Mr. Barrick controlled the market, the total manufacturing production of N = 40 competitive companies was Q = 60.

In a reasonably marketplace, companies can sell where the marginal cost remains equivalent to the demand curve or that MC remains equivalent to the demand curve at 60.

34) - After the monopoly cost per unit raised by $60.

Price as well as quantity shall be determined by the monopoly where MR = MC. Price is determined mostly on demand curve relating to that same points where MR = MC has been 60 as well and the quantities are determined also on the y-axis that is 30.

35) - $DWL(Dead\;Weight\;Loss) =\frac{1}{2} \times(60-30)\times(60-30)$

$=\frac{1}{2} \times30\times30$

$=\frac{1}{2} \times900=450$

$DWL=\$450$

6 0

3 years ago

10. What happens during a bank run?

joja [24]

The thing which happens during a bank run is:

Customers attempt to withdraw more money than the bank has on hand.

This refers to the mass withdrawal of funds by a large number of customers where the banks are unable to pay everyone because they do not have the capacity to make such large withdrawals.

With this in mind, we can see that during a bank run, the main thing which pushes people is the fear of insolvency so that they would not lose their money.