In a split offering, we see that a) shares are issued from the corporation and sold by existing shareholders.
<h3>What is a split offering?</h3>
A split offering is a type of stock issuance that involves the issuing of new stock and existing stock that it is in the market already. This is why it is called a split offering - one side of the offering comes from the corporation, and the other comes from the existing shareholders.
With a split offering, the seller will be existing shareholders and not the company. This means that the corporation that issues the shares, will then cooperate with existing shareholders who will then be the ones to sell the shares.
Find out more on stock offerings at brainly.com/question/13049425.
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It can be said that Fruitlicious demonstrates Efficiency
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Explanation:</u></h3>
Efficiency correlates to the quality of your profession, which might involve building manufacturing with more limited waste, utilizing fewer resources or consuming smaller money. Improved efficiency can impede productivity and vice versa. Obtaining the correct sequence of productivity and efficiency assists you optimize your yield while reducing losses.
Added means to look at efficiency is the amount of gained hours of great quality productive product sorted by the number of work hours possible in a day. Essentially to expand manufacturing efficiency you want to create added output in the equivalent amount of time
Let understand that the organized table are intended to calculate missing numbers on Income Statement for the two companies are drawn below.
- Here, we are calculating missing columns for Monty Corp. and Whispering Winds Corp.
- Also understand that the bold numbers are the columns calculated according to the question.
Particulars Monty Corp. Whispering Winds Corp.
Sales revenue $90,000 $111,000
Sales return and allowance <u>$6,000</u><u> </u> <u>$5,000</u>
Net sales $84,000 $106,000
Cost of goods sold <u>$53,760 </u> <u>$65,720</u><u> </u>
Gross profit $30,240 $40,280
Operating expenses <u>$15,120 </u> <u>$19,080 </u>
Net income <u>$15,120</u><u> </u> <u>$21,200</u>
In conclusion, the formulae used to derived the bolded answers are:
- Sales revenue - Net sales = Sales returns and allowance
- Net sales - Cost of goods sold = Gross profit
- Gross profit - Operating expenses = Net income
- Net sales + Sales return and allowance = Sales revenue
- Net sales - Gross profit = Cost of goods sold
- Gross profit - Net income = Operating expenses
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<em>brainly.com/question/15062414</em>
Answer:
86.4%
Explanation:
the original marked price is m
then with a sales discount of 20%
the (pre-sales tax) sale price is 100%−20%=80% of
The post-sales tax price is the pre-sales tax price plus 8%,
that is the post-sales tax price is 108%=1.08 of the pre-sales tax price.
Therefore the final cost (i.e. the post-tax price) is
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Jessica’s Office Supply, Inc., had 300 calculators on hand on January 1, 2017, costing $16 each.
Purchases and sales of calculators during January were as follows:
January 12: 200 units for $25
J 14: 150 for $17
J 29: 100 for $18
J 30: 150 for $30
According to a physical count, 200 calculators were on hand on January 31, 2017.
FIFO:
Inventory= 150*30 + 50*18= $5,400
COGS= 300*16 + 200*25 + 150*17 + 50*18= $13,250
LIFO:
Inventory= 200*16= $3,200
COGS= 150*30 + 100*18 + 150*17 + 200*25 + 100*16= 15,450
Average cost method:
Average cost= (16 + 25 + 17 + 18 + 30)/5= 21.2
Inventory= 21.2*200= $4,240
COGS= 21.2* 700= $14,840