well, he has room for a total of 264 vehicles, he needs to have "five times as many cars as trucks", namely the cars : trucks ratio must be 5 to 1 or 5:1.
well, to change the total value to a ratio, we simply divide the total amount by the sum of the ratios, namely 264 ÷ (5+1), and distribute accordingly.
Answer:
$1.64 per share
Explanation:
The computation of Number of Shares for computing Diluted Earning per share is shown below:-
Proceeds expected = 5,300 × $6
= $31,800
No. of Shares re-purchased = $31,800 ÷ $11
= $2,891 (rounded)
Net Effect of Stock Option = 5,300 - $2,891
= 2,409 shares
Number of Shares for computing Diluted Earning per share = Outstanding shares + Net Effect of Stock Option
= 71,105 + 2,409
= 73,514
Diluted earnings per share for the quarter = Net income for the quarter ÷ Number of Shares for computing Diluted Earning per share
= $120,805 ÷ 73,514
= $1.64 per share
So, for computing the Number of Shares for computing Diluted Earning per share we simply applied the above formula.
Answer:
www.welovebooks.net
Explanation:
You can simply type "We Love Books publishing company" in a search engine and it will show up as the second link. If not then you can just type the name of the website in the browser's search bar to take you straight to their web site which is www.welovebooks.net , They design and publish different books as well as magazines, product catalogues and corporate publications. The website also has a contact option so that you can contact them directly and make requests.
The amount of cash received from credit sales during the month of may $676,000. In general credit sales is equals to total sale multiply by credit sales ratio.
What is credit sales?
Credit sales = Closing debtors + Receipts - Opening debtors.
Credit sales are transactions in which the debt will be paid in full at a later time. In other words, credit sales are transactions in which customers make purchases but do not pay in full, in cash, at the time of the transaction.
A manual for bookkeeping. Recognition of Revenue. Sales are recorded as a credit since the journal entry's opposite, which is typically a debit to either the cash or accounts receivable account, is a credit. In essence, the credit raises shareholders' equity while the debit increases one of the asset accounts.
To know more about credit sales, refer:
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