Answer:
Weighted-average cost of treasury shares is 16 per share amounting 48 million dollars in total. (W-1)
Explanation:
(W-1) 16 * 3M i.e total number of share sold (W-1.1)
(W.1.1)
Calculations
Date Purchase Sale Closing stock WA method
12-Feb-18 2M/19/38M* 2M/19/38M
09-Jun-19 3M/14/42/M 5M/16/80M
25-May-20 3M/22/42/M 2M/16/32M
Date Purchase Sale Closing Stock FiFo method
12-Feb-18 2M/19/38M* 2M/19/38M
09-Jun-19 3M/14/42/M 2M/19/38M
3M/14/42/M
25-May-20 3M/22/42/M 2M/14/28M
*Key 2M/19/38M means 2 millions share at the rate of 19 each totaling 88 million dollars.
Answer:
D. organizational
Explanation:
You must focus on both your personal life and profession. Just got the question right on apex.
Explanation:
The journal entry is as follows
Account payable A/c Dr $1,800
To Merchandise Inventory A/c $36
To Cash A/c $1,764
(Being the amount due is paid)
The computation is shown below:
For Account payable
= $2,000 - $200
= $1,800
For Merchandise inventory
= ($2,000 - $200) × 2%
= $36
And, the remaining balance is credited to the cash account
Answer:
This will create shortage and people will sell milk in black market at higher price.
Explanation:
Wildfires and mudslides have closed the highways. This created greater demand and short supply.
The equilibrium price increased to $7.
But the government imposed a price ceiling of $4.
At this binding price ceiling, the quantity demanded is more than quantity supplied.
This high demand would cause the suppliers to sell milk in the black market at a higher price.
Answer:
The correct option is A: the production plan
Explanation:
The sales and operation planning process is aimed at developing tactical plans by encompassing marketing plans focused on customers to produce both new and existing products using the operations of the supply chain. It brings together all the plans of different departments such as sales department, marketing department, new products development, logistics department, manufacturing department, supply chain, and finance department in order to create a balance in the demand plan and also production plan.
