1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
netineya [11]
3 years ago
12

Tomba Corporation had 300,000 shares of common stock outstanding on January 1, 2017. On May 1, Tomba issued 30,000 shares.(a) Co

mpute the weighted-average number of shares outstanding if the 30,000 shares were issued for cash.
Business
1 answer:
lys-0071 [83]3 years ago
4 0

Answer:

320,000

Explanation:

Given that,

Common stock outstanding on January 1, 2017 = 300,000 shares

On May 1, shares issued = 30,000

Weighted average shares :

= [300,000 × (12 ÷ 12)] + [30,000 × (8 ÷ 12) ]

= 300,000 + 20,000

= 320,000

Therefore, the weighted-average number of shares outstanding is 320,000 if the 30,000 shares were issued for cash.

Note:

As they issued stock dividend additional shares assumed to be outstanding from the very beginning of the year.

You might be interested in
A newspaper report states the following: "On March 2, Bastiaan Vanacker was arrested for indecent exposure"; However, what reall
musickatia [10]

Answer:

a. Bastiaan Vanacker wins a libel suit , Sebastian Van Akker loses.

Explanation:

Libel is where a defamatory statement has been published and that statement is false, this will result in the person able to claim libel charges.

This means that if information about someone is publicised (specially a private figure) for any criminal act and which could lead to damage that person's reputation seriously without any proper evidence or even false evidence then this would become ground for a libel case.

Such as in this case where a journalist reported that Bastiaan Vanacker was arrested for indecent exposure even though this was not really the case. As confirmed through the police report which the journalist had misread. This libel suit filed by Bastiaan Vanacker would be won, as his reputation has been damaged to the falsely alleged report published in the newspaper.

However, in the case of Sebastian Van Akker, who had actually committed the crime and no information was mentioned about him in the newspaper, will lose the libel suit filed. This is due to the fact that he was not defamed for any act which he himself had not conducted.

5 0
3 years ago
Are the large drug companies guilty of price gouging or of charging an unfair or exploitative price for their products? should a
Anvisha [2.4K]
Yes the large drug companies guilty of price gouging or of charging an unfair or exploitative price for their products and no <span>americans shouldnt be permitted to import drugs from canada or other countries</span>
4 0
4 years ago
The decision to keep or drop products or services involves strategic consideration of all the following except: The desired inve
agasfer [191]

Answer:

The desired inventory levels of the product.

Explanation:

The desired inventory levels doesn't have anything to do with the fact that a product should be discontinued or not since it doesn't have any impact on the demand or price for remaining products.

The inventory level of a product can be changed or adjusted several times during a year depending on the expected sales. Sometimes very successful products have very seasonal sales, e.g. toys that are sold more on Christmas than any other time of the year.

6 0
4 years ago
Apt Adapt Inc. is formed to coordinate the design and delivery of projects and products to help communities cope with the effect
natali 33 [55]

Answer:

c) a benefit corporation.

Explanation:

A benefits corporation is the corporation that creates a positive impact on the society and its well being. The directors and the officers of this corporation would operate the business with the similar authority and behavior as done in the traditional corporation but the decision impact affect not only the shareholders but also the employees, customers etc

So as per the given situation, the correct option is c.

6 0
3 years ago
In your own words: what is the relationship between organizing and controlling?
Ronch [10]

That both are like staying on task and staying good.

6 0
3 years ago
Other questions:
  • Ok i have a question: whats your dream jobs or goals in life?
    5·2 answers
  • Two stockbrokers, in clear violation of the rules of their employer, sold worthless stocks to unsuspecting customers. There was
    5·1 answer
  • Frank is interested in rewriting the vision statement for his antique shops, and he wants his employees and his business to grow
    12·1 answer
  • In 2009, the worst recession in 80 years hit the United States, generally reducing household incomes. Despite this, profits and
    11·2 answers
  • A homeowner has a ten‑year home-improvement loan for $36,875. What are the annual payments required by the loan if the annual ra
    12·1 answer
  • To manage your money, you should _____.
    15·1 answer
  • The market demand for singing dolls is initially made up of 50 buyers. suppose there is a decrease in the number of buyers by 10
    9·1 answer
  • Yesterday, you entered into a futures contract to buy euro at $1.50/€. Your initial margin was 45% and your maintenance margin i
    12·2 answers
  • Which of these companies is taking advantage of the globalization of production?
    10·1 answer
  • Suppose Capital One is advertising a 60​-month, 5.06 % APR motorcycle loan. If you need to borrow $ 8 comma 400 to purchase your
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!