The area of law that he would need to be aware of with regard to the stock sales would be <u>"securities law."</u>
A security can be a: stock, which speaks to part responsibility for organization; bond, which resembles an "IOU" from an organization to an individual; or an alternative, which is the privilege to purchase something later on at a foreordained cost. Companies, governments, and people purchase and offer securities as a method for contributing and developing their cash.
Choosing which sort of security to purchase and from which organization requires a decent arrangement of research and examination.
Answer:
The basic earnings per share is $4.15
Explanation:
Earning Per Share : Earning Per share shows a ratio between net income and weighted average outstanding shares.
In mathematically,
Earning Per Share = Net income ÷ weighted average outstanding shares
where,
Net income = $269,915
And, On Jan 1, 2018 the share is 50,000 whereas on April, 2018 the shares is 20,000. But we have to calculated for the December period. From April to December there are 9 months.
So, April 2018 shares = 20,000 × 9 ÷ 12 months = 15,000 shares
Hence, total weighted average outstanding shares is
= 50,000 +15,000
= 65,000 shares
Now, apply the above formula for computation
= $269,915 ÷ 65,000 shares
= $4.15 per share
Thus, the basic earnings per share is $4.15
Answer:
C. Selecting items and tracing back to source documents.
Answer:
The advertising department expense allocated to each department are as follows:
Books Dept = $11,748
Magazines Dept = $8,010
Newspapers Dept = $6,942
Totals advertising department expenses allocated = $26,700
The purchasing department expenses allocated to each department are as follows:
Books Dept = $20,081
Magazines Dept = $10,741
Newspapers Dept = $15,878
Total purchasing department expenses allocated = $46,700
Explanation:
Note: See the attached excel for the completed table used in allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments.
From the attached excel, the advertising department expense allocated to each department are as follows:
Books Dept = $11,748
Magazines Dept = $8,010
Newspapers Dept = $6,942
Totals advertising department expenses allocated = $26,700
From the attached excel, the purchasing department expenses allocated to each department are as follows:
Books Dept = $20,081
Magazines Dept = $10,741
Newspapers Dept = $15,878
Total purchasing department expenses allocated = $46,700
Answer:
c. increasing; $62.5
Explanation:
The computation is shown below;
As we know that
Multiplier = 1 ÷ 1 - MPC
= 1 ÷ 1 - 0.75
= 1 ÷ 0.25
= 4
Now if the equilibrium GDP is $250 billion less than the expected level of GDP
So, the government spending would be increased by
= $250 billion ÷ 4
= $62.5
Hence, the correct option is c.
