C, the month you’re born has noting to do with it and the done really pay attention to where you live!
Answer:
nothing nothing nothing nothing
Explanation:
nothing
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.
Answer:
D. Contribution margin would be equal to total fixed costs
Explanation:
As we know that
break even point is the point at which the firm is earning no profit or no loss suffered
In equation, it is
Total cost = Total revenues
In addition,
The contribution margin = Sales - variable expenses
Therefore
The contribution margin = Fixed cost = break even point
If we subtract the contribution margin from the fixed cost the amount should be zero which implies the break even point
