Answer:
Date of issuance of rights - No
Date of exercise of the rights - Yes
Explanation:
The distribution of stock rights to existing common stockholders will increase paid-in capital at the date of exercise of the rights.
Actually, Paid in capital increases whenever funds are received. This means on the day the rights are exercised and not when the rights are issued.
Answer:
30 units at a cost of $14,80
Explanation:
The table shows purchases sales and balance with its corresponding number of units and cost. Before Patricia sold 30 units, she had 64 units available but not all of them cost her the same. The FIFO inventory method is "First in First out" which means Patricia is going to sell the first units she bought, if she needs more then she goes to the second purchase and so on.
So, if she sold 30 unit then she is going to use the first 20 units she bought at 11$ ($0,55 per each unit), but she is missing 10, then, she is going to take 10 units from the second purchase of 26 units at $10 ($0,38 each unit).
To know the cost of goods sold we need to multiply each unit sold by its cost per unit:
20 units x $0,55 = $11
10 units x $0,38= $3,8
Then we add:
$11+$3,8= $14,80. This is the total cost of goods sold (if we assume $ 11 was the total cost for 20 units and $10 was the total cost for 26 units)
The managers are taking a utilitarian approach to organizational decisions.
<h3>What is the Utilitarian Approach?</h3>
This is known to be a kind of assessment of an action that is said to be based on the effect or the consequences or outcomes.
An example is the net benefits and costs to all stakeholders on a personal level. It aim to get the greatest good for the highest or best number while making the least amount of harm.
Learn more about utilitarian approach from
brainly.com/question/14456560
Answer:
The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.
Answer:
Cash collected from customers =$574,000.
Explanation:
The cash collected ca be worked out using the formula below:
<em>Opening balance of account. receivable + sales on account - Closing balance of account receivable</em>
<em>Note that addition credit sales increases the amount in the receivable account.</em>
So we can apply this formula as follows:
112,000 + 560,000 - 98,000
= $574,000.
Cash collected from customers =$574,000.
