True because you save your bond it's 100 right so recive 100
Answer:
$1.49 per share
Explanation:
The calculation of diluted earnings per share is given below:-
Diluted shares outstanding= $200,000 + 12,000 × ($36 - $30) ÷ 36
= $200,000 + 12,000 × 6 ÷ 36
= $200,000 + 2,000
= $202,000
Diluted earnings per share = Net income ÷ Diluted shares outstanding
= $300,000 ÷ $202,000
= $1.49 per share
Therefore for computing the diluted earnings per share we simply divide the net income by diluted shares outstanding.
Answer:
locate near the major raw materials
Explanation:
Answer:
Dr Accounts payable 1850
Cr Merchandise inventory $37
Cr Cash $1813
Explanation:
Preparation of the journal entry to record the payment on July 12 Using the gross method,
JOURNAL ENTRY
Jul-12
Dr Accounts payable ($2300-450) 1850
Cr Merchandise inventory ($1850*2%) $37
Cr Cash $1813
($1850-$37)
(Being entry recorded for payment to supplier)
Answer:
$11.49
Explanation:
The computation of cost per equivalent unit for materials for the month in the first processing department is shown below:-
Equivalent units for materials
= Units completed and transferred out + Units in ending inventory
(6,600 × 100%) + ((800 + 7,700 - 6,600) × 70%)
= 6,600 + $1,330
= 7,930 units
Cost per equivalent unit for materials
= (5,800 + $85,300) ÷ 7,930
= $11.49