Answer:
The answer is 324,050 shares
Explanation:
Stock dividends adds to the total number of shares outstanding while treasury stock(buy-back) reduces the total number of outstanding shares.
Beta issued a stock dividend of 4percent. Meaning the outstanding shares will increase by 4percent.
1.04 x 320,000 shares
=332,800 shares is the total number of outstanding shares before treasury stock.
Treasury stock issued on September 30, 2018. This means we have 3months(October 1 - December 31st, 2018).
So we have 3/12 x 35,000 shares
= 8,750 shares
Therefore, the appropriate number of shares to be used in the basic earnings per share computation for 2018:
=332,000 shares - 8,750 shares
= 324,050 shares
Answer:
The correct answer is $79,000 and $37,000.
Explanation:
According to the scenario, the given data are as follows:
Net income = $116,000
Doug's Salary = $52,000
Receive an interest = 10%
So, the amount to be shared equally = [$116,000 - $52,000 - ( 10% × $220,000) - ( 10% × $320,000)] ÷ 2
= $5,000
So, Doug share = $52,000 + ( 10% × $220,000) + $5,000
= $79,000
Kayla share = (10% × $320,000) + $5,000 = $37,000
Answer:
D) 3.48
Explanation:
Current Year Sales = $700
Growth rate = 15%
Projected Sales=$700*15% +$700
Which is $805
Required inventory = $30.2 + 0.25*projected sales
Req.Inv = $30.2 + 0.25($805)
Req.Inv = $231.45
Inventory turn over = projected sales/Req.inv
$805/$231.45
Inventory turn over = 3.48 times
The aspect of the SMART goal that is missing is that of TARGET DATE.
SMART goals refers to goals that are Specific, Measurable, Attainable, Result oriented and Time bound. The aspect of the time bound was not included in the scenario given in the question.
Answer:No, Lake source cooling is not economically advantageous.
Explanation:
The cost of the lake source cooling is S30 greater than the cost of the refrigerator.
Though the lakes source option will bring additional income of S2400 for ten years this will only reduce it's cost to S2900 and this is still higher than the total cost of the refrigerator option of S2,120.
The straight line depreciation option on both options will not change this decision since it will have the same effect on both options.
