Answer:
Weighted-average cost of treasury shares is 16 per share amounting 48 million dollars in total. (W-1)
Explanation:
(W-1) 16 * 3M i.e total number of share sold (W-1.1)
(W.1.1)
Calculations
Date Purchase Sale Closing stock WA method
12-Feb-18 2M/19/38M* 2M/19/38M
09-Jun-19 3M/14/42/M 5M/16/80M
25-May-20 3M/22/42/M 2M/16/32M
Date Purchase Sale Closing Stock FiFo method
12-Feb-18 2M/19/38M* 2M/19/38M
09-Jun-19 3M/14/42/M 2M/19/38M
3M/14/42/M
25-May-20 3M/22/42/M 2M/14/28M
*Key 2M/19/38M means 2 millions share at the rate of 19 each totaling 88 million dollars.
Answer:
True
Explanation:
As at the time factory rent was paid by Pepperdine company, it did notaffect toatal assets as the factory is an asset of he company as it is rented. I also doesn't affect the net income since the rent is going to included in capital for the company.
Cheers.
Answer:
$25,200
Explanation:
Given that,
Planned sales for the month = $42,000
Planned EOM stock = $60,000
Planned reductions = $4,800
BOM inventory = $72,000
Merchandise commitments for delivery = $9,600
open-to-buy at retail:
= Planned sales for the month + Planned End of Month Inventory - BOM inventory - Planned reductions
= $42,000 + $60,000 - $72,000 - $4,800
= $25,200
Answer:
Casual is the correct answer.
Explanation: