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gayaneshka [121]
2 years ago
10

Before a three-for-one stock split, the shares outstanding were 5,000 shares at $12 par.

Business
1 answer:
Artemon [7]2 years ago
6 0

After the three is to one split, for every one old share, there will be three new shares.

So number of new shares = 5000*3 = 15,000 shares

Since the number of shares increased three fold, the price per share will decrease by three fold.

So the price per share after split = 12/3 =$4

So, after the split, there will be 15,000 shares at $4 per share

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A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Tamiku [17]

Answer:$192.200

Explanation: sales revenue ($135 × 6,200) ................................................. $837,000 Variable cost: .......................................................................... Direct materials ($49 × 6,200) ........................................... $303,800 Direct labor ($38 × 6,200) .................................................. 235,000 Variable manufacturing overhead ($6 × 6,200) .................. 37,200 Variable selling and administrative ($11 × 6,200) ............. 68,200 644,800 Contribution margin ............................................................... $192,200

4 0
2 years ago
Salaries and wages expenses $ 460 Research and development expense $ 114 Depreciation expense 90 Income tax expense 634 Sales re
guapka [62]

Answer:

$ 1,212 Net INCOME

Explanation:

        Income Statement

$ 7,030 Sales

-$ 230 Sales returns and allowances

$ 6,800 Net Sales Revenues

-$ 90 Depreciation expense

-$ 3,400 Cost of goods sold

$ 3,310 Gross PROFIT

-$ 499 Advertising expense

-$ 114 Research and development expense

-$ 460 Salaries and Wages Expenses

-$ 105 Rent expenses

-$ 60 Utilities Expenses

-$ 1,238 Operating EXPENSES

$ 2,072 Operating INCOME

-$ 46 Loss on disposal of plant assets

-$ 161 Interest Expenses

-$ 207 NonOperating EXPENSES

$ 1,865 NET INCOME AFTER TAXES

-$ 653 Income Tax Expenses 35%

$ 1,212 Net INCOME

7 0
3 years ago
The federal government levies _____________________________ on people who pass assets ____________________________, either after
Ierofanga [76]

Answer:

The answer is A: an estate and gift tax; to the next generation

Explanation:

A deceased person often via a will or according to laws of intestacy  transfers the benefit and ownership of an estate to relatives or others without any consideration. the tax paid on such a transferred asset is called estate tax. This type of tax is often imposed on the property. But practice differs as some tax jurisdictions do impose estate tax on the beneficiary of the deceased property in which case it is called inheritance tax.

Such a tax is not to be imposed if the property is bequeathed to a spouse or a charity recognized under the Federal laws.

When an individual transfers properties during his life time to another without receiving full consideration in any form in return, the tax imposed on such transfer of ownership of asset is known as gift tax. The tax is usually imposed on the giver or transferor of the assets unless a retention of an interest exist which will likely delay the completion of the gift

The major difference between an estate tax and gift tax is that estate tax is tax on transfer of property without consideration to others after demise or death. Gift tax is a tax on transfer of ownership of property without consideration during the giver's lifetime (often called an inter vivos gift)

3 0
3 years ago
An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones
Mrac [35]

Answer:

a. Decision making

Explanation:

The data that the employee collects will be used to <em>decide </em>whether or not to perform maintenance.

8 0
3 years ago
The U.S. Bureau of Labor Statistics provides additional price indexes across many different types of goods and services. Typical
evablogger [386]

There are large variation in the individual price indexes for consumption categories leading to the agency providing an additional price indexes across many different types of goods

<h3>What are price indexes?</h3>

Price indexes refers to an economic measure that shows how prices change over a period of time.

In conclusion, the large variation in the individual price indexes for consumption categories leads to the agency providing an additional price indexes across many different types of goods

Read more about Price indexes

<em>brainly.com/question/2254295</em>

7 0
2 years ago
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