Answer:
The correct option is 4
Explanation:
Weighted average shares outstanding, is the term which is described as the number of company shares evaluated after the adjustment for the variations in the share capital through the reporting year.
The shares of the company which are outstanding will not be constant and might change or vary through various times through the period.
While computing the weighted average of the shares outstanding, when the stock dividend happen, the extra shares are taken as outstanding at the starting of the earliest period.
Answer:
The correct answer is option A) Statement of Concepts
Explanation:
The Financial Accounting and Standard Board (FASB) pronouncements intended to establish the objectives and concepts that the FASB will use in developing standards of financial accounting and reporting is Statement of Concepts.
Statement of Concepts is intended to serve the general interest of the public by setting the objectives, characteristics, specific qualities, and other parameters that guide selection of economic concepts that will be recognized and reflected in financial statements for financial reporting.
Statement of concepts guide the FASB in developing well researched and informed accounting principles that reflects the contents and inherent limitations that will be used in developing standards of financial accounting and reporting.
Answer:
775 units
Explanation:
By forecast,
June sales = 400 units
July sales = 700 units
if ending inventory equal to 125% of next month's sales
Then June's ending inventory = 125% × 700
= 875 units
May's ending inventory = 125% × 400
= 500 units
Opening inventory + production - sales = closing inventory
Using the formula above, where p = production
500 + p - 400 = 875
p = 875 - 100
p = 775
Production required for June is 775 units.
Answer:
brainliest pls
Explanation:
Wages are part of the expenses that are involved in running a business, and add value to the employee in honor of his principal protected note or net investment.
Answer:
$1059.98
Explanation:
To determine the clean price, we have to first find the accrued interest.
Accrued interest = (coupon rate × par value/2) × period (months to next coupon date/12)
accrued interest = $96/2 x 5/12
accrued interest = $48 × 0.417
= $20.016
Our dirty price = $1080
clean price = dirty price - accrued interest
clean price = $ (1080 - 20.016)
Clean price = $1059.98
