Answer:
The Correct answer is "The Company’s cost of branded pair sold in the Asia-Pacific region was barely below the industry average".
Explanation:
At the point when the working benefits of the Company's Cost of branded pair sold in the Asia-Pacific district is below the normal of industry-high qualities, the organization's expense of branded pair sold in that area turns out to be subsequently a legitimate sign that there is positively Company's too high relative expense in atleast one components that it enjoys.
Answer:
$2.89
Explanation:
The formula and the computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Number of shares)
where,
Net income is
= $911,300 × 5.87%
= $53,493.31
And, the preference dividend is $0
and, the outstanding number of shares is 18,500
So earning per share is
= $53,493.31 ÷ 18,500 shares
= $2.89
Answer:
There is a loss of 18,000
Explanation:
In this question, we are asked to calculate the amount of boot in this transaction.
We proceed as follows;
We must identify that to buy one asset, we exchanged one asset with another
Mathematically;
loss or gain = asset given up - Discount received in exchange
From the question we identify the following;
value of asset given up = 225,000 - 195,000 = 30,000
Discount received in exchange = 12,000
Thus, loss or gain is
= 30,000 - 12,000
So, there's a loss of 18,000
Answer:
The answer is $215,000
Explanation:
Cost of goods sold equal:
Opening/beginning inventory plus purchases minus closing/ending inventory
To find beginning inventory at January 1, 2018, lets rearrange the formula:
Cost of goods sold minus plus purchases plus closing/ending inventory.
Cost of sales is $470,000
Purchases is $415,000
Ending inventory is $160,000
Therefore, beginning inventory at January 1, 2018 is
$470,000 - $415,000 + $160,000
=$215,000
Answer:
$255,000
Explanation:
If a company acquires shares of another company the investment amount is shown in the balance sheet of the acquirer. When Plate acquired shares of Silver, it reported the investment of $225,000. The Silver reports a profit of $30,000 on January 2019. The amount reflected in the balance sheet of Plate will be $255,000. This is the sum of investment plus the profit reported by the Silver.
