Answer:
Seattle will win the finals in MLSD
Answer:
The first option is correct
Explanation:
The number of stock repurchased need to first of all be determined.
The number of shares repurchased is the cash paid for repurchase of shares divided market price of $37.50
Number of shares repurchased=$187,500/$37.50=5,000 shares
number of shares outstanding after repurchase=30,000-5,000=25,000 shares
revised earnings per share=previous earnings per share*previous shares outstanding/the shares outstanding after repurchase
revised earnings per share=$1.22*30,000/25000=$1.464
P/E ratio=market price per share/revised earnings per share=$37.50/$1.464=25.61
Answer:
b. average fixed cost is high
Explanation:
Average total cost refers to the total cost per unit of output produced. It is expressed as:
ATC =
Marginal cost refers to the addition to total cost when an additional unit of output is produced.
Average fixed cost refers to total fixed cost per unit of output produced.
Since fixed costs remain unchanged irrespective of output produced, initially average fixed cost is high which raises the average total cost. As average total cost is the sum total of average fixed cost and average variable cost.
Answer: Note receivable collected by bank in favor of the depositor and credited to the account of the depositor
Explanation:
A bank reconciliation is when the records for a cash account of an entity are been matched to the corresponding information that are provided on a bank statement.
When preparing a bank reconciliation which ends with adjusted cash balance, the note receivable collected by bank in favor of the depositor and credited to the account of the depositor must be added to the cash balance per ledger.
Answer: operating lease
Explanation:
Operating lease is a contract whereby a owner who is regarded as the lessor, allows a user, who is regarded to as the lesse, to use an asset for a stipulated period of time without transfering ownership rights.
With regards to the above scenario, Crystal must have an operating lease.