Answer: The correct answer is b.$3,050.
Explanation: Clever Computers has a five-day workweek and pays $3,050 each week. The payment will only occur at the end of the workweek when the staff have earned the wages. However, the month ended on Thursday, meaning that the staff have only worked for four-day workweek. They have therefore earned $2,440 (4/5*$3,050) at the end of the month but that payment is not due because the 5-day workweek has not been completed. The complete journals the company would raise would be Debit Wages (overhead) $2,440, Debit Wages receivable $610 and Cr Wages payable $3,050.
When it is next month after the five-day workweek has been completed, the company would Dr Wages Payable $3,050 and Credit Cash $3,050 to make the payment.
Answer:
Target markets are management and business students looking forward for employment and full year courses.
Explanation:
- The target market can be those who are working full time in the day and may also include the small and medium business owners that intend to provide some sort of online cloud computing set up for the college, and
- It may be the students that want to continue their higher education and pursuing a full degree. These may also include the off-campus students that are interested in doing professional courses.
Answer:
a) The warrant are Dilutive
b) Basic EPS $2.62
c) Diluteed EPS = $2.31
Explanation:
a) The warrants are dilute because the cost of exercising the rights is lover than the market price
b) Basic Eps = Total Earning/Share Outstanding = $262,000/100,000 = $2.62
c) Diluted Eps = Earnings/(Shares outstanding+potential shares)
= $262,000/(100,000+13,500) = $2.31
Answer:
The answer is below
Explanation:
To be able to enjoy some small daily purchases and also make wise, long-term decisions when it comes to spending and saving, you will need to take the following steps:
1. Ensure you have a plan: this will describe your short term and long term goals about your finances
2. You can start with an 80%/20% rule. Here, you spend 80% of your income and save 20%. You can increase that later to 70/30%
3. After sometimes, invest 80% of your savings and keep 20%
4. Use credit when only necessary
5. Enjoy yourself sometimes by spending the money for yourself adequately.
6. Keep learning how to maximize your income.
Answer:
$74.63 per share
Explanation:
The computation of the value of preferred stock is shown below:
As we know that
Value of the preferred stock = Annual dividend rate ÷ Returns on the stock
where,
Dividend on the preferred stock = Dividend rate × Par value
= 11% × $100
= $11
And, the return is 14.74%
So, the value of the preferred stock is
= $11 ÷ 14.74%
= $74.63 per share
