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avanturin [10]
3 years ago
12

At December 31, 2020, Albrecht Corporation had outstanding 373,000 shares of common stock and 8,000 shares of 9.5%, $100 par val

ue cumulative, nonconvertible preferred stock. On May 31, 2021, Albrecht sold for cash 12,000 shares of its common stock. No cash dividends were declared for 2021. For the year ended December 31, 2021, Albrecht reported a net loss of $1,862,000. calcilated the Albert's net loos per share for the year end december 31 2021.
Business
1 answer:
egoroff_w [7]3 years ago
6 0

Answer:

-$4.9 per share

Explanation:

Albrecht Corporation.

Net Loss per Share:

= - $1,862,000/ [($373,000*5/12)+($385,000*7/12)]

=-$1,862,000/$155,417+$224,573

=-$1,862,000/$380,000

=-$4.9 per share

Therefore Albrecht net loss per share for the year end december 31 2021 will be -$4.9 per share

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Following are transactions for Valdez Services, a company owned by Brina Valdez.
Alexus [3.1K]

Answer:

Transaction b and c

Explanation:

Revenue is the term of accounting which is defined as the income or money which is generated from the operations of the normal business and it involve the deductions for the returned merchandise and discounts.

It is created when the business offer some service to the clients and in return the money for the services provided by the company.

So, the transaction which generate the revenue are:

The company offered the service to customer and against it received the cash which amounts to $875.

The company offered the services to the customer on credit worth $2,300.

Therefore, these two transactions are the one which generate the revenue to the company.

6 0
3 years ago
Which of the following statements about credit scores is TRUE?
Bad White [126]
I believe the answer is: All of the above

<span>- Credit scores reflect how likely individuals are to repay their debts.
(for example, your credit scores would get lower if you miss your credit card payments or always maxing your credit card limit)

- Credit scores range from the low 300’s to the mid 800’s.
( this standard is used by all credit companies across united states, as the scores got higher, The more likely the credit card holder will pay their due)

- Each person has three credit scores.
(one from equifax, one from transunion, one from Experian)</span>
5 0
3 years ago
Read 2 more answers
Companies that organize their sales force by customer and territory; product and territory; product and customer; or territory,
lions [1.4K]

Answer:

complex.

Explanation:

A complex sales-force structure is one that contains a diverse sales team design. The organizations that adopt this sales force structure are usually those that offer a diverse range of products for each type of customer and in different geographic areas, so you need to combine different types of sales force structures to achieve your sales objectives and goals. sales according to the preferences and profile of each customer in each location.

5 0
3 years ago
Assume that the one component unit had program revenues of $47,600 and expenses of $64,000 and spent $10,900 for land during Yea
Marrrta [24]

Answer:

Explanation:

If the overall increase in net assets remains the same at $154,000 then the program revenues and expenses were not included in the final figures for the government-wide financial statements. These two items were presented individually but should have blended with the total amount.

If these two figures were combined with the overall increase in net assets, the new figure would surmount to $137,600. This causes a decrease of $16,400 in net assets.

Net Assets = 154,000 + 47,600 – 64,000 = $137,600

Decrease amount = 154,000 – 137,600 = $16,400

7 0
4 years ago
Earl and Mary form Crow Corporation. Earl transfers property, basis of $200,000 and value of $1,600,000, for 50 shares in Crow C
barxatty [35]

Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".

Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.

This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.

1 600 000 - 1 480 000 = $ 120 000.

4 0
4 years ago
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