Answer:
a) 75600.
Explanation:
Given;
Beginning Work in Process = 19900
Ending Work in Process = 65300
Units Transferred Out Units = 30200
Total units are to be accounted= x
19900 - 30200 + x = 65300
x = 65300 - 19900 + 30200
x = 75,600
<u>The grant available to third-or fourth-year college student:</u>
The National Science & Mathematics Access to Retain Talent Grant (National SMART Grant) is the grant given to the third or fourth year college students who want to do major in scientific or mathematical fields like physical, life, engineering, mathematics, medical, languages, etc.
To apply for the SMART grant students apply through free application of federal student aid and then if they receive the grant they can do their higher studies in their preferable fields which come under SMART grant.
Answer:
Share Authorized = 100,000 Shares
Share issued = 70,000
Share outstanding = 66,000 shares
Explanation:
Data provided in the question:
Number of shares Gagne Corporation allows the issuance = 100,000 shares
Number of shares Gagne sold to shareholders = 70,000
Number of shares reacquired by Gagne = 4,000
Now,
Share Authorized = Number of shares Gagne Corporation allows the issuance
= 100,000 Shares
Share issued = Number of shares Gagne sold to shareholders
= 70,000
Share outstanding = Shares issued - Number of shares reacquired
= 70,000 - 4,000
= 66,000 shares
Answer:
(a) $18,000
(b) $3,600
Explanation:
(a) Profit would be:
= (No. of shares × Undervalued) - (No. of shares × Overvalued)
= (1,800 × $16) - (1,800 × $6)
= $28,800 - $10,800
= $18,000
(b) Only half your order will be filled.
With rationing (and being an uninformed investor) we expect our profits:
= (No. of shares × Undervalued) - (No. of shares × Overvalued)
= (900 × $16) - (1,800 × $6)
= $14,400 - $10,800
= $3,600
