Answer:
1. $840,000
2. 2.1
Explanation:
1. Net income available to shareholders
Net income. $960,000
Less : Preferred stock $120,000
Net income available. $840,000
to common stockholders
2. Basic earnings per share for 2015
Earnings per share = Net income available to common stockholders / weighted average shares of common stock
= $840,000 / $400,000
= 2.1
Answer:
The answer is: Breakpoint Sale
Explanation:
A breakpoint sale violation occurs when a RR sells mutual fund shares to a client and doesn't disclose reduced sales charges that the client would qualify for if they had bought just a few more shares. In this case the client could have qualified for a discount if he had just bought one more share, and could have saved money instead of paying higher charges.
Answer:
a.$5,667
Explanation:
According to the weighted average cost method, all units on inventory must be priced equally. If the company had 1,000 units at $1.00 and purchased an additional 5,000 units for $5,800, the total cost per unit is:
If 5,000 units were sold, the cost of goods sold is:
Palmer Company's cost of goods sold was $5,667.
That statement is true
Especially in a developed country such as the United States where most people held 9-5 jobs that make them do not have many free time on their calendar.
Most of the people use holidays as an opportunity to gather up with relatives and families.
Love this random question. but sadly i do not.