Answer:
247,500
Explanation:
The calculation showing the weighted average number of shares to be used in the calculation of the of the basic earning per share for 2018 is shown below:
= ![[(100,000 * \frac{12}{12}) + (30,000 * \frac{10}{12})] * 2 Stock splits - 10,000 * \frac{3}{12}](https://tex.z-dn.net/?f=%5B%28100%2C000%20%2A%20%5Cfrac%7B12%7D%7B12%7D%29%20%2B%20%2830%2C000%20%2A%20%5Cfrac%7B10%7D%7B12%7D%29%5D%20%2A%202%20Stock%20splits%20-%2010%2C000%20%2A%20%5Cfrac%7B3%7D%7B12%7D)
Answer:
a. Annual consumer expenditure
9,000,000,000* $0.24= $2.16 billion
b. farmers receive for wheat production
19,000,000,000* $0.24=$4.56 billion
c. government expenditure on wheat
total production by farmers minus total purchase by consumers (because excess production is stored by the government)
$4.56 billion - $2.16 billion = $2.46 billion
The entry to record the payment of an account receivable balance with direct write-off method must include a credit bad debt expense .
<h3>What is bad debt expense ?</h3>
A bad debt expense can be regarded as the expenses that us recorded when receivable is no longer collectible .
This is because a customer is unable to pay an outstanding debt as a result of different reasons such as bankruptcy or other financial problems.
Learn more about bad debt expense at;
brainly.com/question/25654164
Answer:
At a discount rate of zero percent this investment has a net present value of 6000, but at the relevant discount rate of 17 percent the project's net present value is -5739.
Explanation:
See document attached. To get the net present value, we make a cash-flow in excel.
At moment the investment is =$-36,000
Moment 1 and 2 = $12,000 /moment 3 =$18000
We calculate the Net cash flow (that is the difference between benefits and cost).
To get net present value, we use VNA formula.
=VNA(required rate of return; Net cash flow from moment 0 to moment 3 )+Net cash flow at moment 0
Situation 1
Interest rate 0%
Net Present Value (NPV) 6000
Situation 2
Interest rate 17%
Net Present Value (NPV) -5739
