Answer: Option (C) is correct.
Explanation:
Given that,
Old market price of stock = $15
New market price of stock = $18
Here, we assume that EPS be $5.
So,
Price-earning ratio at old price = 
= 
= 3
Price-earning ratio at New price =
= 
= 3.6
Hence, price-earnings ratio increases.
Answer:
type B 50 pounds
type A 94 pounds
Explanation:
First we construct the equation system:
Now we clear one and replace:
And we can solve for type B:
And now we can solve for quantity of A as well:
A = 144 - 50 = 94
<u>Finally we can check the answer if it is correct:</u>
50 x 5.9 + 94 X 4.75 =
295 + 446,5 = 741,5
Answer:
The company issues new common stock.
Explanation:
As we know that the cash balance have the debit balance so if there is increase in cash balance so the balance would remain in debit itself
In the given choices, the company issues common stock which increases the cash balance and the journal entry is as follows
Cash Dr XXXXX
To Common stock XXXXX
(Being the common stock is issued for cash)
And, the rest transactions shows the outflow of cash
Answer:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Explanation:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Answer:
Concept stage
Explanation:
The concept design stage is the stage of the design process that comes after the feasibility of the product has bee conducted and options or alternatives have been weighed with a decision and product specification documentation created. The concept stage design is the first design on the product showing the details of the product as contained in the specification documentation.
