Answer:
Option (D) 327,000
Explanation:
Data provided in the question:
Shares of common stock issued and outstanding = 300,000
Stock dividend issued = 10%
Shares of common stock reacquired as treasury stock = 12,000
Duration from June 30, 2013 to September 30, 2013 = 3 months
= 0.25 years
Now,
Appropriate number of shares to be used in the basic earnings per share computation for 2013 will be
= [ 300,000 × ( 1 + 0.10 ) ] - [ 12,000 × 0.25 ]
= 330,000 - 3,000
= 327,000
Hence,
Option (D) 327,000
Answer:
Free trade of goods and services benefits all countries in the world. This is because of the concept of comparative advantage that tells us that some countries are better at providing specific goods and services than others.
For example, Japan is made up of relatively small islands that are very mountainous, forested, and lacking in natural resources. Besides, the country has a large population concentrated in the few flat areas. This essentially means that Japan is severly lacking in agricultural land and raw materials, and has to import most of its food, oil, natural gas, among other things. This is why the country has specialized in electronics, automobiles, and pharmaceuticals.
Brazil is the opposite: a very large country with hundreds of thousands of square miles fit for agricultural production. The country is a great exporter of soy, rice, sugar, and oil. However, the brazilian industry is not competitive, and most of its exports are to neighboring Argentina.
Without free trade, Japan could hardly feed itself, or it would do so with great difficulty. At the same time, Brazil would have a large surplus of food and raw materials, but its citizens would lack access to high-tech Japanese goods such as Toyota cars, or Sony electronic devices. Both countries would be worse-off.
The FINRA Corporate Financing Department will only approve a new issue to be offered by a member firm after analyzing the offering documentation for the new issue and determining that the offering spread is reasonable and fair.
<h3>
What does the finance department do?</h3>
A business's finance department is the division in charge of procuring and managing all financial resources on the company's behalf. The department oversees income and expenses in addition to ensuring that operations function smoothly with the least amount of disturbance.
<h3>How does a financial department operate?</h3>
- Banking, leverage or debt, credit, capital markets, money, investments, and the design and management of financial systems are all included in the field of finance.
- Micro economic and macroeconomic theories form the foundation of fundamental financial ideas.
<h3>Why is a company's finance department important?</h3>
A company's finance department is crucial in monitoring performance and developing answers to vital inquiries concerning risk management and return on investment. There won't be a green light without a profit.
learn more about finance department here
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The future amount of an investment with compound interest can be calculated through the equation,
F = P x (1 + ieff)^n
where F is the future amount, P is the current value of the money, ieff is the effective interest (rate per year), and n is the number of years.
From the equation, all are given except for the effective interest, i. Now, substituting the known values,
14,398.87 = (7,775) x (1 + ieff)^14
The value of ieff from the equation is 0.044999.
Since the value of the ieff when translated to percentage is equal to 4.5% as well, the interest rate is compounded yearly.
Answer:
The answer is: A) When the marginal cost of producing an additional unit equals the marginal revenue from that unit.
Explanation:
In economics, we assume that a company´s main goal is to maximize its profit. In order for any company do to this, the marginal cost (MC) of producing an extra unit of production must equal the marginal revenue (MR) obtained by selling that extra unit of production.
Theoretically, in perfect market conditions, MR=MC in the equilibrium point between quantity supplied and quantity demanded. But on real world conditions elasticity of both demand and supply alter the curves.
