All categories

2 years ago

How is everyone's day so far?

Business

2 answers:

kirill115 [55]2 years ago

7 0

Answer:

Pretty stressful becuase of school :/

And yours?

Explanation:

Butoxors [25]2 years ago

6 0

Answer:

It's been pretty good I guess

You might be interested in

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2015, the company's board of di

faust18 [17]

Answer:

The journal entry will be as follow:

Dec 31th

Retained Earnings 200,000 debit

Stock Dividends Payable 200,000 credit

to record declared stock dividends

Jan 20th

Stock Dividends payable 200,000 debit

Common Stock 40,000 credit

Additional paid-in 160,000 credit

Explanation:

The company will issue 20% stock

100,000 shares x 20% = 20,000 shares

The company cost for this 20,000 will be the market value

20,000 shares x $10 = 200,000

This will be compare with the face value of the shares to calculate the adidtional paid-in:

20,000 sahres x $2 face value = 40,000 common stock

200,000 market value - 40,000 face value = 160,000 additional paid-in

The journal entry will be as follow:

Dec 31th

We declare the dividends against retained earnings, from there we will take the funds to pay the dividends

Jan 20th

The dividends will be paid with common stock so we write-off the dividdends payable again the issued stock and their aditioanl paid-in.

3 0

2 years ago

Read 2 more answers

The Charade Company is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable fac

In-s [12.5K]

Answer:

the total budgeted factory overhead for November is : 2) $110,000.

the budgeted direct labor hours for December must be : 3) 9,000 hours.

total budgeted factory overhead per direct labor hour is : 1) $14.38

Explanation:

To determine the budgeted factory overhead for November, prepare a budgeted factory overhead for November as follows :

November

Budgeted Variable factory overhead ($5.00 × 7,000 hours) = $35,000

Budgeted Fixed factory overhead = $75,000

Total budgeted factory overhead = $110,000

December

Total Cash Disbursements = $105,000

Less Budgeted Fixed factory overhead ($75,000 - $15,000) = $60,000

Budgeted Variable factory overhead = $45,000

Therefore, budgeted direct labor hours = $45,000 / $5.00

= 9,000 hours.

December

Budgeted Variable factory overhead ($5.00 × 8,000 hours) = $40,000

Budgeted Fixed factory overhead = $75,000

Total budgeted factory overhead = $115,000

Therefore, total budgeted factory overhead per direct labor hour = $115,000 / 8,000 hours = $14.375

Which is $14.38 (rounded)

3 0

3 years ago

EBay A. is a market because buyers and sellers are brought together to buy and sell. B. cannot function as a market. C. would be

IgorLugansk [536]

Answer:

A. is a market because buyers and sellers are brought together to buy and sell.

Explanation:

The definition of market is that it is a place where sellers of products and services meet with potential buyers. Acording to this definition, Ebay can be considered a market because in this website there are sellers offering different types of products and buyers willing to pay in order to get them.

3 0

2 years ago

All of the following are ways listed in your text that customers engage with brands via social media except consumers acting as

lys-0071 [83]

Answer: consumers acting as brand advocates

Explanation:

A consumer is less likely to act as a brand advocate. An advocate to someone is a person that speaks on behalf of someone or acts as an intermediate between a person he is representing and another. An advocate role is not the job of a consumer.

5 0

2 years ago

Today, you sold 540 shares of stock and realized a total return of 6.3 percent. You purchased the shares one year ago at a price

GuDViN [60]

Answer:

B. 5.40 percent

Explanation:

Let today's price per share be $X

Total return = [ (New value + Dividend - Old value) / Old price ] *100

Old value = $24 *540 = $12,960

Next, plug in the numbers to the formula;

0.063 = [ (540X + 117 - 12,960)/ 12,960 ]

0.063 = $[\frac{540X-12,843}{12,960} ]$

multiply both sides by 12,960;

0.063 *12,960 = 540X - 12,843

816.48 = 540X - 12,843

Add 12,843 from both sides and solve for X;

816.48 + 12,843 = 540X

13,659.48 = 540X

Divide both sides by 540;

13,659.48/ 540 = X

X = 25.295

Therefore, today's price per share = $25.30

Capital gains yield= (Today's price - Original price) /Original price

Capital gains yield = (25.295 -24) / 24

=0.05396 or 5.40%

Therefore, Capital gains yield is 5.40%

3 0

3 years ago