1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igomit [66]
3 years ago
9

Vaughn Corporation had 303,000 shares of common stock outstanding on January 1, 2017. On May 1, Vaughn issued 31,200 shares.

Business
1 answer:
Helga [31]3 years ago
4 0

Answer and Explanation:

The computation of the  weighted-average number of shares outstanding  in each cases is as follows:

a. At the time when the shares are issued at cash

= (303,000 × 12 ÷ 12) + (31,200 × 8 ÷ 12)

= 303,000 + 20,800

= 323,800 shares

b. At the time when the shares are issued in the stock dividend

= (303,000 × 12 ÷ 12) + (29,700 × 12 ÷ 12)

= 303,000 + 29,700

= 332,700 shares

You might be interested in
Johnson Production Company paid a dividend yesterday of $3.50 per share. The dividend is expected to grow at a constant rate of
lara [203]

Answer:

correct option is a. 19.63%

Explanation:

given data

dividend = $3.50 per share

constant rate = 10% per year

common stock = $40 per share

flotation costs = $4 per share

solution

we know formula that is

cost of retained earnings = \frac{Dividend}{Current price} + Growth rate

we will ignored Flotation costs  in this case

so it will be = \frac{3.5 * 1+0.1}{40} + 0.1

= 19.63 %

so correct option is a. 19.63%

5 0
3 years ago
Kevin bought 290 shares of Intel stock on January 1, 2019, for $86 per share, with a brokerage fee of $190. Then, Kevin sells al
Yuliya22 [10]

Answer:

Gain $1,600

Explanation:

Amount Realized = (290 shares × $93) − $240

=$26,970-$240

= $26,730

Adjusted Basis = (290 shares × $86) + $190

=$24,940+$190

= $25,130

Gain = $26,730 − $25,130

= $1,600

Therefore the amount of the gain/loss Kevin must report on his 2019 tax return will be $1,600

6 0
2 years ago
Which area of study involves microeconomics?
Mazyrski [523]

Answer:

The science of microeconomics covers a variety of specialized areas of study including: Industrial Organization: the entry and exit of firms, innovation, and the role of trademarks. Labor Economics: wages, employment, and labor market dynamics.

Explanation:

5 0
3 years ago
Read 2 more answers
One of Christina’s colleagues works with her on developing a more standards-driven environment in her classroom. The two teacher
IceJOKER [234]

The first thing Cristina should do to create a more standards-oriented environment in her classroom is to create positive relationships with her students.

<h3 /><h3>How to create a positive educational environment?</h3>

It is necessary for the teacher to be organized according to the methodologies required by the institutional standard, as standardization generates the systematization of processes so that student learning and development occurs in a similar way, without bias, for example.

Therefore, the standardization of teaching helps in conformity, structuring and systematization, essential for the formation of relationships and educational culture favorable to social, cognitive and academic development.

Find out more about educational institutions here:

brainly.com/question/26015261

#SPJ1

7 0
1 year ago
Flint Inc. has decided to purchase equipment from Central Michigan Industries on January 2, 2017, to expand its production capac
ddd [48]

Answer:

Please see the answers below:

Explanation:

1.

Debit: Equipment         $912,000

Credit: Notes Payable                 $912,000

To record purchase of equipment at zero interest bearing note Central Michigan.

2.

Debit: Notes Payable        $182,400

Debit: Interest Payable      $20,064

Credit: Cash                                     $202,464

To record Cash Payment of 1st year Installment and Interest.

3.

Debit: Notes Payable        $182,400

Debit: Interest Payable      $20,064

Credit: Cash                                     $202,464

To record Cash Payment of 2nd year Installment and Interest.

4.

Debit: Depreciation Expense          $91,200

Credit: Accumulated Depreciation               $91,200

To record Depreciation Expense on Equipment over the life of 10 years with no salvage value. (Straight Line Depreciation is employed).

6 0
3 years ago
Other questions:
  • When price and quantity sold by a firm or multiply the result is called?
    8·1 answer
  • Scenario
    5·1 answer
  • Last​ year, the price of steak was ​$4 per pound and the price of salmon was ​$5 per pound.       This​ year, the price of steak
    9·1 answer
  • Small-business investment companies (SBICs): a. take a more balanced approach in their choices than venture capital companies. b
    9·1 answer
  • Htc started as an original equipment manufacturing firm (oem) for brand-name mobile device companies. later, it started offering
    6·1 answer
  • HVAC Services Inc. employs two hundred workers. Workers who lose their jobs with HVAC may have a right to continued health-care
    14·1 answer
  • In the market for gadgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical dow
    8·1 answer
  • Franklin transferred 952 photos from his phone in 17 minutes. At what rate does his phone transfer photos?
    15·1 answer
  • The amount of checks that have been received and deposited but have not yet been made available to the account in which they wer
    12·1 answer
  • Employers will be evaluating your attitude and communication skills during an interview. Please select the best answer from the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!