Answer:
d. Statements a and c are correct
Explanation:
The primary market is the market where for the first time the new securities such as shares, stocks, bonds, etc. are being sold to the general public or we can refer initial public offer. The initial public offer is an example of the primary market
On the other side, the secondary market is that market where the shares are bought or sold through the investors after the sale to the public at large.
Answer and Explanation:
The journal entry is as follows;
Cash ($5,400,000 × 102%) $5,508,000
To Bonds Payable $5,400,000
To Premium on Bonds Payable $108,000
(Being issuance of the bond payable is recorded)
Here the cash is debited as it increased the assets and credited the bond payable and premium on bond payable as it increased the liabilities
Undertaking an apprenticeship. Apprenticeships are regulated forms of internships where an individual can become qualified and certified in a given profession.
Answer:
3,202,000 shares.
Explanation:
Diluted earning per share (EPS) is an EPS that is calculated using both the common stock and all convertible securities like convertible preferred stock, convertible debt, equity options, warrants, or convertible bonds which are converted into common stock or equity.
Diluted EPS is different from an EPS that is calculated using only the common stock.
From the common stock, the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2021 are the addition of all the shares obtained as follows:
Number of shares for diluted EPS = 1,570,000 + 1,259,000 + 373,000
= 3,202,000 shares.
Therefore, the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2021 is 3,202,000 shares.
Answer:
D
Explanation:
It is better if we understand this problem with numbers. Let´s suppose the number of taxpayers is 100.000 and the number of registered voters is 90.000. The proportion of registered voters to taxpayers was 90.000/100.00=0.9. Over the last ten years, the number of taxpayers has double: 100.000*2=200.000, and the number of registered voters has increased, but at a lower rate, let´s suppose that at a rate of 1.5: 90.000*1,5=135.000. Now, the proportion of registered voters to taxpayers is 135.000/200.000= 0,68
The number of taxpayers remains bigger than the number of registered voters. And the proportion of registered voters to taxpayers has decreased over the ten years. It is possible that everyone who is registered voter is also a taxpayer because the registered voters are less than the taxpayers but we don´t know for sure. What we know is that not all the taxpayers are registered voters because there are more taxpayers than registered voters.
