Answer:
The shares of common stock are outstanding are 24,920 shares
.
Explanation:
Outstanding shares
= Shares issued - Shares held as Treasury Stock shares
= $250000/$10 par - $1200/$15
= 25000 shares - 80 shares
= 24,920 shares
Therefore, The shares of common stock are outstanding are 24,920 shares
.
Answer: $66.90 per unit
Explanation:
Cost that would be avoided is:
= Direct materials + Direct cost + Variable manufacturing overhead + part of fixed manufacturing overhead
= 20.80 + 26.50 + 6.90 + (36.10 - 31.40)
= $58.90
If the outside supplier commits to 59,000 units a year, the company should not pay more than:
= (Number of units supplied * Avoidable cost + contribution margin on other product (opportunity cost) ) / Number of units supplied
= (59,000 * 58.90 + 472,000) / 59,000
= $66.90 per unit
Answer:
sales decline
Explanation:
everyone stopped buying DVDS because they are kind of useless at this time period, which means they couldn't make any money
Answer:
b) Lateral Thinking
Explanation:
Lateral thinking is the approach where creative and innovative ways are thought out. In this approach, problem solvers deliberately distance themselves from generic and classic approaches and thus try to come up with brand new ideas and not follow typical thinking patterns.
All the other options can be used to find solutions but they may not necessarily take this innovative approach.
Hope that helps.
Answer:
Dividend paid during the year will be $55000
So option (B) will be the correct answer
Explanation:
We have given dividend declared during the year=$60000
Dividend payable at the beginning of the year=$20000
Dividend payable at the end of the year=$25000
We have to find the dividend paid during year
Dividend paid during the year=Dividend payable at the beginning of the year+ Dividend declared during the year-Dividend payable balance at the end of the year
Dividend paid during the year=$20000+$60000-$25000=$55000
So option (b) will be the correct answer
