Common stock is a corporate owned equity. Common stock shareholders have a right to the company's assets after all bondholders, preferred stock/shareholders and other debt holders are paid first and in full. Preferred stock has the owner entity to a fixed amount of money. Those that are preferred shareholders/stockholders receive money before any common stock holders do. They have a higher claim on assets and company earnings.
A common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.
<h3>Why was the common market formed?</h3>
Through the removal of the majority of trade barriers and the development of a unified external trade strategy, the EEC was created with the goal of establishing a common market among its members. In order to shield EEC farmers against agricultural imports, the treaty also called for the creation of a unified agricultural policy, which was implemented in 1962.
A free trade zone with a reasonably unrestricted circulation of goods and services is referred to as a common market. When it was a regional organization from 1958 to 1993, the European Economic Community was known as the "Common Market."
In a customs union, all or almost all of a country's imports, exports, and transiting commodities are subject to the same set of processes, regulations, and tariffs. Customs union participants typically have similar trade and competition laws.
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Answer:
a. $352,200
b. $372,100
Explanation:
The cost of goods manufactured
<em>Consider only the manufacturing costs</em>
Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200
=$352,200
Cost of goods sold
<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>
Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900
= $372,100
Answer:
Basic EPS = $6.6
Diluted EPS = $5.06
Explanation:
The computation of basic and diluted EPS is shown below:-
Basic EPS = Net income ÷ Weighted average shares outstanding
= $660,000 ÷ 100,000
= $6.6
Interest on convertible bonds = 1,000,000 × 8%
= 80,000
Diluted EPS = (Net income + Interest on convertible bonds × (1 - Tax%)) ÷ (Weighted average shares outstanding + Shares from Convertible bonds)
= ($660,000 + 80,000 × 60%) ÷ (100,000 + 40,000)
= ($660,000 + 48,000) ÷ (140,000)
= $708,000 ÷ 140,000
= $5.06
Answer:
11/15 paycheck
Explanation: The amount should of been in the deposit section
