Answer:
Check Printing Charges is the correct answer.
Explanation:
The purpose of money is that it is a store of value, unit of account and a medium of exchange.
Money is a store of value because it holds a value to pay for something else. Money is used to purchase items you want and depending on how much money you have it creates a value that is enough to purchase something else. Money is also a unit of account because it holds a numeric value that is important to the holder and the organizations so that people can spend their items on things they want/need. Money is also a medium of exchange because it is used as an exchange for a good or service that the consumer wants.
Answer:
Change in the Net working capital is $124
Explanation:
Working Capital can be define as the net amount between the Current Asset and Current liability of a particular year
It is better written as Working capital = Current Asset - Current Liabilities.
At the beginning of the year, the working capital is = $327 - $231 = $96
At the end of the year, the working capital is = $491 - $271 = $220
Change in Net working capital = $96 - $220
Change in Net working capital = $124
Answer:
C. More leisure time
Explanation:
An entrepreneurships can represent an opportunity for success, since all large corporations started that way. They can also generate a lot of profit and make their owners very rich people. It is great to be your own boss but it is also very challenging and motivating.
But the only thing that an entrepreneurship is not, is an job that allows you to have a lot of free time. Entrepreneurships are extremely time consuming and require lots of work and passion.
Answer:
1. Equity reduces to $372,300
2. 11,517 shares
3. $32.33
Explanation:
1. Effect on Equity
The company will use $15,600 cash to buy the equivalent amount of shares.
Cash Balance will reduce by;
= 52,900 - 15,600
= $37,300
Equity will reduce by the amount of stock repurchased;
= 387,900 - 15,600
= $372,300
2. Shares Outstanding
Current Stock Price = 
= 387,900/12,000
= $32.33
Number of shares repurchased = 15,600/32.33
= 483 shares
New Shares Outstanding = 12,000 shares - 483 shares
= 11,517 shares
3. Price per share after repurchase
= 
= 372,300 / 11,517
= $32.33
4. Dividends declared reduces the equity value.
= 32.33 - 1.30
= $31.03
The share repurchase is the same as the cash dividend because the stock price after the repurchase is the same as the stock price if dividends are declared less the cash dividends.
