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butalik [34]
3 years ago
12

An analyst gathered the following information about a company: 01/01/04 - 50,000 shares issued and outstanding at the beginning

of the year 04/01/04 - 5% stock dividend 10/01/04 - 10% stock dividend What is the company's weighted average number of shares outstanding at the end of 2004
Business
1 answer:
Ray Of Light [21]3 years ago
4 0

Answer:

Company A

The company's weighted average number of shares outstanding at the end of 2004 is:

= 53,188 shares.

Explanation:

a) Data and Calculations:

Date        Description                               Weight    Weighted Average

01/01/04 - 50,000 shares issued

 and outstanding                                      12/12     = 50,000

04/01/04 - 5% stock dividend (2,500)      9/12     =     1,875

10/01/04 - 10% stock dividend (5,250)     3/12      =     1,313

Total weighted average number of shares =          53,188

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Answer:

b. False

Explanation:

Equity carve- out is an investment strategy executed by corporations. It involves a company selling minority shares through an Initial Public Offerring (IPO) to the external investors with an objective of partially divesting their  subsidiaries or business units . This way, the management would retain majority stake and control over the parent company and sell limited shares of its division to the public.

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3 years ago
The company employs a single employee who works all five weekdays and is paid on the following Monday. The employee works the en
Misha Larkins [42]

Answer:

Explanation:

The question says to complete the necessary adjusting entry

What is an adjusting entry:

An adjusting entry represent an accounting entry passed usually at the end of the accounting year to ensure that accounts following the matching principle. An adjusting entry can further be passed to calculate and bring in respective account balances at the end of the period.

Therefore, the required adjusting entry is as follows:

Date                     Particulars                          Debit                 Credit

Dec 30                   Salaries expense            $4,000

                                     Salaries payable a/c                       $4,000

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Note: Since a day is $800 and there are 5 days, the accrual is $800 x 5 = $4,000

4 0
4 years ago
(a) Write down 5 projects you think will lend themselves well to a Cost Benefit Analysis. Include for each of them, reasons as t
kati45 [8]

Answer:

A)

Food chain project, Tech startup, Road construction , expansion of clothing line, construction of dams

B)

Investment in stocks,  National economic planning , Railway construction , Employee housing,  Investment in Insurance

C)  The food chain project

D) Investment in stocks

Explanation:

A) 5 projects that will lend themselves well to a cost benefit analysis

  • Food chain project ; A food chain project can lend itself properly to cost benefit analysis, The owner or Financier of the project can estimate  the exact costs to be incurred in adding various delicacies to the Food chain project and he can also evaluate the revenue that each delicacy can generate at a given time based on the demand hence cost benefit analysis can be applied here
  • A tech startup : A tech startup can effectively implement cost benefit analysis by evaluating the cost of employing programmers based on their input and the revenue expected to be generated from the Tech startup products.
  • Road construction project : A road construction project is usually broken down into different project phases and this phases help the project coordinator to have an overview of the cost benefit of the project.
  • Expansion of a clothing line : In The expansion of a clothing line Cost Benefit Analysis can be applied, I.e. the cost of setting up clothing stores in various regions will be calculated first and then the expected profits from those outlets can be determine within a  period
  • construction of dams : The cost benefit analysis will compare the cost of building and the benefit / revenue to be generated in the long run

B)  5 projects that do not lend themselves to cost benefit analysis

  • Investment in stocks : The cost benefit analysis cannot be properly carried out in this can of project because some uncertainties associated with stocks
  • National economic planning project; Cost benefit analysis can not be properly implemented her because the sole aim of National economic planning is to sustain the economy and some uncertainties can erupt which was not included in the economic plan
  • Railway project : Due to the terrain of some areas the exact cost benefit analysis can not be properly implemented and also the scope of railway construction is broad in general.
  • Employee housing project : Cost benefit analysis cannot be implemented here because the housing project does not benefit the company that owns the building but just the employees
  • Investment in Insurance : The cost benefit analysis can not be properly implemented due to the uncertainties that life brings

C) In part A The best project for me  is

<em>The food chain project</em> and this is due to is simplicity in analysis via the cost benefit analysis

D) In part B the Least project for me is

<em>Investment in stocks </em>and this is due to the Volatility and uncertainty surrounding stock investment and trading

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Answer:

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There are 3 types of rock:

1. Igneous, wich are formed when 2 tectonic plates collide and magma goes to surface getting cold

2. Sedimentary: when many layers of  preexistent rocks produce pressure and heat by weigth  melting the rocks.

3. Metamorphic: a new rock is formed by chemical and/or physical reaction over preexistent rocks

Sedimentary and metamorphic  would be subducted in order to produce new igneus rocks.

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