Answer:
12,300 shares
Explanation:
The computation of the weighted average number of common shares is shown below:
= Number of shares + issued shares × number of months ÷ total number of months - treasury stock shares reacquired × number of months ÷ total number of months
= 10,000 shares + 5,000 shares × 6 months ÷ 12 months - 600 shares × 4 months ÷ 12 months
= 10,000 shares + 2,500 shares - 200 shares
= 12,300 shares
We deduct the treasury stock shares and added the issued shared to the beginning shares
Plus we assume the books are closed on December 31 so according to that we considered the number of months i.e to be taken while computing the weighted number of shares
B.consumer because all of the others make, ship, and provide the goods for the consumers
Answer:
$95,000
Explanation:
Jackson's net cash provided by operating activities is calculated below;
Cash collected from customers
$245,000
Less : Salaries paid. ($135,000)
Less utilities ($15,000)
Net cash provided. $95,000
Restricting free trade or trade among nations creates outside market influences that cause markets to act in unpredictable ways. This could artificially makes prices higher or lower than they should be. It can also cause shortages in goods or services produced. This prevents market optimization.
Answer:
$574
Explanation:
Given:
Beginning inventory 15 units @ $20 = 15 × 20 = $300
Purchases of 90 units @ $23 = 90 × 23 = $2,070
Purchases of $20 units @25 = $500
Total cost = 300 + 2070 + 500 = $2,870
Total units purchased = 15 + 90 + 20 = 125 units
Average cost = Total cost / total units purchased
= 2,870 / 125
= $22.96
Ending inventory units = 25
As per average cost method, value of ending inventory = 25 × 22.96
= $574