Answer:
24 million shares ; $16 million
Explanation:
The computation of the weightage number of treasury shares are shown below:
Number of shares Price Total
2 $22 $44 million
1 $28 $28 million
Total 3 $72 million
So, the weighted average number of shares would be
= $72 ÷ 3 = 24 million shares
Now the journal entry would be
Cash A/c Dr $64 million (2 million treasury shares × $32)
To Paid in capital - share repurchase A/c $16 million
To Treasury stock $48 million (24 million treasury shares × $2)
(Being the treasury shares are sold)
Nike matches employee donations and offers volunteer pay, which means Nike offers the worker $10 in step with an hour for hours volunteered that they can donate to the corporation they choose. And it offers retail store personnel time on the clock to serve as weekly volunteer coaches of their groups.
We see a world wherein each person is an athlete — united in the joy of motion. Pushed with the aid of our passion for recreation and our intuition for innovation, we intend to convey thought to each athlete in the international and to make sport an everyday addiction.
To do the whole lot feasible to increase human capacity. We try this through developing groundbreaking game innovations, via making our merchandise more sustainably, with the aid of constructing an innovative and various worldwide team, and through making a fine effect in communities where we stay and work.
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Answer:
The amortization schedule provides the data of equated monthly payments for which the classification of principal and interest along with unpaid principal balance is provided.
Explanation:
The true statement of amortization is that amortization schedule provides the data of equated monthly payments for which the classification of principal and interest along with unpaid principal balance is provided.
Answer:less than 5% or equal to 5%
Explanation:
Due to it's high credit rating the populace will have confidence in him and it will not need to increase it's rate to attract investors.
This is similar to a government issuing treasury bill which rate of return will be less than the banks or other similar institution
Answer:
The answer is $50million
Explanation:
In Accounting goodwill is calculated by subtracting net asset of the acquired business from the purchase price.
Firm A is the acquiring firm and firm Z is the acquired firm.
Net Asset of firm Z(the acquired firm) is Total assets minus total liabilities. So we have:
$150million - $30,000
=$120milion
And goodwill is purchase price minus Net asset of the acquired firm(firm Z)
Goodwill= $170million-$120millon
Goodwill = $50million
