Answer:
846,000 shares
Explanation:
According to the scenario, computation of the given data are as follows:
Outstanding common stock = 807,000 shares
Outstanding option stock = 150,000
option price = $37
Market price of common stock = $50
So, 150,000 - (150,000 × $37 ÷ 50)
= 150,000 - 111,000
= 39,000
So, Number of shares = 807,000 + 39,000
= 846,000 shares
Answer: Gross pay is the amount of money your employees receive before any taxes and deductions are taken out. For example, when you tell an employee, “I'll pay you $50,000 a year,” it means you will pay them $50,000 in gross wages.
Solution:
Inventory 21,320 debit
A/P 21,320 credit
--to record purchase from Game Girl --
Inventory 360 debit
Cash 360 credit
--to record the freight-in--
A/P 1,560 debit
Inventory 1,560 credit
--to record returned goods to GameGirl--
A/P 19,760 debit
Inventory 395 credit
Cash 19,365 credit
--to record payment to GameGirl--
accounts receivables 17,360 debit
sales revenues 17,360 credit
COGS 8,406 debit
8,406 credit
--to record sale and subsequent cost of the sale--
total amount of the purchase in dollars:
82 game devices x 260 dollars each = 21,320
six returned devices:
6 x 260 = 1,560
invoice balance: 21,320 - 1,560 = 19,760
discount because payment within the first ten days:
19,760 x 2% = 395
final value: 19,760 - 395 = 19,365
sale of 62 devices at 280 = 17,360
Answer:
My HPR was 11%
Explanation:
Investment Value at Beginning of the yer = $50
Growth rate = 4%
Holding period Return = Dividend + return on investment value
Holding period Return = $3.50 + ( $50 x 4% )
Holding period Return = $3.50 + $2
Holding period Return = $5.50
Holding Period Return Rate = ( $5.5 / $50 ) x 100
Holding Period Return Rate = 11%
So, my HPR was 11%
