Answer:
The $150 million cash received is for a new issue of 5 million common stock Explanation:
The number of shares issue =amount credited to common stock/par value of share
amounted credited to common stock is $100 million
par value of share is $20
the number shares issued =$100,000,000/$20
=5,000,000 shares
premium amount per share =excess paid-in capital.number of shares issued
excess paid-in capital is $50 million
premium amount per share=$50,000,000/5,000,000
=$10 per share
All in all, the $150 million cash received is for a new issue of 5 million common stock
Answer:
Cost per unit= $16.194
Explanation:
Giving the following information:
Andee Company spends $4.69 in variable costs for each product produced.
Fixed manufacturing overhead costs are $115,043 a year.
Q= 10,000 units.
Total cost= Fixed cost + variabe cost*number of units
Total cost= 115,043 + 4.69*10000= $161,943
Cost per unit= total cost/Q= 161943/10000= $16.194
<span>About 1/3 of American employees work without a traditional pension or retirement. This is a problem because when they get closer to retirement age their bank account may not have enough money for them to have a sustainable retirement and can force them to be on government spending such as welfare.</span>
The transnational corporation, established in the Philippines, is a conglomerate of innovative and progressive enterprises involved in a wide range of industries, including shipping and cargo forwarding, total logistics, and transportation.
Globalization has an influence on trade since so many companies now do business abroad. Transnational corporations (TNCs), often referred to as multinational corporations (MNCs), are companies that operate globally. Companies like Apple, McDonald's, and Unilever are examples of TNCs.
They innovate not just in terms of technology but also in terms of organizational structures. As soon as organizations begin to operate in this nation, the national standards rise, allowing other businesses to raise their management levels. The expansion of money circulation in the economy also plays a part.
To learn more about transnational corporations
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Answer:
COGS= $310
Explanation:
Giving the following information:
She bought 20 units of inventory at $11, then 26 units at $9, and finally 18 units at $14.
She sold 30 units in 2019.
<u>Under the FIFO (first-in, first-out) valuation method, the cost of goods sold is calculated using the cost of the firsts units incorporated into inventory.</u>
<u></u>
COGS= 20*11 + 10*9
COGS= $310