Need for closure.
Clara wants a quick resolution/answer to her question of where to eat. She wants the issued closed so she can focus on other things.
Answer:
c. $107,000
Explanation:
We can calculate cash collected from the customers by following calculations
Accounts receivable op balance $38,000
Add : Sales on account during year $88,000
Less Closing Balance on Receivables - $19,000
Cash Collected from Customers $107,000
This is the net amount collected on behalf of customers while $19,000 is still recoverable in consequent accounting cycle.
Hope that helps.
The rate of interest the Federal Reserve charges banks for short-term loans is called the
discount rate.
Answer:
$100
Explanation:
Market price of common shares = $10 per share
Number of common shares granted by RSUs = 50 million
Total market value of common stock issued = Number of Common shares granted by RSUs × Market price of common shares
Total Market value of common stock issued = 50 million × $10 = $500
Vesting Period = 5 years
The effect on earnings in the year after the shares are granted to executives = Total market value of common stock issued / Vesting Period
The effect on earnings in the year after the shares are granted to executives = $500 / 5 years
The effect on earnings in the year after the shares are granted to executives = $100
Answer:
Item Assets Liabilities Stockholders’ Paid-in Retained Net
Equity Capital Earnings Income
1. Increase No effect Increase No effect Increase Increase
2. No effect Increase Decrease No effect Decrease No effect
3. No effect No effect No effect No effect No effect No effect
4. No effect No effect No effect No effect No effect No effect
5. Decrease No effect Decrease No effect Decrease Decrease
6. Decrease Decrease No effect No effect No effect No effect
7. No effect Increase Decrease No effect Decrease Decrease
8. No effect No effect No effect Decrease Decrease No effect
9. No effect No effect No effect No effect No effect No effect