Answer:
The correct answer is $2,000.
Explanation:
According to the scenario, the given data are as follows:
Contract with Little company = $5,000
Earn from other job = $3,000
So, we can calculate the amount Kris can recover as a compensation damages by using following formula:
Amount that can be recovered = Contract with Little company - Earn from other job
By putting the value, we get:
Amount that can be recovered = $5,000 - $3,000
= $2,000
Answer: $412,600
Explanation:
AFN = Increase in assets - Increase in Liabilities - Addition to Retained Earnings
Increase in Assets
= 5,000,000 * 15%
= $750,000
Increase in Liabilities
Only use Accruals and Accounts Payable
= (450,000 + 450,000) * 15%
= $135,000
Additional to Retained Earnings
= After tax Profit
= 9,200,000 * 4%
= $368,000
Addition to retained earnings = 368,000 * ( 1 - payout ratio)
= 368,000 * ( 1 - 45%)
= $202,400
Additional Funds Needed (AFN) = 750,000 - 135,000 - 202,400
= $412,600
Access control tecnology. it's the only thing i can come up with, hope it's right
Answer:
96.3 days
Explanation:
Inventory turnover is calculated as;
= ( Average inventory / cost of goods sold ) × 365
Where,
Average inventory = (Beginning inventory + Ending inventory) / 2
Average inventory = ($208,000 + $188,000) / 2
Average inventory = $198,000
Therefore,
Inventory turnover = ($198,000 / $750,000) × 365
Inventory turnover = 96.3 days
The average number of days for Tinker to sell it's inventory during 2019 is closest to 96.3 days
Answer:
a. is reduced to $5 per share
Explanation:
Data given in the question
Market value per share = $80
Number of shares = 100,000
Par value = $10
So, after the split, the par value of the stock is
= Par value of the stock ÷ stock split ratio
= $10 ÷ 2
= $5 per share
By dividing the par value of the stock by the stock split ratio we can get the par value of the stock
