Answer:
B. 25,000
Explanation:
Given important information here is common stock, par $10 authorized, 30,000 shares and $250,000 Treasury Stock.
To calculate how many shares of common stock have been issued we have to divide the total price of common stock/par value which is as follows:
Shares issued = 250,000/10
25,000 shares answer
Therefore the correct answer is 25,000 shares .
Answer:
$2,171,762
Explanation:
since there is not enough room here I used an excel spreadsheet
Answer:
$241
Explanation:
Of the six month tenor of the note, the period that falls into 2017 is 2 months (that is, November 1 to December 31). In addition, by default, interest rates are stated on an annual basis except indicated otherwise. Therefore, it is assumed that 8.5% rate indicated in the question is an annual rate.
The computation of the interest that falls into 2017 is as follows:
= 
= $17,000 * 8.5% * 2/12
= $240.83
= approx. $241.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Sales (6,200 units) $136,400
Variable expenses 80,600
<u>The total contribution margin is the difference between the sales revenue and the total variable costs. First, we need to determine the unitary selling price and unitary variable costs:</u>
Selling price= 136,400/6,200= $22
Unitary variable cost= 80,600/6,200= $13
Now, we can calculate the total contribution margin at 5,800 units:
Total contribution margin= 5,800*22 - 5,800*13= $52,200
Answer:
terms of reference
Explanation:
introduction and conclusion must be included in all reports regardless of the subject. this is typically the same with findings as well
