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Brut [27]
3 years ago
6

On January 1, Year 2, the Arlington Company had 100,000 shares of common stock issued and outstanding. On July 1, Year 2, the co

mpany sold 20,000 additional shares for cash. On August 1, a 25% stock dividend was distributed. What is the weighted-average number of common shares outstanding during Year 2
Business
1 answer:
Dennis_Churaev [7]3 years ago
6 0

Answer:

The correct answer is 137,500 Shares.

Explanation:

According to the scenario, the computation of the given data are as follows:

Time period  Jan.1 - Jul.1 = 6 months

So, first we calculate the weighted average before dividend.

Weighted average before dividend shares outstanding = (100,000 × 6 ÷ 12) + (120,000 × 6 ÷ 12)

= 50,000 + 60,000 = 110,000

Now we can calculate the weighted-average number of common shares outstanding during Year 2 by using following formula:

Weighted-average number of common shares outstanding = Weighted average before dividend shares outstanding + Dividend on outstanding Shares

By putting the value we get,

= 110,000 + 25% × 110,000

= 110,000 + 27,500

= 137,500 Shares

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The working ratio measures a corporation's potential to recover running expenses from annual sales. It's miles calculated by taking general annual fees, aside from depreciation and debt-related charges, and dividing it by the yearly gross income.

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2 years ago
Which of the following imperfect competitions in national markets can multinational firms take advantage of? a. product differen
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Answer:

c

Explanation:

i feel they should take advantage of theit financial strength

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3 years ago
Which is a helpful resource for you during the process of buying a home? A. Realtors B. Local programs C. Government programs D.
Klio2033 [76]

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A. Realtors

Explanation:

A realtor is a professional who helps clients buy and sell properties.  Realtors are registered by the National Association of Realtors (NAR) and licensed to practice by their local authorities.

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Question 1 of 10
Lisa [10]

C. price index

is the correct answer to the questions

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A. is a measure of change in the prices of goods from one period to

another

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2 years ago
Read 2 more answers
The Warren Watch Company sells watches for $21, fixed costs are $180,000, and variable costs are $15 per watch.
enyata [817]

Answer:

  • 5,000 watches : $150,000  loss
  • 20,000 watches:  $60,000  (Loss)
  • Break-even point = 30,000  units
  • if the selling price rises to 32  = break even points descends to 10,588 units
  • If the selling price rises to $32 but variable costs rises to $26  , the break even point goes back to 30,000units.

Explanation:

Hi, to answer this question we have to apply the next formula:

Profit = Revenue -cost

Where the revenue is equal to the units sold (x) multiplied by the selling price,

R = 21 x  

And cost is equal to the sum of the fixed and variable costs.

C = 15x + 1800

So:

P = 21x-(15x +180,000)

P = x ( 21-15)- 180,000

  • For 5,000 watches:

P = 5000(21-15)-180,000

P = 5000(6) -180,000

P= 30,000-180,000

P=-$150,000  (loss , since is negative )

  • For 20,000 watches:

P = 20,000(6) -180,000

P = 120,000-180,000

P=-$60,000  (Loss)

  • To find the break even point:

R = C

21x = 15x + 180,000

21x-15x =180,000

6 x = 180,000

x = 180,000/6

x =30,000  units

  • if the selling price rises to 32

32x = 15x + 180,000

32x-15x = 180,000

17x =180,000

x = 180,000/17

x = 10,588 units

It descends,

  • If the selling price rises to $32 but variable costs rises to $26  

32x = 26x+180,000

32x-26x = 180,000

6x = 180,000

x = 180,000/6

x =30,000

The break-even point comes back to 30,000 units.

6 0
3 years ago
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