Answer:
Weight A= 0.6624
Weight B= 0.3376
Explanation:
From the question above,
Stock A has 148 shares at $35
Stock B has 110 shares at $24
The first step is to calculate the total amount of value
= 148($35)+110($24)
= $5,180+$2,640
= $7,820
Therefore the weight of each stock can be calculated as follows
Weight A= 148($35)/$7,820
= $5,180/$7,820
= 0.6624
Weight B= 110($24)/$7,820
= $2,640/$7,820
= 0.3376
Hence the portfolio weights are 0.6624 and 0.3376 respectively.
Answer:
Company A
The company's weighted average number of shares outstanding at the end of 2004 is:
= 53,188 shares.
Explanation:
a) Data and Calculations:
Date Description Weight Weighted Average
01/01/04 - 50,000 shares issued
and outstanding 12/12 = 50,000
04/01/04 - 5% stock dividend (2,500) 9/12 = 1,875
10/01/04 - 10% stock dividend (5,250) 3/12 = 1,313
Total weighted average number of shares = 53,188
Answer:
✓Debit to WIP Inventory-Finishing
✓credit to WIP Inventory-Coloring.
Explanation:
From the question, we are informed about Fun Stuff Manufacturing produces frisbees using a three-step sequential process that includes molding, coloring and finishing. When the frisbees and associated costs are transferred from the molding process to the coloring process, WIP Inventory-Finishing is to be debited, while WIP Inventory-Coloring is credited in the journal entry . WIP can be regarded as part of the overhead cost as well as raw materials, and labor cost at each stages during the process of production. When recording on the journal entry, journal entry can be regarded helps in recording any transaction as far as accounting system is concerned. Several recording are found in journal, and can fall in debit or credit side . At the journal entry, Debit side is at the left-hand side and credit side is at the right-hand side
Contributing to the negative balance of payments.
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