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Softa [21]
3 years ago
10

The Gingham Company's budgeted income statement reflects the following amounts:

Business
1 answer:
aleksklad [387]3 years ago
6 0
:0/0:0 even h i’d s a square tune quar an tine is bad
You might be interested in
Luther Industries currently has 5 million shares outstanding and its stock is currently trading at $40 per share. Assuming Luthe
aliya0001 [1]

Answer:

The Luther's new share price is closest to $16

Explanation:

For computing the new share in case of the stock split, first we have to find out the value of total share which is shown below:

Value of share = Outstanding number of shares × price per share

                        = 5,000,000 × $40

                        = 200,000,000

Now we find out the outstanding shares after the stock split which equal to

= Value of share × stock split ratio

=5,000,000 × 5 ÷ 2

= 12,500,000

Then, compute the new share price which is equal to

= Value of shares ÷ stock split outstanding shares

= 200,000,000 ÷ 12,500,000

= $16

Hence,  Luther's new share price is closest to $16

6 0
4 years ago
In conducting its SWOT analysis, a baseball team notes that most of its players are among the best in the world and that their c
mamaluj [8]

Answer:

A) Strengths

Explanation:

Having one of the best teams or a coach as the  distinguished major-league player is the strength of the TEAM. This is the internal and growing strengths  of the team players.This is a learning strength and can be used in every possible way to improve results or outputs. This is neither a weakness nor a threat.

Having the best players is the uniqueness of the team and having a coach as the  distinguished major-league player is the strong management of the team where expert handles training.

7 0
3 years ago
In the current year, Norris, an individual, has $59,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,100 and
kondaur [170]

Answer: an offset against ordinary income of $3,000 and a NSTCL carryforward of $2,400

Explanation:

Feom the question, we are told that in the current year, Norris, an individual, has $59,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700.

From his capital gains and losses, Norris reports an an offset against ordinary income of $3,000 and the a net short-term Capital loss (NSTCL) balance carryforward will be the difference between the net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700 and the offset against ordinary income. This will be:

= ($9100 - $3700) - $3000

= $5400 - $3000

= $2400

4 0
3 years ago
We will follow-up the basic perpetuity with a delayed perpetuity. Watch the Chapter 5 Part 2 video for an example of a delayed p
maria [59]

Answer:

At the end of year 4 (one year before the first cash flow)

Explanation:

According to the present value of perpetuity concept here we divided the predicted cash flows by the rate of that period by calculating this it provides the present value that is prior to the cash flow now if we want for more years so we should have to discount over that time period

Since in the given situation the starting of the cash flows is from the ending of year 5 therefore the timeline would be at the closing of year 4 i..e one year prior to the first cash flow

4 0
3 years ago
Which country has an absolute advantage for producing books
MAVERICK [17]

The correct answer is Singapore. For Plato!

6 0
3 years ago
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