Discuss the difference between organizational objectives and strategies.

he balance sheet for Crutcher Corporation reported 220,000 shares outstanding, 320,000 shares authorized, and 22,000 shares in t

mash [69]

Based on the information given the maximum number of new shares that Crutcher could issue is 78,000 shares.

First step is to calculate Issued share using this formula

Issues shares=Outstanding shares + Treasury stock shares

Let p[lug in the formula

Total authorized shares=220,000+22,000

Total authorized shares=242,000 shares

Second step is to calculate the maximum number of new shares using this formula

Maximum number of new shares =Authorized shares- Issued shares

Let plug in the formula

Maximum number of new shares=320,000-242,000

Maximum number of new shares =78,000 shares

Inconclusion the maximum number of new shares that Crutcher could issue is 78,000 shares.

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5 0

3 years ago

One characteristic of the United States Foreign Corrupt Practices Act is that it: ____________

avanturin [10]

One characteristic of the United States Foreign Corrupt Practices Act is that it clearly stipulates terminology and behavior that is illegal on the part of U.S

United States Foreign Corrupt Practices Act was set up in 1977. It helps to

serve as a guide to know the legal and illegal behavior expected of

individuals by the USA.

Example of illegal behavior by the Act includes offering bribes for favor to gain business deals, keeping to agreements etc.

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6 0

3 years ago

Suppose Billy Bud's Bucking Broncos employs 20 workers at a daily wage rate of $60 each. The average product of labor is 30 buck

nikitadnepr [17]

Answer:

a. $5.00

Explanation:

Marginal cost is the cost of each extra unit sold or produced.

Average total cost is the average cost of all the units which is sold or produced during the period.

Marginal cost can be calculate by the total cost divided by the numbers of unit.

Marginal Cost of last bucking = Daily Wage / Marginal Product of Last worker

Marginal Cost of last bucking = $60 / 12 bucking

Marginal Cost of last bucking = $5 per bucking

5 0

3 years ago

Read 2 more answers

"Under the Uniform Securities Act, if the Administrator prohibits an investment adviser from taking custody of customer funds or

Pepsi [2]

Answer:

Buy securities for a customer who has given a limited power of attorney to the adviser using monies deposited by that customer to an account established by the adviser specifically for that purpose

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5 0

3 years ago

A rich relative has bequeathed you a growing perpetuity. The first payment will occur one year from now and will be $1,000. Each

morpeh [17]

Answer:

a.

PV = $25000

b.

PV one year from today = $27000

Explanation:

a.

A perpetuity is a series of cash flows that are constant in nature, occur after equal interval of time and are for an infinite period of time. A growing perpetuity is a perpetuity that grows at a proportionate rate for an infinite period of time. The formula to calculate the present value of a growing perpetuity is,

PV = CF1 / r - g

Where,

CF1 is the cash flow in the coming period or period 1
r is the required rate of return or interest rate
g is the growth rate of perpetuity

PV = 1000 / (0.12 - 0.08)

PV = $25000

b.

After the first payment is made, the value of the growing perpetuity can be calculated using CF2. The value that will come will be the value of perpetuity 1 year from today.

PV one year from today = CF2 / (r - g)

PV one year from today = 1000 * (1+0.08) / (0.12 - 0.08)

PV one year from today = $27000

7 0

3 years ago