How do population affect the government critically

The following information pertains to Torque Corp.'s outstanding stock for 2021: Common stock, $1 par value Shares outstanding,

azamat

Answer:

135,000 shares

Explanation:

The stock split is the re-denomination of the shares where the number of shares increases without a corresponding increase in shareholders' equity.For instance assigning two shares for each share had earlier with two new shares priced at the price of previous one share,however in calculating the number of shares applicable to basic earnings stock split is treated retrospectively,as if it has always been part of the company's shares

Opening number of shares 60,000

add increase due to stock split(2*60,000)-60,000 60,000

new shares half-way through the year 30,000*6/12 15,000

Weighted average number of shares 135,000

7 0

4 years ago

Concord Corporation reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw mate

jek_recluse [69]

Answer:

Concord Corporation's cost of goods manufactured for the year is $2,490,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is given below:

= Opening Work in progress inventory + Direct material used + direct labor + manufacturing overhead - ending work in progress inventory

In the given question, the direct material used is not given, so we have to compute it. The formula is given below:

= Opening balance of raw material inventory + Purchase of raw material - ending balance of raw material inventory

= $300,000 + $930,000 - $480,000

= $750,000

And, the other values will remain the same.

So, the answer would be equal to

= $1,080,000 + $750,000 + $870,000 + $690,000 - $900,000

= $2,490,000

Hence, Concord Corporation's cost of goods manufactured for the year is $2,490,000

3 0

3 years ago

the audit working paper that reflects the major components of an amount reported in the financial statement is the

KiRa [710]

The audit working paper that reflects the major components of an amount reported in the financial statement is the Lead Schedule.

<h3>What is the Lead Schedule?</h3>

A working document known as a lead schedule lists the specific general ledger accounts that make up a line item in the financial statements.
The sum for the related line item in a client's financial statements should match the number on the lead schedule.
The general ledger (GL) accounts that are present in each financial statement line item and note disclosure are listed in a lead schedule.
Each line item or group of related line items on the financial statement would typically have its lead schedule. The final balance in the financial statements and the sum on the lead schedule should match.
The lead schedule gives a list of the contents of each line item. This is a useful starting place for your records.

To learn more about the Audit working paper refer to:

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4 0

2 years ago

What is the source of energy during the energy investment phase of glycolysis?

Leno4ka [110]

The source of energy during the energy investment phase of Glycosis are two ATP molecules.

Explanation:

During the energy investment phase of glycolysis , the energy source comes from two ATP molecules which then results in the formation of the two molecules of glyceraldehyde phosphate.

The two molecules of glyceraldehyde phosphate are then used for the second process of glycosis in which energy is emanated and not invested.

Glycosis is the process that is characterized by the breakdown of enzymes into smaller molecules and constituent elements.

8 0

4 years ago

In what way does the strategic alliance between gm and lyft allow gm to hedge against uncertainty?.

san4es73 [151]

The strategic alliance between GM and Lyft allows GM to hedge against uncertainty by giving GM access to the market of the future, increasing its market innovation.

Through this strategic alliance, GM demonstrates innovation in its processes by investing in a car rental market, as there is an expectation that in the future there will be a drastic reduction in private cars.

<h3 /><h3>What is a strategic alliance?</h3>

Corresponds to an agreement between two or more companies, where there is an independent partnership for sharing organizational resources, such as technology, market and knowledge.

Therefore, through the partnership with Lyft, GM is already entering an innovative and expanding market, developing its positioning strategy for the future.

Find out more about strategic alliance here:

brainly.com/question/13710961

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6 0

1 year ago