At point B, the velocity of the mass is approximately 1.866 m/s, and at point C, it is approximately 0.284 m/s.
The total energy of a 1.9 kg mass is 0.15 J. The mass is at rest at point A and moves along the x-axis subject to the potential energy shown in the figure.
To solve for the velocity of the mass at points B and C, we can use the principle of conservation of energy. According to this principle, the total energy of a system remains constant.
Since the mass starts from rest at point A, its initial kinetic energy is zero. Therefore, the potential energy at point A is equal to the total energy of the system:
Potential energy at point A = Total energy = 0.15 J
At points B and C, the potential energy gets converted into kinetic energy. Therefore, we can equate the potential energy at point A to the kinetic energy at points B and C.
Using the equation for potential energy and kinetic energy:
1/2 * m * v^2 = m * g * Δh
Where:
m is the mass (1.9 kg),
v is the velocity,
g is the acceleration due to gravity (9.81 m/s^2), and
Δh is the change in height.
For point B:
1/2 * (1.9 kg) * v_B^2 = (1.9 kg) * (9.81 m/s^2) * (0.4 m)
Simplifying the equation:
v_B^2 = (1.9 kg * 9.81 m/s^2 * 0.4 m) / (1.9 kg)
v_B = √(7.548 J / 1.9 kg)
v_B ≈ 1.866 m/s
The velocity of the mass at point B is approximately 1.866 m/s.
For point C:
1/2 * (1.9 kg) * v_C^2 = (1.9 kg) * (9.81 m/s^2) * (0.04 m)
Simplifying the equation:
v_C^2 = (1.9 kg * 9.81 m/s^2 * 0.04 m) / (1.9 kg)
v_C = √(0.11 J / 1.9 kg)
v_C ≈ 0.284 m/s
The velocity of the mass at point C is approximately 0.284 m/s.
Learn more about Potential energy
https://brainly.com/question/24284560
#SPJ11
which of the following represents a situation in which a school is experiencing diseconomies of scale? group of answer choices student enrollment increases by 30 percent and average total cost increases by 50 percent. student enrollment increases by 25 percent and average total cost decreases by 10 percent. student enrollment increases by 50 percent and average total cost increases by 20 percent. student enrollment increases by 30 percent and average total cost does not change.
The situation that represents a school experiencing diseconomies of scale is when student enrollment increases by 50 percent and average total cost increases by 20 percent. In this scenario, the school is facing increasing costs at a higher rate compared to the increase in student enrollment, indicating diseconomies of scale.
Diseconomies of scale refer to a situation where the costs per unit of output increase as a company or organization grows larger. In other words, as the scale of production or operation increases, the cost per unit of production or operation rises instead of decreasing, which is typically expected with economies of scale.
Diseconomies of scale can occur due to various factors. For example, as an organization expands, coordination and communication challenges may arise, leading to inefficiencies and increased costs. Larger organizations may also face issues with bureaucracy, decision-making delays, and difficulty in maintaining effective communication channels.
Additionally, diseconomies of scale can stem from the complexity of managing larger operations, increased levels of waste or duplication, and diminishing returns to factors of production. These factors can result in higher average total costs as the organization grows beyond a certain point.
learn more about cost here :
https://brainly.com/question/14566816
#SPJ11
If a firm were to ________, the firm’s cash flows would decrease. Multiple Choice -decrease the interest rate paid on its debt -decrease costs -decrease the use of leverage -increase sales due to an improved economy -incur costs associated with bankruptcy
If a firm were to decrease the interest rate paid on its debt, the firm's cash flows would increase. This is because a lower interest rate on debt means the firm would have to pay less in interest expenses, resulting in more cash available for other purposes.
On the other hand, if the firm were to decrease costs, its cash flows would also increase. By reducing expenses, the firm would have more money left over after covering its costs, which would boost its cash flow.
Similarly, if the firm were to decrease the use of leverage, its cash flows would decrease. Leverage refers to the use of borrowed funds to finance the firm's activities. By reducing the amount of debt used, the firm would have less interest expense to pay, leading to lower cash flows.
Increasing sales due to an improved economy would have the opposite effect. If the firm were to increase sales, its cash flows would increase. This is because higher sales would generate more revenue, resulting in greater cash inflows for the firm.
Lastly, if the firm were to incur costs associated with bankruptcy, its cash flows would decrease. Bankruptcy costs typically include legal fees, restructuring expenses, and potential loss of assets. These costs would deplete the firm's cash reserves, reducing its cash flows.
To know more about expenses visit:
https://brainly.com/question/29842871
#SPJ11
If a firm were to incur costs associated with bankruptcy, the firm's cash flows would decrease. When a firm declares bankruptcy, it means that it is unable to meet its financial obligations and is seeking legal protection from creditors.
In this situation, the firm's cash flows would be negatively impacted. When a firm incurs costs associated with bankruptcy, it means that it has to pay for legal fees, administrative expenses, and other costs related to the bankruptcy process. These costs can be substantial and can eat into the firm's cash reserves.
Additionally, bankruptcy can lead to a loss of confidence among investors and customers, which can further decrease the firm's cash flows. Investors may be reluctant to provide funding, and customers may be hesitant to continue doing business with the firm. Overall, incurring costs associated with bankruptcy can significantly impact a firm's cash flows, leading to a decrease in its financial stability and ability to generate revenue.
In summary, if a firm were to incur costs associated with bankruptcy, the firm's cash flows would decrease. This can happen due to the expenses related to the bankruptcy process and the loss of confidence from investors and customers.
To know more about Bankruptcy visit:
https://brainly.com/question/30628707
#SPJ11
given a project's expected cash flows, it is easy to calculate its npv, irr, mirr, payback, and discounted payback. cash flows are estimated based on information from various sources. there is uncertainty in a project's forecasted cash flows, and some projects are more uncertain and thus riskier than others. the most critical step in capital budgeting analysis is
The most critical step in capital budgeting analysis is cash flow estimation, and the key is to focus on only d. incremental cash flows.
In capital budgeting analysis, cash flow estimation is considered the most critical step because it involves determining the expected cash flows associated with a project. The focus is on incremental cash flows, which represent the changes in cash flows that are directly attributable to the project.
Relevant cash flows are considered, which are the cash flows that are affected by the decision to undertake the project. This means excluding any sunk costs (costs that have already been incurred and cannot be recovered), as they are not relevant to future cash flow considerations.
Net income and incremental accounting income may not accurately reflect the actual cash flows generated by a project, as they are based on accrual accounting principles and include non-cash items. Therefore, the focus is specifically on incremental cash flows, which represent the actual inflows and outflows of cash that will result from the project. By focusing on incremental cash flows, a more accurate assessment of the project's profitability and value can be obtained.
learn more about cash flows here:
https://brainly.com/question/27994727
#SPJ11
The complete question is:
Given a project's expected cash flows, it is easy to calculate its NPV, IRR, MIRR, payback, and discounted payback. Cash flows are estimated based on information from various sources. There is uncertainty in a project's forecasted cash flows, and some projects are more uncertain and thus riskier than others. In this chapter, we illustrate how project cash flows are estimated, discuss techniques for measuring risk, and discuss how to choose between projects that have significantly different lives, are mutually exclusive, and can be repeated.
The most critical step in capital budgeting analysis is cash flow estimation.
The key is to focus on only
a. relevant
b. net income
c. incremental accounting income or
d. incremental cash flows.
Describe and discuss the Jewish American sport
experience(s). Identify and elaborate the impact,
if any, which occurred from these experiences.
What leadership has transpired in sport from this
group's inclusion in US sport and its
organizations? Discuss in 450 words or more if needed.
The Jewish American sport experience is multifaceted and has had a significant impact on both individuals and the broader society.
The inclusion of Jewish Americans in US sport and its organizations has also led to notable leadership roles. Here's a step-by-step discussion of these points:
1. Jewish American sport experience:
- Jewish Americans have actively participated in various sports, including baseball, basketball, football, and boxing, among others.
- Jewish athletes such as Hank Greenberg, Sandy Koufax, and Mark Spitz have achieved great success and brought recognition to the Jewish American community in sports.
- Jewish American sport experiences have varied, but they often reflect the broader American experience, including challenges related to discrimination, stereotypes, and assimilation.
2. Impact of Jewish American sport experiences:
- Jewish American athletes' accomplishments have helped break down stereotypes and challenge discriminatory practices.
- Their success has inspired future generations of Jewish athletes and instilled pride in the community.
- Jewish American athletes have become role models and icons, fostering a sense of belonging and unity within the Jewish American community.
- The accomplishments of Jewish American athletes have also contributed to the overall diversity and inclusivity in US sports.
3. Leadership in sport:
- Jewish Americans have played leadership roles in various sports organizations, including team ownership, coaching, and administration.
- Examples of Jewish American leaders in sports include Walter O'Malley, who owned the Brooklyn Dodgers, and Red Auerbach, a successful basketball coach and executive.
- These leaders have contributed to the development and growth of their respective sports, demonstrating their competence, determination, and dedication.
In summary, the Jewish American sport experience has had a significant impact on individuals and society as a whole. The accomplishments of Jewish American athletes have challenged stereotypes, fostered a sense of pride and unity, and contributed to diversity in US sports. Jewish Americans have also held leadership roles within sports organizations, making valuable contributions to their respective sports. Overall, the Jewish American sport experience exemplifies the power of sport to break barriers and inspire communities.
To learn more about Jewish American
https://brainly.com/question/9990053
#SPJ11
Wildhorse Flight Academy acquired a new site for its training operations. The company was able to find a small unused airport with an updated runway and hangar that could be used to accommodate a flight simulator, small aircraft, and classrooms. The location was ideal as it was close to the city centre with a large population base from which to attract students. Wildhorse paid $6.40 million to acquire the site. Prior to providing financing for the purchase, the bank required that an appraisal be completed of the property. The evaluation appraisal report came back with the following estimated market values: land $3,496,080, building $2,559,630, and land improvements $187,290. Wildhorse management explained, to the bank's satisfaction, that it paid the $157,000 premium because of the property's proximity to the city centre and access to a large population base from which to draw students. (a1) Alocate the 56.40-million purchase price to the land, building, and land improvements,
The allocation of the $6.40 million purchase price to the land, building, and land improvements is as follows:
Land: $3,496,080
Building: $2,559,630
Land Improvements: $187,290
To allocate the purchase price of $6.40 million to the land, building, and land improvements, we need to use the estimated market values provided in the evaluation appraisal report.
1. Land: The estimated market value of the land is $3,496,080. Therefore, we allocate this amount to the land.
2. Building: The estimated market value of the building is $2,559,630. Hence, we allocate this amount to the building.
3. Land Improvements: The evaluation appraisal report states that the estimated market value of land improvements is $187,290. Therefore, we allocate this amount to land improvements.
By allocating the purchase price based on these estimated market values, we have:
Land: $3,496,080
Building: $2,559,630
Land Improvements: $187,290
It is important to note that the $157,000 premium paid by Wildhorse Flight Academy is not included in this allocation as it represents an additional cost attributed to the property's proximity to the city center and access to a large population base.
For more such questions on improvements, click on:
https://brainly.com/question/28231436
#SPJ8
1) The ER between the Swiss franc and the US dollar is one to one in the spot market. The interest rates in Switzerland and the US are .01 and .03 respectively. Swiss franc. What kind of arbitrage will induce a profit for you, if the forward rate is .96 Swiss francs equal $1? Assume you start with $1 million.
2) Expound on interest parity theory in the aforementioned context. Is the above situation sustainable?
1) To induce a profit in the given scenario, the investor could execute the following arbitrage. The investor first converts $1 million to Swiss francs, then invests it in Switzerland for one year at an interest rate of 1% (which yields CHF 10,100).
At the end of the year, the investor will receive CHF 1,010,000. The investor will then exchange the CHF 1,010,000 back into US dollars using the forward rate of .96 Swiss francs per US dollar. The investor will receive $1,052,083, which is a profit of $52,083.
Arbitrage refers to the practice of buying an asset in one market while simultaneously selling an equivalent asset in another market to benefit from a price differential. This could be done through currency trading, in which an investor simultaneously buys and sells currencies to take advantage of any exchange rate fluctuations and make a profit.
Interest parity theory is a financial theory that suggests that the difference in interest rates between two countries should be equal to the difference in exchange rates between their currencies. This theory asserts that exchange rates adjust to offset the difference in interest rates between two countries. Investors can earn profits by exploiting differences in interest rates between countries and taking advantage of any fluctuations in exchange rates.
2) Interest parity theory suggests that the difference in interest rates between two countries should be equal to the difference in exchange rates between their currencies. This theory asserts that exchange rates adjust to offset the difference in interest rates between two countries. Investors can earn profits by exploiting differences in interest rates between countries and taking advantage of any fluctuations in exchange rates.
The scenario presented in the question does not conform to the interest parity theory since the interest rate differential between Switzerland and the US is not equal to the forward rate discount or premium. The fact that a profit opportunity exists indicates that the exchange rate is not in equilibrium, which implies that the current situation is unsustainable. Therefore, interest parity theory suggests that the exchange rate will need to adjust to restore equilibrium and eliminate the profit opportunity. Hence, it is unlikely that the scenario presented in the question will be sustainable in the long run.
In summary, the given scenario presents an arbitrage opportunity that can be exploited to make a profit. However, this scenario does not conform to interest parity theory and is unsustainable in the long run. The exchange rate will need to adjust to eliminate the profit opportunity and restore equilibrium.
Learn more about arbitrage opportunity: https://brainly.com/question/32104709
#SPJ11
Using the supply and demand model, discuss what would happen to
the market price if… (2 points) · Incomes increase · Technology
improves
Using the supply and demand model, there are several factors that can affect the market price.
Let's discuss what would happen to the market price if incomes increase and technology improves.
1. If incomes increase: When the incomes of consumers increase, they generally have more purchasing power.
This can lead to an increase in the demand for goods and services.
As a result, the demand curve shifts to the right, indicating a higher quantity demanded at each price level.
- In the short run, if the supply remains unchanged, the market price will increase.
This is because the increase in demand is not matched by an immediate increase in supply, leading to a shortage in the market.
- In the long run, suppliers may respond to the increase in demand by expanding their production capabilities.
This can lead to an increase in the supply of goods and services, which helps to alleviate the shortage and stabilize the market price.
As a result, the market price may eventually return to its original level, but with a higher quantity supplied and demanded.
For example, if there is an increase in income levels in a country, people may have more money to spend on luxury goods, such as high-end electronics or vacations.
This increase in demand can drive up the market price of these goods.
2. If technology improves: Technological advancements can have a significant impact on both the supply and demand sides of the market.
- On the supply side, improvements in technology can lead to increased productivity and efficiency in production processes. This can lower the cost of production and increase the supply of goods and services.
As a result, the supply curve shifts to the right, indicating a higher quantity supplied at each price level.
- On the demand side, technological improvements can also lead to the introduction of new products or enhancements to existing products.
This can increase consumer demand for these products, leading to a shift in the demand curve to the right.
The combined effect of these shifts in supply and demand depends on the relative magnitude of the changes. If the increase in supply exceeds the increase in demand, the market price will decrease.
Conversely, if the increase in demand exceeds the increase in supply, the market price will increase.
Know more about supply and demand model here:
https://brainly.com/question/1222851
#SPJ11
Suppose Jenny is considering getting a master's degree in English. The program takes 1 year and costs $10,000. After she completes her degree, she will earn $20,000 additional to what she is currently making. After two years, she will write a best selling novel and never have to worry about money again. Assume the relevant interest rate is 10%. Should Jenny enroll in the master's program? Why? "Assume no opportunity costs of education, only direct costs.
Given that, The cost of the master's degree = $10,000Additional income after completing the degree = $20,000.
Discount rate (interest rate) = 10%Jenny plans to write a best-selling novel after two years of completing the degree. Hence, the cash flows will occur for two years. Let us calculate the present value of the cash inflows and cash outflows to determine whether Jenny should enroll in the master's program. We can use the following formula.
Present value (PV) = Cash flow / (1 + r)n Where r = Discount rate or interest rate and n = number of years In the first year, Cash outflow = -$10,000 (the cost of the degree)Cash inflow = $20,000 (additional income earned)Net cash inflow = $20,000 - $10,000 = $10,000PV of the net cash inflow = $10,000 / (1 + 10%)¹ = $9,090.91In the second year.
To know more about cost visit:
https://brainly.com/question/13910351
#SPJ11
Choose a struggling or a stagnant company (you can find online for such a company). Students should conduct a complete and through strategic planning; external analysis, internal analysis, competitor analysis and industry analysis (also other analysis if relevant) and analyze all findings that are derived from performing all the analysis. Then, finally, you as a Business Consultant will recommend actions on how to turn the company around. The recommendations must include the strategic moves the company should undertake and reasoning for recommendations given.
Conducting a complete and thorough strategic analysis involves external, internal, competitor, and industry analyses. From the findings, you can recommend strategic moves for the company, supporting your recommendations with sound reasoning.
To start, you should choose a specific company that fits this criteria, which you can find online. Once you have selected the company, follow these steps to conduct a thorough analysis:
1. External Analysis:
- Identify the company's macro-environmental factors such as political, economic, social, technological, environmental, and legal aspects.
- Analyze the industry's opportunities and threats, considering factors like market trends, customer behavior, and competitive forces.
2. Internal Analysis:
- Assess the company's strengths and weaknesses by examining its resources, capabilities, and core competencies.
- Identify any competitive advantages or disadvantages the company possesses.
3. Competitor Analysis:
- Evaluate the company's main competitors and their strategies.
- Compare their strengths, weaknesses, and market positions to the struggling company.
4. Industry Analysis:
- Understand the industry structure, dynamics, and potential future developments.
- Identify key success factors and areas of potential growth.
Based on the findings from these analyses, you can recommend strategic moves for the company to turn around. Your recommendations should address the identified weaknesses, leverage the company's strengths, and capitalize on industry opportunities. Provide clear reasoning for each recommendation, linking it back to the analysis findings. Remember to consider various strategic options, such as diversification, market penetration, product development, or cost leadership, depending on the specific context of the struggling company.
To know more about the industry, visit:
https://brainly.com/question/30539356
#SPJ11
if the maker or drawer of a nonnegotiable contract fails to pay it, the holder of the contract can sue the nonperforming party for breach of contract. True or false?
The given statement "If the maker or drawer of a non-negotiable contract fails to pay it, the holder of the contract can sue the non-performing party for breach of contract" is false.
A non-negotiable contract is a legal agreement that can't be transferred to another person by assignment or endorsement. Non-negotiable instruments can't be negotiated between different parties and are intended for use only by the original parties to the agreement.
A breach of contract happens when one party to the agreement doesn't fulfill its part of the contract. A contract breach can happen when a party doesn't perform on time, delivers a defective item, or fails to meet its obligations in some other way.When an agreement is breached, the other party can file a lawsuit to seek relief or file a complaint with the court to enforce the terms of the agreement. They can also sue to obtain damages resulting from the breach and any losses they may have sustained.So, a non-negotiable contract holder cannot sue the non-performing party for breach of contract. They have other legal options that they can pursue, but they cannot sue for breach of contract.
To know more about non-negotiable visit:
brainly.com/question/30408845
#SPJ11
calculate the hydrogen ion concentration, [h ], in 0.0293 m lioh at 65oc.
The concentration of hydrogen ion [H+] is directly proportional to the concentration of the hydroxide ion [OH-]. When the concentration of [H+] in a solution is 1 x 10^-7 M, it is referred to as the neutral pH level,
A concentration of hydroxide ions of 1 x 10^-7 M indicates a neutral pH. pH is determined using the formula pH = -log[H+]. Temperature, although it has a minor impact on pH measurements, is typically accounted for using tables.
To calculate the concentration of hydrogen ions [H+] in a 0.0293 M LiOH solution at 65°C, we can use the formula: Kw = [H+][OH-].
By rearranging the formula to solve for [H+], we get [H+] = Kw / [OH-].
Given that [OH-] is 0.0293 M LiOH and at 65°C, the Kw value is 1.1 x 10^-13, we can substitute these values into the formula.
W = [H+][OH-] = 1.1 x 10^-13
[H+] = Kw / [OH-] = (1.1 x 10^-13) / 0.0293 = 3.75 x 10^-12 M.
To know more about concentration visit:
https://brainly.com/question/13872928
#SPJ11
Nick maintains a monopoly in the holographic TV market because of its patent, but it is about to expire. The market demand and Nick’s production cost are given by: P = 100 − 0.5 and T = 100 + 0.5Q2 The market price is , (please put your answer in numerical values without any dollar sign, comma or decimal place). The market quantity is , (please put your answer in numerical values without any comma or decimal place). The monopoly profit is , (please put your answer in numerical values without any dollar sign, comma or decimal place). P=75, q=50?? 1250, 2400 1/3 are wrong (-2 points ) 2/3 points 1 points
Two firms decide to form a cartel and collude in a way that maximizes industry profits. Each firm has zero production costs and each firm is given a positive output quota by the cartel. Which of the following statements is not true? a. Each firm would want to produce more than its quota if it knew that the other would continue to produce at its quota. b. Output would be lower than if the firms behaved as Cournot firms. c. Output would be lower than if the firms behaved as competitors. d. All of the other statements are false.
The statement that is not true is option a. "Each firm would want to produce more than its quota if it knew that the other would continue to produce at its quota." In a cartel, firms collude to maximize industry profits by restricting output and coordinating production levels.
When firms form a cartel, they agree on output quotas for each member. These quotas are set to ensure that the total industry output remains lower than what would be produced under competitive conditions. The goal is to reduce competition and maintain higher prices. Each firm has an incentive to adhere to the agreed-upon quota because deviating from it could lead to retaliation from other cartel members. If a firm were to produce more than its quota while expecting the other firm to continue producing at its quota, it would gain a larger market share and potentially higher profits. However, this action would undermine the cartel agreement and lead to a breakdown of trust among members. Other firms would respond by increasing their production as well, resulting in an oversupply and driving down prices. Therefore, in a stable cartel, each firm has an incentive to stick to its assigned quota to maintain the cartel's control over the market and maximize industry profits.
In summary, the formation of a cartel aims to restrict output and coordinate production levels to maximize industry profits. Each firm has an incentive to adhere to its quota to maintain the stability of the cartel. Deviating from the assigned quota would disrupt the cartel and lead to a breakdown in collusion.
Learn more about competitive conditions here:
https://brainly.com/question/32824511
#SPJ11
E8-4 (Algo) Calculating Unknowns Based on Production, Sales, Beginning and Ending Inventory Values [LO 8-3b]
Complete the following table: (Enter all values as positive values.)
NUMBER OF UNITS
Sales
Production
Ending Inventory
Beginning Inventory
800
175
100
850
110
120
730
700
95
975
1,250
120
795
240
170
780
775
290
To complete the table and calculate the unknown values, we need to use the formula:
Ending Inventory = Beginning Inventory + Production - Sales
Let's calculate the missing values for each row:
For the first row:
Ending Inventory = Beginning Inventory + Production - Sales
Ending Inventory = 100 + 175 - 800
Ending Inventory = 475
For the second row:
Ending Inventory = Beginning Inventory + Production - Sales
Ending Inventory = 120 + 110 - 850
Ending Inventory = 380
For the third row:
Ending Inventory = Beginning Inventory + Production - Sales
Ending Inventory = 95 + 700 - 730
Ending Inventory = 65
For the fourth row:
Ending Inventory = Beginning Inventory + Production - Sales
Ending Inventory = 120 + 1,250 - 975
Ending Inventory = 395
For the fifth row:
Ending Inventory = Beginning Inventory + Production - Sales
Ending Inventory = 240 + 795 - 780
Ending Inventory = 255
For the sixth row:
Ending Inventory = Beginning Inventory + Production - Sales
Ending Inventory = 170 + 775 - 780
Ending Inventory = 165
Now, the table is complete:
NUMBER OF UNITS
Sales
Production
Ending Inventory
Beginning Inventory
800
175
100
475
850
110
120
380
730
700
95
65
975
1,250
120
395
795
240
170
255
780
775
290
165
To learn more about Beginning Inventory, visit:
https://brainly.com/question/18761234
#SPJ11
Question 4 of 19 View Policies Current Attempt in Progress During its first year of operations, Whispering Company had the following transactions pertaining to its common stock Issued 45,000 shares for cash at $5 per share Issued 19,000 shares for cash at $10 per share. Jan. 5 Aug 1 Sept. 20 Dec. 19 (a) -/20 E Issued 4,000 shares and paid $46.000 in cash to a vendor in exchange for computers. The list price of the computers totaled $89.000. Issued 38.000 shares for cash at $11 per share. Prepare the journal entries for these transactions, assuming that the common stock has a par value of $2 per share. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts) Date Account Titles and Explanation Debit Credit
Journal entries for transactions in Whispering Company is given as follows:
Date Account Titles and Explanation Debit Credit Jan 5Cash
[tex]45,000 shares × $5 par value2,25,000Common Stock[/tex]
[tex]($2 par value)45,000Aug 1Cash1,90,00019,000[/tex]
[tex]shares × $10 par value Common[/tex]
[tex]Stock ($2 par value)38,000[/tex]Sept 20 Computers List price of
[tex]$89,000 less $46,000[/tex] paid in cash43,000Cash4,000
[tex]shares × $2 par value[/tex]8,000Common Stock
[tex]($2 par value)[/tex]4,000Dec 19Cash4,18,00038,000 s[tex]hares × $11 par valueCommon Stock ($2 par value)[/tex]76,000Additional InformationThe par value of each share is [tex]$2[/tex].
The Whispering Company has sold more than 100 shares for[tex]$11[/tex] each.Journal entries are the first level of financial recording that records financial transactions. This is done in chronological order. Journal entries are stored in a journal or general ledger.
To know more about transactions visit:
https://brainly.com/question/24730931
#SPJ11
When one thinks of organizations, it would be natural to first
consider businesses. However, we are surrounded by and probably
part of many other types of organizations, including religious
groups, so
The Executive Branch is organized according to principles of division of labor, specialization, and accountability. These principles can both contribute to the successful function and dysfunction of the Executive Branch.
The Executive Branch of the federal government is organized according to a number of principles that we have learned about in our reading on organizational behavior. These principles include:
Division of labor: The Executive Branch is divided into a number of departments and agencies, each with its own specific responsibilities. This division of labor allows the Executive Branch to be more efficient and effective.
Specialization: The employees of the Executive Branch are specialized in their areas of expertise. This specialization allows the Executive Branch to have a deep pool of knowledge and expertise to draw from when making decisions.
Accountability: The President and the heads of the various departments and agencies are accountable to Congress. This accountability ensures that the Executive Branch is responsive to the needs of the American people.
These principles contribute to the successful function of the Executive Branch in a number of ways. For example, the division of labor allows the Executive Branch to be more efficient and effective. The hierarchy ensures that there is a clear chain of command and that decisions are made in a timely manner.
Overall, the principles of organizational behavior that are evident in the way the Executive Branch is organized can both contribute to its successful function and dysfunction. It is important to strike a balance between these principles in order to create an Executive Branch that is both efficient and effective.
To learn more about accountability: https://brainly.com/question/14138124
#SPJ11
(full question)
When one thinks of organizations, it would be natural to first consider businesses. However we are surrounded by and probably part of, many other organizations, including religious groups, social clubs, volunteer organizations and government. Even families can be viewed through the lens of organizational behavior. Consider the Executive Branch of the federal government. What ideas from our reading do you see evident in the way the Executive Branch is organized? How do these principles contribute to the successful function or dysfunction of this branch of government?
An appraiser collects the following information for a proposed new building assumed to be the highest and best use of the site:
Net operating income $86,000
Land capitalization rate 0.08
Building capitalization rate 0.11
Building value (based on cost) $700,000
What is the estimated value of the property?
The estimated value of the property is $1,856,818.18. To estimate the value of the property, we need to calculate the total value of the land and the building separately and then add them together.
First, let's calculate the value of the land. We can use the formula: Value of Land = Net Operating Income / Land Capitalization Rate. Plugging in the values, we get: Value of Land = $86,000 / 0.08 = $1,075,000.
Next, let's calculate the value of the building. We can use the formula: Value of Building = Net Operating Income / Building Capitalization Rate. Plugging in the values, we get: Value of Building = $86,000 / 0.11 = $781,818.18.
Now, add the value of the land and the value of the building together to get the estimated value of the property. Adding $1,075,000 (value of land) and $781,818.18 (value of building), we get $1,856,818.18.
Therefore, the estimated value of the property is $1,856,818.18.
To know more about Estimated Value visit:
https://brainly.com/question/18631062
#SPJ11
The auditors sometimes decide to allocate the amount of materiality for planning to various financial statement accounts.
a. Explain why auditors typically decide to allocate materiality for planning to individual financial statement accounts.
b. Describe why the total amount of materiality for planning allocated to individual accounts may exceed overall materiality.
Allocating materiality for planning to individual financial statement accounts allows auditors to focus their efforts on areas of higher risk and significance. The total amount of materiality allocated to individual accounts may exceed overall materiality due to the recognition that misstatements in multiple accounts can cumulatively impact the financial statements.
a. Reasons why auditors decide to allocate materiality for planning to individual financial statement accounts:
There are a few reasons why auditors decide to allocate materiality for planning to individual financial statement accounts. One reason is that it allows the auditors to focus on areas of the financial statements that are more likely to contain material misstatements. This is because different accounts have different levels of inherent risk. For example, a revenue account is generally considered to have higher inherent risk than a cash account, as there are more opportunities for errors or fraud in revenue recognition.
Another reason why auditors allocate materiality to individual accounts is to ensure that they perform a sufficient level of testing in each area. By allocating materiality to individual accounts, the auditors can determine the level of evidence that is required to support the balances in those accounts.
b. Why the total amount of materiality for planning allocated to individual accounts may exceed overall materiality:
The total amount of materiality allocated to individual accounts may exceed overall materiality for a few reasons. One reason is that the auditors may want to provide a buffer in case there are unexpected misstatements in a particular account. If the auditors allocate the full amount of materiality to each account, they may not have enough room to address these unexpected misstatements.
Another reason is that the auditors may use different levels of materiality for different accounts. For example, they may use a lower level of materiality for accounts with high inherent risk, and a higher level of materiality for accounts with low inherent risk. This approach can help ensure that the auditors perform sufficient testing in each area, while still achieving an appropriate level of overall materiality for the financial statements.
To know more about financial statement visit :
https://brainly.com/question/14951563
#SPJ11
In June, Sheridan Salon gave 2,700 haircuts, shampoos, and permanents at an average price of $45. During the month,
fixed costs were $27,000 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit, and as a ratio.
Contribution Margin in Dollars: $30,375
Contribution Margin per Unit: $11.25
Contribution Margin Ratio: 25%
To determine the contribution margin for Sheridan Salon, we need to calculate it in dollars, per unit, and as a ratio. Here's how we can do that:
First, let's calculate the total sales revenue for the month:
Total Sales Revenue = Number of Haircuts, Shampoos, and Permanents x Average Price
Total Sales Revenue = 2,700 x $45
Total Sales Revenue = $121,500
Next, let's calculate the total variable costs:
Total Variable Costs = Variable Cost Percentage x Total Sales Revenue
Total Variable Costs = 0.75 x $121,500
Total Variable Costs = $91,125
Now, we can calculate the contribution margin:
Contribution Margin in Dollars:
Contribution Margin = Total Sales Revenue - Total Variable Costs
Contribution Margin = $121,500 - $91,125
Contribution Margin = $30,375
Contribution Margin per Unit:
Contribution Margin per Unit = Contribution Margin / Number of Haircuts, Shampoos, and Permanents
Contribution Margin per Unit = $30,375 / 2,700
Contribution Margin per Unit = $11.25
Contribution Margin as a Ratio:
Contribution Margin Ratio = Contribution Margin / Total Sales Revenue
Contribution Margin Ratio = $30,375 / $121,500
Contribution Margin Ratio ≈ 0.25 or 25%
Therefore, the contribution margin for Sheridan Salon is:
Contribution Margin in Dollars: $30,375
Contribution Margin per Unit: $11.25
Contribution Margin Ratio: 25%
To know more about revenue, click here, https://brainly.com/question/29567732
#SPJ11
On 1 October 2011, Building Together Pty (Ltd) purchased an eight-wheeler truck for delivery of sand and stone. The truck was ready for use on the purchase date. The truck had a purchase price of R870 000 and a residual value of R160 000 and was expected to be used evenly over 6 years. On 28 February 2013, the business purchased and installed an additional unit to the truck that sweeps excess stone and sand off the back of the truck. The total cost of the unit (including installation) amounted to R195 000. It is expected that the new unit will be disposed of on the same date as the truck. The new unit has a residual value of R35 000. Please calculate the depreciation expense for the year ended 31 July 2014.
The depreciation for each asset is calculated based on their respective costs. The depreciation expense for the year ended 31 July 2014 is R161,666.67.
To calculate the depreciation expense for the year ended 31 July 2014, we need to consider the depreciation of both the truck and the new unit separately.
For the truck, we can use the straight-line depreciation method. The depreciation per year is calculated by subtracting the residual value from the purchase price and dividing it by the expected useful life. In this case, the purchase price of the truck is R870,000, the residual value is R160,000, and the expected useful life is 6 years. Therefore, the annual depreciation for the truck is (R870,000 - R160,000) / 6 = R135,000.
For the new unit, we also use the straight-line depreciation method. The depreciation per year is calculated by subtracting the residual value from the total cost (including installation) and dividing it by the expected useful life. The total cost of the new unit is R195,000, and the residual value is R35,000.
Since the new unit is expected to be disposed of on the same date as the truck, we assume its useful life is also 6 years. Therefore, the annual depreciation for the new unit is (R195,000 - R35,000) / 6 = R26,666.67.
To determine the total depreciation expense for the year, we sum the depreciation of the truck and the new unit: R135,000 + R26,666.67 = R161,666.67. Therefore, the depreciation expense for the year ended 31 July 2014 is R161,666.67.
Learn more about costs here: brainly.com/question/31260269
#SPJ11
Part 2: Complete the problems and show your work where possible (15 nercent each) 1) Using the graph below, answer the following questions. A) What is one production combination listed on the production possibilities curve? B) What is a production level that is currently not possible? C) If current production is at point B; then what would be gained and what would the opportunity cost if production is changed to point C ? 2) Use the following graph to answer question 2.
The relationship between a firm's marginal cost curve and its average cost curve is that the marginal cost curve intersects the average cost curve at its lowest point.
The marginal cost (MC) curve represents the additional cost incurred by producing one more unit of output. As production increases, the marginal cost curve typically slopes upward, indicating that producing additional units becomes progressively more expensive.
The average cost (AC) curve, on the other hand, represents the total cost per unit of output. The relationship between the MC and AC curves is important because it helps determine the efficiency of production. The MC curve intersects the AC curve at its minimum point, which represents the lowest average cost per unit of output.
This occurs because when the MC is below the AC, producing additional units reduces the average cost. Conversely, when the MC is above the AC, producing additional units increases the average cost. The relationship between the MC and AC curves must hold because if the MC curve were to intersect the AC curve at a point other than its minimum, it would imply that the firm could produce the same quantity of output at a lower average cost by adjusting its production levels. This would contradict the principle of cost efficiency, where firms aim to minimize costs and maximize profitability. Therefore, the MC curve intersecting the AC curve at its lowest point ensures that the firm operates at the most cost-effective level of production.
learn more about cost here:
https://brainly.com/question/14566816
#SPJ11
GPW Corporation is considering two possible investments and needs your help in determining which will be the better financial option. Perform the necessary calculations using Microsoft Excel so that m
Based on the calculations, the bond investment has a higher present value of $87,172.17 compared to the stock investment's present value of [tex]$51,140.59[/tex]. Therefore, the bond investment is a better financial option for GPW Corporation.
GPW Corporation is considering two possible investments and needs your help in determining which will be the better financial option. The two investments being considered by GPW Corporation are a bond issue that has a total face value of [tex]$100,000[/tex] and a coupon rate of 8% per annum that will mature in 5 years, and a stock investment with a total investment amount of [tex]$100,000[/tex]. The formula for the present value is PV(rate, nper, pmt, fv, type), where:
Rate: 8% per annum / 2 semi-annual periods = 4%
Nper: 5 years * 2 semi-annual periods = 10 semi-annual periods
Pmt: [tex]8% * $100,000 / 2[/tex]semi-annual periods = [tex]$4,000[/tex]
Fv:[tex]$100,000[/tex]
Type: 0
So, the present value of the bond is calculated as follows:
Present Value of Bond = PV(4%, 10, 4000, 100000, 0)
Present Value of Bond =[tex]$87,172.17[/tex]
Therefore, the present value of the bond investment is $87,172.17.
Rate: 15% per annum / 1 year = 15%
Nper: 5 years * 1 year = 5 years
Pmt: [tex]$100,000[/tex]
Fv:[tex]$0[/tex]
Type: 0
So, the present value of the stock investment is calculated as follows:
Present Value of Stock = PV(15%, 5, 100000, 0, 0)
Present Value of Stock =[tex]$51,140.59[/tex]
Therefore, the present value of the stock investment is [tex]$51,140.59.[/tex]
To know more about investment visit:
https://brainly.com/question/15105766
#SPJ11
Referring to the images below, explain how you would create a pivot table that shows the total sales amount for each Channel: Choose fields to add to report:
Drag fields between areas below:
Channel
Pivot tables are a great way to transform huge datasets into easy-to-read summaries. They provide a dynamic tool for data analysis and interpretation, and can be created in a matter of minutes.
The pivot table is created by selecting and rearranging data, which is particularly useful when large amounts of data are involved. Referring to the images below, let's see how we would create a pivot table that shows the total sales amount for each Channel:
Choose fields to add to report:
• Click on the “Insert” tab
• Click on “Pivot Table”
• A new window will appear, choose the data range (in this case, A1 to E26)
• Click on “OK”Drag fields between areas below:
• Click and drag the “Channel” field to the “Rows” section
• Click and drag the “Amount” field to the “Values” section
• Make sure the “Amount” field is set to “Sum”
• The “Amount” field can be renamed to “Total Sales”
• Click on “OK”The pivot table will display the total sales amount for each channel in a concise and easy-to-read format. This is accomplished by aggregating the data and grouping it according to the chosen fields.
To know more about datasets visit:
https://brainly.com/question/26468794
#SPJ11
When using the equity method to account for an investment, the
investor recognizes investment revenue from:
Group of answer choices
Dividends received.
Increases in market value of the investee’s st
When using the equity method to account for an investment, the investor recognizes investment revenue from increases in market value of the investee’s stock.
Using the equity method to account for an investment. The equity method is a way to account for investments in equity securities that an investor company has significant influence over. It's named after the balance sheet equity section, which is where the investment appears.
To account for an investment using the equity method, the investor company records the original investment as an asset on its balance sheet and increases or decreases the asset balance depending on the investee's performance. If the investee generates a profit, the investor records a proportionate share of the profit as revenue.
To know more about equity visit:
https://brainly.com/question/31458166
#SPJ11
In the twentieth-century Argentina has undergone tremendous
transformations - a significant industrial base has developed, the
working class has become a major political actor, and the political
syste
In the twentieth century, Argentina experienced significant transformations in its economic and political landscape. One of the key changes was the development of a substantial industrial base.
The country underwent a process of industrialization, shifting from an agrarian-based economy to one that emphasized manufacturing and urbanization. This industrialization led to the growth of factories, increased employment opportunities, and the emergence of a working class as a major political actor.
The working class in Argentina played a crucial role in shaping the country's political system. Labor unions gained strength and became influential in advocating for workers' rights and improved working conditions. They organized strikes, protests, and demonstrations to push for better wages, social protections, and political representation. The working class's mobilization and political activism had a significant impact on the country's political landscape, as their demands and struggles became central to the political discourse and decision-making processes.
Additionally, the political system in Argentina witnessed notable changes during this period. The working class and labor movements became key players in the political arena, leading to the rise of populist leaders and parties that aimed to address the concerns of the working class. Peronism, named after Juan Perón, emerged as a dominant political force, advocating for social justice, workers' rights, and a more inclusive political system. The influence of the working class in politics also led to the implementation of social policies and the establishment of labor protections.
However, it is important to note that Argentina's political and economic transformations were not without challenges. The country experienced periods of political instability, economic crises, and social conflicts. Issues such as income inequality, corruption, and struggles over the distribution of wealth persisted throughout the century, impacting the effectiveness and sustainability of the political system.
Overall, the industrialization of Argentina, the emergence of the working class as a political actor, and the shifts in the political system were interconnected processes that shaped the country's trajectory in the twentieth century. These transformations had a profound impact on Argentina's economy, society, and political landscape, influencing its development and presenting both opportunities and challenges along the way.
To learn more about Argentina, visit:
https://brainly.com/question/30514238
#SPJ11
In a tort action, a plaintiff may seek an award for:
1. present and future harm.
2. speculative future harm.
3. speculative present harm.
4. present harm only.
In a tort action, a plaintiff may seek an award for present and future harm. A tort is a civil wrong that causes harm to another person.
Tort law allows the victim (plaintiff) to seek compensation for their loss or injury caused by the actions of the other party (defendant).Tort law is based on the premise that an individual is responsible for their actions. When an individual breaches their duty of care and causes harm to another person, they are liable for the damages caused.
A plaintiff can seek compensation for both present and future harm caused by the defendant. Present harm refers to the injury or loss that has already occurred. Future harm refers to the harm that may occur in the future as a result of the injury or loss. A plaintiff may seek compensation for both types of harm in a tort action.
To know more about present visit:
https://brainly.com/question/1158528
#SPJ11
Consistent with Immanuel Wallerstein's world systems analysis, peripheral nations connecting to the Internet are required to depend on industrial giants such as North America and Europe to provide
The necessary infrastructure and technology. Wallerstein's world systems analysis is a theory that examines global economic and political relationships and how they shape the development and interactions between countries.
According to this theory, countries are classified into core, periphery, and semi-periphery regions based on their economic position within the global system. In the context of peripheral nations connecting to the Internet, Wallerstein's analysis suggests that these countries would rely on industrial giants such as North America and Europe to provide the required infrastructure and technology. This dependence on core nations is rooted in the hierarchical structure of the world system, where core nations dominate and exploit periphery nations for their resources, labor, and markets. In the case of Internet connectivity, core nations often possess advanced telecommunications networks, technological expertise, and significant investments in research and development. As a result, peripheral nations may need to rely on the infrastructure, technology, and expertise of these core nations to establish and maintain their Internet connections. This reliance on core nations can create a power imbalance and reinforce the unequal economic relationships between the core and periphery.
It is worth noting that the world has seen significant changes in the Internet landscape since Wallerstein formulated his theory. Over time, technological advancements and globalization have led to increased connectivity and the emergence of new players in the Internet industry, including countries from the periphery and semi-periphery. Therefore, while Wallerstein's analysis provides a useful framework for understanding historical dynamics, the current Internet landscape may exhibit more diversity and complexity than previously envisioned.
To learn more about, economic, click here, https://brainly.com/question/33708534
#SPJ11
Great Northern Mining Company is planning to purchase of a $600,000 excavator. The excavator is expected to produce cash flows of $298,500, $259,000, and $90,000 over the next three years. The rate of return on the excavator is:
4.68%
4.32%
4.00%
5%
5.13%
The rate of return is a financial metric used to measure the profitability or efficiency of an investment. The rate of return on the excavator is 4.32%.
To calculate the rate of return on the excavator, we need to compare the present value of the cash flows to the initial cost of the equipment.
Using the formula for present value (PV) of cash flows:
PV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3
Where CF1, CF2, and CF3 represent the cash flows in each period, and r is the rate of return.
Given the cash flows of $298,500, $259,000, and $90,000 over the next three years, and an initial cost of $600,000, we can solve for the rate of return (r) that makes the present value of the cash flows equal to the initial cost.
Using a financial calculator or spreadsheet, we find that the rate of return on the excavator is approximately 4.32%.
To know more about rate of return, click here, https://brainly.com/question/24232401
#SPJ11
From the information provided below complete the table using the FIFO method of inventory valuation: 1.5 Purchased Issues and returns Balance Date Quantity Price Amount Quantity Price Amount Quantity Price Amount The following transactions of Franco Manufacturers took place during March 2022: Date Transaction Units Price per unit 01 Opening inventory 1 600 R3.50 05 Purchased from a supplier 600 R4.00 12 Purchased from a supplier 1 300 R4.50 24 Purchased from a supplier 1 600 R5.00 16 Issued to production 1 800 ? 28 Issued to production 1 300 ?
1. Total Marginal Income if all tables are sold: R1,307,200. Net Profit/Loss cannot be determined without considering fixed costs.
2. Break-even value using marginal income ratio: R796,760.
3. New total Marginal Income with increased advertising expense: R1,556,800. Net Profit/Loss: R1,195,840.
4. Units to be sold for a net profit of R298,920: Approximately 1,056 units.
5. Sales price per unit to break even with expected sales volume of 2,400 units: Approximately R726.40.
To calculate the total Marginal Income, we subtract the total variable costs from the total sales revenue. The variable costs per table include direct material (R288), direct labor (R192), and overheads (R96). So, the total variable cost per table is R576. The total sales revenue is the selling price per table (R1,200) multiplied by the total production and sales (2,400 units), resulting in R2,880,000. Therefore, the total Marginal Income is R2,880,000 - (R576 x 2,400) = R1,307,200.
To calculate the break-even value, we need to determine the marginal income ratio. The marginal income ratio is the Marginal Income divided by the total sales revenue. Using the values from the previous calculation, the marginal income ratio is R1,307,200 / R2,880,000 = 0.453. The break-even value can be calculated by dividing the fixed costs by the marginal income ratio. The fixed costs consist of fixed manufacturing overheads (R216,960) and fixed marketing and administrative costs (R144,000), resulting in a total of R360,960. Therefore, the break-even value is R360,960 / 0.453 ≈ R796,760.
To calculate the new total Marginal Income and Net Profit/Loss with an increase in advertising expense by R100,000 expected to increase sales by 400 units, we need to calculate the additional revenue and additional variable costs. The additional revenue is the increase in sales (400 units) multiplied by the selling price per table (R1,200), resulting in R480,000. The additional variable costs are the increase in units (400 units) multiplied by the variable costs per table (R576), resulting in R230,400. Therefore, the new total Marginal Income is the previous Marginal Income (R1,307,200) plus the additional revenue (R480,000) minus the additional variable costs (R230,400), which is R1,556,800. The Net Profit/Loss can be calculated by subtracting the fixed costs (R360,960) from the Marginal Income, resulting in R1,556,800 - R360,960 = R1,195,840.
To determine the number of units that must be sold to earn a net profit of R298,920, we need to set up an equation. Let "x" be the number of units. The equation is: (Selling price per table - Variable costs per table) * x - Fixed costs = Net profit. Plugging in the values, we have (R1,200 - R576) * x - R360,960 = R298,920. Simplifying the equation, we get R624 * x = R659,880. Solving for "x," we find x ≈ 1,056 units.
Based on the expected sales volume of 2,400 units, to determine the sales price per unit that will enable the company to break even, we divide the total costs (fixed costs + variable costs for 2,400 units) by the expected sales volume of 2,400 units. The total variable costs for 2,400 units can be calculated as R576 * 2,400 = R1,382,400. Adding this to the fixed costs of R360,960, we get R1,743,360 as the total costs. Dividing this by the expected sales volume of 2,400 units, the sales price per unit required to break even is R1,743,360 / 2,400 ≈ R726.40.
Learn more about Income here: brainly.com/question/2194020
#SPJ11
if all of the firms in an industry are making negative economic profit, what does it mean for those firms?
All firms in an industry making negative economic profit indicates that they are experiencing losses and their revenue is not covering their total costs, including both explicit and implicit costs. This situation has several implications for these firms.
When firms are making negative economic profit, it means that they are not generating enough revenue to cover their production costs and earn a return on their invested capital. This can be a sign of inefficiency, intense competition, or unfavorable market conditions. The firms may be experiencing declining demand for their products or services, leading to lower sales and reduced profitability.
In such a scenario, firms may face challenges in sustaining their operations. They might have to make difficult decisions such as reducing their workforce, cutting costs, or even exiting the industry altogether. If the losses persist over the long term, some firms may be forced to shut down their operations permanently.
Negative economic profit can also signal a need for market adjustments. If all firms in the industry are experiencing losses, it suggests that the market is not able to support the current level of production and supply. This could lead to a contraction in the industry as firms either exit or reduce their output to align with the lower demand.
Overall, negative economic profit indicates financial distress for firms in an industry, requiring them to strategize and make necessary adjustments to improve their profitability or consider alternative options to sustain their business.
For more such questions on revenue, click on:
https://brainly.com/question/25102079
#SPJ8
k ces Problem 13-1A Earnings per share calculations and presentation LO1, 2, 3, 4 Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.) Sales Costs and expenses Profit from continuing operations Gain (loss) on discontinued operations Profit (loss) 2019 2020 $ 485,85 $ 706,040 $ 318,935 85,160 $ 157,994 $ 537,700 2021 $1,017,900 333,070 (112,075) Information on Common Shares for Ace Group Inc. * Shares outstanding on December 31, 2018 Purchase and retirement of shares on March 1, 2019 Sale of shares on June 1, 2019 Share dividend of 5% on August 1, 2019 Shares outstanding on December 31, 2019 Sale of shares on February 1, 2020 Purchase and retirement of shares on July 1, 2020 Shares outstanding on December 31, 2020 Sale of shares on March 1, 2021 Purchase and retirement of shares on September 1, 2021 Share split of 3:1 on October 1, 2021 Shares outstanding on December 31, 2021 I + + I + + I + 38,300 4.780 16.280 7,660 2.390 20,360 6.450 *No preferred shares have been issued. 2. Calculate the weighted-average number of common shares outstanding during the following years: (Do not round intermediate calculations. Round your answers to nearest whole number.) Weighted-average outstanding shares 2019 Profit from continuing operations Gain (Loss) from discontinued operations 2020 3. Prepare the earnings per share income statement presentation during the following years: (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) 2019 0.00 $ Prev 2021 2020 0.00 1 of 8 ‒‒‒ 2021 0.00 Next
Weighted-average outstanding shares The weighted-average outstanding shares for 2019 are 61,680 shares (37,000 shares for the first two months + 39,000 shares for the next four months + 42,000 shares for the last six months).
The weighted-average outstanding shares for 2020 are 57,735 shares (42,000 shares for the first seven months + 55,000 shares for the last five months). The weighted-average outstanding shares for 2021 are 104,985 shares (55,000 shares for the first two months + 108,000 shares for the next four months + 120,000 shares for the next five months + 180,000 shares for the last month after the share split).
Earnings per share income statement presentation 2019 Ace Group Inc. Income Statement (incomplete) Sales $ 485,850 Cost of sales 318,935 Gross profit 166,915 Operating expenses 58,925 Operating income 107,990 Gain (loss) from discontinued operations 157,994 Profit before income tax 265,984.
To know more about average visit:
https://brainly.com/question/24057012
#SPJ11
