On its balance sheet, Walgreen Co. reports treasury stock at cost of $4,114 million. The company has a total of 1,100,000,000 shares issued and 950,000,000 shares outstanding. What average price did Walgreen pay for treasury shares?
a. $3.15.b. $3.29.c. $3.03.d. $38.1.

Answers

Answer 1

Answer:

$2.74

Explanation:

Calculation to determine What average price did Walgreen pay for treasury shares

Price per share =total treasury shares at cost/treasury shares.

Price per share=$4,114 million / (1,100,000,000 – 950,000,000)

Price per share=$4,114 million/

= $2.74 per share.


Related Questions

9. Bayarmaa owns land with an adjusted basis of $610,000 subject to a mortgage of $350,000. On April 1, Bayarmaa sells her land subject to the mortgage for $650,000 in cash, a note for $600,000, and property with a fair market value of $120,000. What is the amount realized

Answers

Answer:

610000-b=a

Explanation:

April 1=610000

Bayarmaa owns land with an adjusted basis of $610,000 subject to a mortgage of $350,000. The amount realized is $1,720,000. The correct option is b.

What are taxes?

Taxes are necessary contributions levied by a government entity, whether local, regional, or national, on individuals or corporations. Taxation funds government activities such as public works and services such as roads and schools, as well as programs such as Social Security and Medicare.

The amount realized by Alice is equal to the assumed property tax

Cash = $650,000

Note = $600,000

Property for market value = $120,000

Mortgage debt =  $350,000

Prorated property tax = 9000 x 31 + 28 + 31 / 365 days = 2,219

Adding all the money = 1722, 219

Therefore, the correct option is b. $1,720,000.

To learn more about taxes, refer to the link:

https://brainly.com/question/14019292

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The question is incomplete. Your most probably complete question is given below:

a. $1,370,000

b. $1,720,000

c. $1,820,000

d. $1,250,000

Which of the following is a component of the talent acquisition function of HR management?
Group of answer choices

Recruiting

Training

Career planning

Orientation

Answers

Answer:

Recruiting

Explanation:

Recruitment is the process of hiring individuals in an organization to accomplish the tasks assigned. It is the process carried by the Human Resource Management in an organization. The HR management is responsible to organize and manage the human talents and recruit them respectively. The talent are recognized by the team and are hired to meet the goals of the organization.

Layton Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 3.8 percent. What is the dollar price of the bond

Answers

Answer:

Bond Price​= $2,162.94

Explanation:

Giving the following information:

Par value= $2,000

YTM= 0.038/2= 0.019

Coupon= (0.046/2)*2,000= $46

Years to maturity= 13*2= 26

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 46*{[1 - (1.019^-26)] / 0.019} + [2,000 / (1.019^26)]

Bond Price​= 936.91 + 1,226.03

Bond Price​= $2,162.94

Setting a passing score for whites at 80 out of 100 and a passing score of 60 out of 100 for minority applicants in an admission test is an example of race norming.
A. True
B. False

Answers

Answer: True

Explanation:

Race norming simply refers to the practice whereby two different cut off test scores are set for employment which is based on race. Race-norming, is also referred to as the within-group score conversion and it has to do with the adjustment of test scores in order to account for the ethnicity of the test-taker.

Since a passing score for whites was set at 80 out of 100 while a passing score of 60 out of 100 was set for the minority applicants, then it's an example of race norming.

Ehler Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During the last part of 2017, Ehler had the following transactions related to notes payable.
Sept. 1
Issued a $12,000 note to Pippen to purchase inventory. The 3-month note payable bears interest of 6% and is due December 1. (Ehler uses a perpetual inventory system.)
Sept.
30 Recorded accrued interest for the Pippen note.
Oct.
1 Issued a $16,500, 8%, 4-month note to Prime Bank to finance the purchase of a new climbing wall for advanced climbers. The note is due February 1.
Oct.
31 Recorded accrued interest for the Pippen note and the Prime Bank note.
Nov.
1 Issued a $26,000 note and paid $8,000 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. This note bears interest of 6% and matures in 12 months.
Nov.
30 Recorded accrued interest for the Pippen note, the Prime Bank note, and the vehicle note.
Dec.
1 Paid principal and interest on the Pippen note.
Dec.
31 Recorded accrued interest for the Prime Bank note and the vehicle note.
Instructions
(a) Prepare journal entries for the transactions noted above.
(b) Post the above entries to the Notes Payable, Interest Payable, and Interest Expense accounts. (Use T-accounts.)
Interest Payable $590
(c) Show the balance sheet presentation of notes payable and interest payable at December 31.
(d) How much interest expense relating to notes payable did Ehler incur during the year?

Answers

Answer:

Ehler Corporation

a) Journal Entries:

Sept. 1  Debit Inventory $12,000

Credit 6%, 3-month Notes Payable (Pippen) $12,000)

To record issuance of note to purchase inventory.

Sept.  30 Debit Interest expense $60

Credit Interest Payable $60

To accrue interest expense ($12,000 * 6% * 1/12).

Oct.  1 Debit Climbing Wall $16,500

Credit 8%, 4-month Note Payable (Prime Bank) $16,500

To record issuance of note payable to purchase climbing wall.

Oct.  31 Debit Interest expense $170

Credit Interest payable $170

To accrue interest expense ($60 + $16,500 * 8% * 1/12).

Nov.  1 Debit Vehicle $26,000

Credit Cash $8,000

Credit 6%, 12-month Note Payable $18,000

To record the purchase of a new vehicle for climbers.

Nov.  30 Debit Interest expense $260

Credit Interest payable $260

To accrue interest expense ($170 + $18,000 * 6% * 1/12).

Dec.  1 Debit 6% Notes Payable (Pippen) $12,000)

Debit Interest payable $180

Credit Cash $12,180

To record the payment of principal and interests.

Dec.  31 Debit Interest expense $200

Credit Interest payable $200

To accrue interest expense ($110 + $90)

b) T-accounts:

Notes Payable

Date      Account Titles            Debit      Credit

Sept. 1    Inventory                                 $12,000

Oct.  1    Climbing Wall                             16,500

Nov.  1    Vehicle                                      18,000

Dec.  1    Cash                       $12,000

Dec. 31  Balance                   34,500

Interest Payable

Date       Account Titles            Debit      Credit

Sept.  30 Interest expense                          $60

Oct.  31    Interest expense                           170

Nov.  30  Interest expense                          260

Dec.  1     Cash                            $180

Dec.  31   Interest expense                         200

Dec. 31   Balance                       $510

Interest Expense

Date       Account Titles            Debit      Credit

Sept.  30 Interest payable           $60

Oct.  31    Interest payable            170

Nov.  30  Interest payable           260

Dec.  31   Interest payable           200

Dec. 31   Income summary                     $690

c) Balance Sheet:

Current liabilities:

Interest payable          $510

Notes payable       $34,500

d) Total interest expense = $690

Explanation:

a) Data and Analysis:

Sept. 1  Inventory $12,000 6% Notes Payable (Pippen) $12,000) to purchase inventory. The 3-month note payable

Sept.  30 Interest expense $60 Interest payable $60 ($12,000 * 6% * 1/12)

Oct.  1 Climbing Wall $16,500 8%, 4-month Note Payable (Prime Bank) $16,500

Oct.  31 Interest expense $170 Interest payable $170 ($60 + $16,500 * 8% * 1/12)

Nov.  1 Vehicle $26,000 Cash $8,000 6%, 12-month Note Payable $18,000

Nov.  30 Interest expense $260 Interest payable $260 ($170 + $18,000 * 6% * 1/12)

Dec.  1 6% Notes Payable (Pippen) $12,000) Interest payable $180 Cash $12,180

Dec.  31 Interest expense $200 Interest payable $200

When equipment is sold for cash, the amount received is reflected as a cash :_________ a) inflow in the operating section. b) inflow in the financing section. c) inflow in the investing section. d) outflow in the operating section.

Answers

Answer: c. inflow in the investing section

Explanation:

The cash flow statement is prepared in order to determine the ending cash balance which is done by considering the cash that's generated from various activities of the business.

Equipment is regarded as a long term asset, and therefore when it's sold for cash, it's being regarded as an indicator for investing activities section.

Hamell Company has gathered the following data on a proposed investment project: Discount rate 8% Life of the project 8 years Initial investment $330,000 Annual cash inflows 54,450 Salvage value 0 Assume that excess of incremental revenues over the incremental expenses (including depreciation) equal the annual cash inflows. The simple rate of return on the proposed investment is closest to: (Round your answer to 1 decimal place.)

Answers

Answer: 16.5%

Explanation:

Following the information given in the question, the simple rate of return on the proposed investment will be calculated thus:

= Annual cash flow / Initial investment

= $54,450 / $330,000

= 0.165

= 16.5%

Therefore, the simple rate of return on the proposed investment is 16.5%.

On November 1, 20Y9, Lexi Martin established an interior decorating business, Heritage Designs. During the month, Lexi completed the following transactions related to the business:
Nov. Lexi transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $27,100.
1Paid rent for period of November 1 to end of month, $3,300.
6Purchased office equipment on account, $12,840.
8Purchased a truck for $30,500 paying $7,000 cash and giving a note payable for the remainder.
10Purchased supplies for cash, $1,740.
12Received cash for job completed, $7,500.
15Paid annual premiums on property and casualty insurance, $2,300.
23Recorded jobs completed on account and sent invoices to customers, $12,410.
24Received an invoice for truck expenses, to be paid in November, $1,400.
Enter the following transactions on Page 2 of the two-column journal:Nov. 29 Paid utilities expense, $4,500. 29 Paid miscellaneous expenses, $1,000. 30 Received cash from customers on account, $9,000. 30 Paid wages of employees, $6,800. 30 Paid creditor a portion of the amount owed for equipment purchased on November 6, $3,000. 30 Paid dividends, $2,500. how it do Journal

Answers

Answer:

looks good no mistakes and uh b if this is a question

Brenda, the sales manager of a firm, wants to generate a particular report containing sales analyses of the second and third quarter of the year. She should use a ________ to retrieve the information that she wants from the database. Group of answer choices

Answers

Answer: query

Explanation:

Since Brenda wants to generate a particular report containing sales analyses of the second and third quarter of the year, then she should use a query to get the information.

The query refers to a request that can be used to get data or information from the database table. The data gotten can be in form of graphs, pictorials or complex results, such as trend analyses etc

i.What is a back yard garden?


ii.State three benefits that can be derived from a backyard garden.​

Answers

you can save money
fresh produce
boost of vitamin D

Answer:

a back yard garden is a graden located in residential property

ii) lessen the amount of groceries bought thus less money spentfreshly grown vegetables and fruits are consumed moreyou get to decide what pesticides and fertilizers you want to use

The MD Fund has an expected return of 16% and a standard deviation of 20%. The risk-free rate is 4%. What is the reward-to-volatility (Sharpe) ratio for the MD Fund

Answers

Answer: 60% or 0.60

Explanation:

Sharpe ratio shows the risk adjusted return of an asset and then compares it to a risk-free asset to see if its returns are higher after it has been adjusted for risk.

Formula is:

= (Expected return - Risk free rate) / Standard deviation

= (16% - 4%) / 20%

= 12% / 20%

= 60% or 0.60

The focus on establishing relationships with all customers has given way to a more targeted effort to seek higher-value customers.
A. True
B. False

Answers

it’s true the more comfortable you make the customer feel the better they feel coming to the place you are

Cray Company started year 2 with $60,000 in its cash and common stock accounts. During year 2 Cray paid $45,000 cash for employee compensation. Assume this is the only transaction that occurred in year 2. Required Determine the total amount of assets at the end of year 2, assuming Cray is a manufacturing company and the employees were paid to make products. Determine the amount of expense recognized on the year 2 income statement, assuming Cray is a manufacturing company and the employees were paid to make products. Determine the total amount of assets at the end of year 2, assuming Cray is a service company. Determine the amount of expense recognized on the year 2 income statement, assuming Cray is a service company.

Answers

Answer:

Hi BubbleTeaLover!

Here you go:

Manufacturing:

Total Assets: $60,000

Total Expenses: $0

Service:

Total Assets: $15,000

Total Expenses: $45,000

Sardi Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 17,000 of the components each year. The unit product cost of the component according to the company's cost accounting system is given as follows:
Direct materials $ 8.20
Direct labor 8.30
Variable manufacturing overhead 1.20
Fixed manufacturing overhead 4.30
Unit product cost $ 22.00
Assume that direct labor is a variable cost. Of the fixed manufacturing overhead, 70% is avoidable if the component were bought from the outside supplier. In addition, making the component uses 2 minutes on the machine that is the company's current constraint. If the component were bought, time would be freed up for use on another product that requires 4 minutes on this machine and that has a contribution margin of $7.00 per unit. When deciding whether to make or buy the component, what cost of making the component should be compared to the price of buying the component?
A) $20.71 per unit.
B) $22.00 per unit.
C) $25.50 per unit.
D) $24.21 per unit.

Answers

B.) $22.00 per unit you will be adding nd dividing

King, CPA, is auditing the financial statements of Cycle company, a client that has receivables from customers arising from the sale of goods in the normal course of business. King is aware that the confirmation of accounts receivable is a generally accepted auditing procedure.

Required:
a. Under what circumstances could King justify omitting the confirmation of Cycle’s accounts receivable? In designing confirmation request, what factors are likely to affect King’s assessment of the reliability of confirmations that King sends?
b. What alternative procedures could King consider performing when replies to positive confirmation requests are not received?

Answers

Answer:

King, CPA

Auditing the financial statements of Cycle Company

a-1 Circumstances under which the omission of the confirmation of accounts receivable may be justified by King:

1. Accounts receivable are immaterial because of their values.

2. Low risk concerning accounts receivable.

3. Reliance can be placed on analytics and substantive tests to detect misstatements.

4. Using confirmations may be ineffective.

a-2) Factors that are likely to affect King's assessment of the reliability of confirmations:

1. The assessed skills of the recipients to confirm their balances.

2. The existence of verifiable customer records.

3. Proper documentations of transactions.

b. The alternative procedures that King could consider performing when replies to positive confirmation requests are not received are:

1. The auditor can conduct substantive tests, with tests of detailed transactions and analytical procedures.

2. Examination of cash receipts, sales orders, invoices, shipping documents, and correspondence files.

Explanation:

Where accounts receivable balances are material, the auditor is required to send out requests to customers to confirm their balances.  The confirmation may be in the form of a negative, positive, or blank confirmation, depending on the prevailing circumstances and the assessed risks.

Molly, a Customer Service Representative for an insurance company, was rude to one of her customers. The customer immediately contacted Molly's supervisor and lodged a complaint against Molly. Molly's supervisor then reprimanded her and recorded the incident in her file. Molly has made a conscious effort ever since not to repeat the same mistake. Which of the following instructional strategies is illustrated in this scenario?

a. Reinforcement
b. Passive learning
c. Behavioral modeling
d. Overlearning

Answers

Answer: a. Reinforcement

Explanation:

Reinforcement is a method of correcting behavior by either positive methods or negative. Positive methods involve using a reward and negative involves using punishment.

This falls under negative reinforcement as it is a punishment. Molly was punished by her supervisor by her being reprimanded and the incident being put on her file. It led to her being more conscious of the event in future which meant that the reinforcement corrected her behavior.

During a team meeting, a team member asks about the measurements that will be used on the project to assess performance. The team member feels that some of the measures related to the activities assigned to him are not valid measurements. The project is BEST considered to be in what part of the project management process?

Answers

Answer:

The answer is "Executing".

Explanation:

In this inquiry, it is stated that certain of the measurements used to evaluate a team member's efforts are deemed invalid. As a result, he'll have to work during the project's executing phase, when project deliverables are created and project participants execute the majority of the labor. During this team meeting, one of the members inquires about the project's performance measurements, that's why Executing is the correct choice.

How are changes in U.S. demographics affecting the workplace relative to demographic changes in our traditional competitors

Answers

Answer:

The changes in demographics are affecting the workplaces in both positive and negative manner. With continuous immigration of workforce from Asian countries and neighbor countries like Mexico, America is facing some serious crises of jobs shortage.

On the other hand, due to such import of human resource companies are able to get best talent inn hand to operate their activities.

Fern, Inc., Ivy, Inc., and Jeremy formed a general partnership. Fern owns a 50% interest, and Ivy and Jeremy both own 25% interests. Fern, Inc. files its tax return on an October 31 year-end; Ivy, Inc., files with a May 31 year-end, and Jeremy is a calendar year taxpayer. Which of the following statements is true regarding the taxable year the partnership can choose?
A) The partnership must choose the calendar year because it has no principal partners.
B) The partnership must choose an October year-end because Fern, Inc., is a principal partner.
C) The partnership can request permission from the IRS to use a January 31 fiscal year under § 444.
D) The partnership must use the "least aggregate deferral" method to determine its "required" taxable year.
E) None of the above items are true.

Answers

Answer: D) The partnership must use the "least aggregate deferral" method to determine its "required" taxable year.

Explanation:

The Least Aggregate Deferral rule is used when neither of the partners can enforce their taxable year on the others because there is no dominant partner as is the case here because no shareholder has more than 50% ownership and the tax years of the partners are not aligned.

The partnership will have to use the "Least Aggregate Deferral" method when the above happens which is based on the percentage of profits for each partner.

Part A. Identify the following users of accounting information as either an internal (I) or an external (E) user.
______ 1. Shareholders
______ 2. Creditors
______ 3. Nonexecutive employee
______ 4. Research and development director
______ 5. Purchasing manager
______ 6. Human resources director
______ 7. Production supervisors
______ 8. Distribution managers
Part B. Identify the following questions as most likely to be asked by an internal (I) or an external (E) user of accounting information.
______ 1. What are the costs of our service to customers?
______ 2. Should we make a five-year loan to that business?
______ 3. Should we spend further research on our product?
______ 4. Do income levels justify the current stock price?
______ 5. What are reasonable payroll benefits and wages?
______ 6. Which firm reports the highest sales and income?
______ 7. What are the costs of our productâs ingredients?

Answers

Answer:

Part A

1. Shareholders

Identification: External user

2. Creditors

Identification: External user

3. Non-executive employee

Identification: External user

4. Research and development director

Identification: Internal user

5. Purchasing manager

Identification: Internal user

6. Human resources director

Identification: Internal user

7. Production supervisors

Identification: Internal user

8. Distribution managers

Identification: Internal user

Part B

1. What are the costs of our service to customers?

Identification: Internal user

2. Should we make a five-year loan to that business?

Identification: External user

3. Should we spend further research on our product?

Identification: Internal user

4. Do income levels justify the current stock price?

Identification: External user

5. What are reasonable payroll benefits and wages?

Identification: Internal user

6. Which firm reports the highest sales and income?

Identification: External user

7. What are the costs of our productâs ingredients?

Identification: Internal user

A company makes a payment of $4,680 towards one-year insurance premium on March 1. Calculate the amount of prepaid insurance that should be reported on the August 31 balance sheet with respect to this policy.

Answers

Answer: $2,340

Explanation:

The total annual insurance is $4,680. This is prepaid insurance however and will need to be apportioned to months within the year in order to be recognized as an expense as the months go by.

The monthly insurance will be:

= 4,680 / 12 months

= $390

From March 1 to August 31 is 6 months. Total insurance recognized will be:

= 390 * 6

= $2,340

will lie above the marginal product curve for the firm with less capital. must equal the marginal product curve for the firm with less capital. will lie below the total marginal curve for the firm with less capital. will show no diminishing marginal returns.

Answers

Answer:

busineess would have to chnage that

What percentage of income is spent on lottery tickets by Instructions: Enter your responses rounded to two decimal places. a. A low-income family with an income of $20,000 per year

Answers

Answer:

a. The percentage of income spent on lottery tickets by a low-income family with an income of $20,000 per year is 5.50%.

b. The percentage of income spent on lottery tickets by a middle-income family with an income of $60,000 per year is 0.50%.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

Explanation of the answers is now provided as follows:

a. What percentage of income is spent on lottery tickets by a low-income family with an income of $20,000 per year.

From the attached question, we have:

Amount spent by households with less than $25,000 of income a year on lottery tickets = $1,100

Therefore, we have:

Percentage spent by family with $20,000 income per year on lottery tickets = (Amount spent by households with less than $25,000 of income a year on lottery tickets / $20,000) = ($1,100 / $20,000) * 100 = 5.50%

Therefore, the percentage of income spent on lottery tickets by a low-income family with an income of $20,000 per year is 5.50%.

b. What percentage of income is spent on lottery tickets by a middle-income family with an income of $60,000 per year.

From the attached question, we have:

Amount spent by households with more than $50,000 of income a year on lottery tickets = $300

Therefore, we have:

Percentage spent by family with $60,000 income per year on lottery tickets = (Amount spent by households with more than $50,000 of income a year on lottery tickets / $60,000) * 100 = ($300 / $60,000) * 100 = 0.50%

Therefore, the percentage of income spent on lottery tickets by a middle-income family with an income of $60,000 per year is 0.50%.

During normal economic times, unemployment in Europe tends to be ________ than in the United States mainly because of ________.

Answers

Answer:

higher; labor market regulations

Explanation:

I hope this helps you!

You are evaluating a growing perpetuity investment from a large financial services firm. The investment promises an initial payment of $2,176 at the end of this year and subsequent payments that will grow at a rate of 3.4 percent annually. If you use a 9 percent discount rate for investments like this, what is the present value of this growing perpetuity?

Answers

Answer:

the present value of this growing perpetuity is $83,692.31

Explanation:

The computation of the present value of this growing perpetuity is shown below:

present value of this growing perpetuity is

= Payment at end of this year ÷ (Discount rate - Growth rate)

= $2,176 ÷ (0.09-0.034)

= $83,692.31

Hence, the present value of this growing perpetuity is $83,692.31

Song, Inc., uses the high-low method to analyze cost behavior. The company observed that at 22,000 machine hours of activity, total maintenance costs averaged $33.40 per hour. When activity jumped to 25,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $30.40.On the basis of this information, the variable cost per machine hour was:___________A. $8.40.B. $22.00.C. $25.00.D. $30.40.E. $33.40.

Answers

Answer:

Variable cost per unit= $8.4

Explanation:

First, we need to calculate the total cost for each level of machine hours:

Low activity level:

Total cost= 22,000*33.4= $734,800

High activity level:

Total cost= 25,000*30.4= $760,000

Now, we can determine the variable and fixed costs:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (760,000 - 734,800) / (25,000 - 22,000)

Variable cost per unit= $8.4

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 760,000 - (8.4*25,000)

Fixed costs= $550,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 734,800 - (8.4*22,000)

Fixed costs= $550,000

Most investors have an expected outcome associated with an investment, and risk refers to the potential for receiving an outcome or return that is greater or less than his or her expected return. It is not surprising that investors _____________ receiving investment returns that exceed their expected return, but they tend to respond differently if the investment can generate a lower return. This potential for ______________ outcome is the risk on which most investors focus.

Answers

Answer:

dont mind

negative or downside

Explanation:

In the case when the investors mostly have a predicted outcome that attached with an investment also the risk means the potential that collect an return that could be more or less as compared to the expected return. So here the investor should dont mind with the investment that they received also it is more than the expected return but at the same time they will response differently when the investment have a less return. This could be negative or downside result based on the risk where mostly investor focused

Warren Enterprises expects 20,000 unit sales, has ordering costs of $20 per order, carrying costs of $1.00 per unit, and desires to keep 100 units in safety stock. Assuming level production, what should be their average inventory? a. 200-300 b. 301-400 c. 401-500 d. 501-600

Answers

Answer:

Option d (501-600) is the correct answer.

Explanation:

Given:

Unit sales,

= 20,000

Ordering costs,

= $20

Carrying costs,

= $1

Safety stocks,

= 100

Now,

The EOQ will be:

= [tex]\sqrt{\frac{2\times Unit \ sales\times Ordering costs}{Carrying \ costs} }[/tex]

By putting the values, we get

= [tex]\sqrt{\frac{2\times 20000\times 20}{1} }[/tex]

= [tex]\sqrt{800000}[/tex]

= [tex]894.43 \ units[/tex]

hence,

The average inventory will be:

= [tex][Safety \ stock +(\frac{EOQ}{2} )][/tex]

= [tex][100+(\frac{894.43}{2} )][/tex]

= [tex][100+447.21][/tex]

= [tex]547.21[/tex] (lies between 501-600)

Thus the above is the correct response.

Samson Company reported total manufacturing costs of $320000, manufacturing overhead totaling $52000, and direct materials totaling $64000. How much is direct labor cost

Answers

Answer:

Direct labor cost is like $184000

Explanation is not my nation

The Greenbriar is an all-equity firm with a total market value of $539,000 and 21,300 shares of stock outstanding. Management is considering issuing $137,000 of debt at an interest rate of 10 percent and using the proceeds on a stock repurchase. Ignore taxes. How many shares will the firm repurchase if it issues the debt securities

Answers

Answer:

5,413 shares

Explanation:

The computation of the no of shares repurchased is given below;

Market Price per Share

= Existing market Value of Firm ÷ Number of Shares Outstanding

= $539,000 ÷ 21,300 Shares

= $25.31 per share  

Now

Total number of shares that can be redeemed

= Total Debt Issued ÷ Market Price per share

= $137,000 ÷ $25.31 per Share

= 5,413 shares

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