subject
Business, 21.02.2020 03:24 rleiphart1

At December 31, 2017, Whispering Company had 510,000 shares of common stock issued and outstanding, 340,000 of which had been issued and outstanding throughout the year and 170,000 of which were issued on October 1, 2017. Net income for 2017 was $1,970,000, and dividends declared on preferred stock were $350,000.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:50
cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units
Answers: 1
question
Business, 22.06.2019 01:20
Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
Answers: 1
question
Business, 22.06.2019 05:50
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
question
Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
You know the right answer?
At December 31, 2017, Whispering Company had 510,000 shares of common stock issued and outstanding,...
Questions
question
Chemistry, 26.04.2021 21:50
question
Mathematics, 26.04.2021 21:50
question
Spanish, 26.04.2021 21:50
question
English, 26.04.2021 21:50
Questions on the website: 13722362