The following data is available for Metlock, Inc. at December 31, 2020: Common stock, par $10 (authorized 26000 shares) $234000 Treasury stock (at cost $15 per share) $1200 Based on the data, how many shares of common stock are outstanding?

Answers

Answer 1
Answer:

Answer:

23,400 shares

Explanation:

The total number of authorized shares is 26,000, but that doesn't mean that all these shares have been issued or are outstanding. The total number of shares issued = shares outstanding + treasury stock.

Since the shares must be recorded at par value in the common stock account, we need to divide the total value of the account by the par value of each share = $234,000 / $10 = 23,400 shares


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Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of $101,000. Over its 4-year useful life, the bus is expected to be driven 186,000 miles. Salvage value is expected to be $8,000.

Kyler's using conversion tracking tags to gain insight into how effectively his ads are converting customer transactions for his online store. But he notices that conversions aren't functioning. What can help him troubleshoot this issue?

Answers

Answer:

Google Tag Assistant

Explanation:

Google Tag Assistant, as the name implies, is a tool that assists a user to ensure or make verification of several google tags are installed in an appropriate manner. It is a Google Chrome extension that aids in carrying out troubleshooting various installed google tags such as Google Analytics, Adwords Conversion Tracking, Google Tag Manager, etc.

Hence, in this case, the correct answer to this question is Google Tag Assistant

Warner Furniture Center had accounts receivable of $ 26 comma 000 at the beginning of the year and $ 55 comma 000 at​ year-end. Revenue for the year totaled $ 118 comma 000. How much cash did the business collect from​ customers?

Answers

Answer: $89,000

Explanation: Cash collected from customers is the is the total amount of money paid by the those customers who purchased the commodity on credit previously.

Cash collected can be calculated using following formula :-

cash collection =  opening receivables + revenue - closing receivables

putting the values into above equation, we get :-

cash collection = $26,000 + $118,000 - $55,000

                           = $89,000

Of the following fuels used on a large scale in the last century to supply energy, which began to be utilized most recently?a. Coal
b. Crude oil
c. Fuelwood
d. Nuclear energy

Answers

Coal is the fuel that is being used on a large scale in the last century to supply energy, which began to be utilized most recently.
Before coal are used to run a train and steam engines. Coal are used to cook foods and there are other things.

Which careers require a person to be confident when speaking in front of audiences?A. the performing arts and broadcast journalism
B. broadcast journalism and A/V technology
C. printing technology and the visual arts
D. the performing arts and printing technology

Answers

A. the performing arts and broadcast journalism
Letter A would probably be correct since performing arts is where you perform in front of a large audience, which could include speaking, and broadcast journalism since you're being broadcasted in front of a large audience everywhere.

Tests used to rate the performance of rules developed in technical analysis conclude that technical analysisA) outperforms the overall market.
B) far outperforms the overall market, suggesting that stockbrokers provide valuable services.
C) does not outperform the overall market.
D) does not outperform the overall market, suggesting that stockbrokers do not provide services of any value

Answers

Answer:

C) does not outperform the overall market

Explanation:

Technical analysis is a method used to predict future price movements in financial markets by analyzing historical price patterns and market trends. It is based on the belief that past price behavior can provide insights into future price movements. However, numerous studies have been conducted to evaluate the effectiveness of technical analysis, and the majority of these studies have found that it does not consistently outperform the overall market. This suggests that the use of technical analysis as a standalone strategy may not provide a significant advantage in terms of generating higher returns compared to simply investing in the overall market.

Final answer:

Tests for technical analysis show it may not outperform the overall market, which isn't indicative of stockbrokers providing no value. Stockbrokers offer diverse services beyond technical analysis, such as wealth and tax management. Other forms of investment analysis like fundamental analysis can also be useful.

Explanation:

The student's question deals with the concept of technical analysis in finance and investment. Technical analysis is a method investors use to study past market data, primarily price and volume, to predict future price movements of an asset, in this case, stocks.

According to the query, performance tests suggest that technical analysis does not outperform the overall market. This implies that even with the rules developed through technical analysis, the returns may not be significantly greater than simply investing in the market as a whole, such as purchasing an index fund.

However, this does not necessarily mean that stockbrokers provide no value. Stockbrokers offer various services including advice on wealth management, tax planning, retirement planning, and more. Moreover, there are other types of investment analysis, such as fundamental analysis, which some investors might find more useful than technical analysis.

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A company produces and sells 2,500 sets of silverware each year. Each production run has a fixed cost of $200 and an additional cost of $5 per set of silverware. To store a set for a full year costs $4. What is the optimal number of production runs the company should make each year

Answers

Answer:

500 runs

Explanation:

In this question, we are asked to calculate the optimal number of production runs the company should make each year.

Please check attachment for complete solution and step by step explanation

Final answer:

The optimal number of production runs per year for a company that manufactures silverware is determined by minimizing the total cost per year, taking into account the fixed cost per run, the cost per unit, and the cost of storing a unit for a full year. This is achieved when the incremental cost of producing and storing one more set of silverware equals the incremental revenue from selling one more set. The calculation involves differentiating the total cost function with respect to the quantity produced in a single run, and solving this derivative equal to zero.

Explanation:

This question is about determining the optimal number of product runs per year for a company that makes silverware. The optimal number of product runs should minimize the total cost which includes production costs and storage costs. To find this optimal number of product runs, we need to take into consideration, the fixed cost per run, the cost per unit of silverware, and the cost of storing a set for a full year.

Let's define Q as the quantity of silverware sets produced in a single run, C as the cost per run excluding the cost per unit of silverware, V as the variable cost per unit of silverware, and S as the storage cost per set of silverware for a full year. The total cost for a year can then be expressed as:

TC = C * 2500/Q + V + S * Q

Note that the first term of the equation, C * 2500/Q, represents the fixed costs per set of silverware, and the last term, S * Q, represents the total storage cost for the units produced in a single run. Given the values for C ($200), V ($5), and S ($4), the task is to find the value of Q that minimizes TC. You can accomplish this by taking the derivative of TC with respect to Q, setting it equal to zero, and solving for Q. This is a calculus operation beyond the scope of this response, but the concept is that the optimal number of production runs per year is achieved when the incremental cost of producing and storing one more set of silverware is equal to the incremental revenue from selling one more set.

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