Answer:
544696816
Explanation:
544696816 shares of common stock were outstanding after the offering on the floor of the Securities and Exchange Commission (SEC).
Of course! Employers want employees who have a great attitude great communication skills. If you don't have either, you'll have a tough time looking for a job.
Answer and Explanation:
The Journal entry is shown below:-
Depletion expense - Coal Deposit Dr, $280,000
(($900,000 - $100,000) ÷ 200,000) × 70,000
To Accumulated depletion -Coal Deposit $280,000
(Being depletion expense for the current year is recorded)
For recording the depletion expense for the current year we simply debited the Depletion expense - coal deposit as it increased the expenses and we credited the accumulated depletion -coal deposit as it reduced the value of the assets
Answer:
Interest paid in the first year = $420
Explanation:
This the an example of a loan amortization. A loan amortization is a method of loan repayment where a series of equal amount (instalment) is paid by the borrower to offset both the loan principal amount and the accrued interest over the loan period.
The interest paid in a year :
This is calculated as interest rate × loan balance at the beginning of the year
For Aunty Tilly, Interest paid in the first year will be:
= 12% × 3500
= $420
Equal Installment
The equal installment is calculaed as follows:
Equal amount = Loan Amount/ annuity factor
Annuity factor = (1 - (1 +r)^(-n))/ r
r- number of period, r- interest rate
Annuity factor = 1 - (1+0.12)^(-4)/0.12)
= 3.0373
in this question, the equal installment:
= 3500/3.0373
=$ 1152.32 (the question did not ask for this anyway)
Answer:
be in violating of the National Society of Professional Engineers (NSPE) cannon
Explanation:
The National Society of Professional Engineers (NSPE) cannon states each engineer must act for each employer or client as faithful agents or trustees.
Any engineer who violates this risk the reputation and credibility he has with his employers.
Therefore, if Joan takes on the work, she would be in violating of the National Society of Professional Engineers (NSPE) cannon. And she also risks the reputation and credibility she has with ABC Engineering.