Answer:
The correct answer is "$8.65".
Explanation:
The given question is incomplete. Please find attachment of the complete question.
The given values are:
Total stockholders equity
= 4980000
Preferred stock
= 1000000
Number of common stock issued
= 460000
So,
The book value per share of common stock will be:
=
On putting the values, we get
=
=
= $
The United States president Donald trump
THE PRINCIPAL IS THE $3000 WHICH SAM INVESTED.
In accounting, the principal refers to the amount of money which the investor used to do a particular business over a specific period of time. The profit made during this period is called return on investment [ROI]. In the question given above, $300 is the return on investment.
In the case of borrowing, the principal refers to the total amount of money that is borrowed for a period of time. The money will have to be repaid with an interest on it.
Answer:
A. $55,125 favorable
Explanation:
The direct materials quantity variance is given by the difference between actual quantity used in production and the standard quantity valued at the standard cost.
Actual quantity used in production = 9,900 pounds
Standard quantity for actual units produced = 16,200 pounds
Standard cost per pound =$8.75.
The direct materials quantity variance is:
Since the company used a lesser quantity than the expected (standard) quantity, the balance is favorable.
Therefore, the answer is A. $55,125 favorable.