Answer:
The Market/book ratio is 5.67.
Explanation:
Book value per share = (common equity)/(number of shares)
= ($ 6 billion)/($ 400million
)
= $ 15 per share
Market/book ratio = (market price per share)/(book value per share
= $75/$15
= 5.00
Therefore, the Market/book ratio is 5.67.
Answer:
The correct word for the blank space is: states.
Explanation:
Italian economist Vilfredo Pareto (<em>1848-1923</em>) proposed the 80/20 rule in which he explains 80% of the effects of anything are the result of 20% of the causes of something. When applied to the sales world, it implies 80% of an individual sales come from only 20% of the individual's customers.
Answer:
See explanation section.
Explanation:
See the images to the answer.
Answer:
$30,000 unfavorable.
Explanation:
Calculation for what The direct labor efficiency variance for October was
Using this formula
Direct labor efficiency variance = (Standard hours for actual production - Actual hours) × Standard rate per hour
Let plug in the formula
Direct labor efficiency variance=(5,000 × 2 - $207,000 ÷ $18.00) × $20
Direct labor efficiency variance= (10000 - $11,500) × $20
Direct labor efficiency variance= $1,500 × $20
Direct labor efficiency variance= $30,000 unfavorable
Therefore The direct labor efficiency variance for October was $30,000 unfavorable
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Each stroller requires eight screws. For September, Beloved Baby Company will begin September with 380 screws in its beginning inventory, and budgets ending inventory to be 210. Beloved Baby Company has budgeted stroller sales of 530 strollers, while 570 strollers are scheduled to be produced
Production= 570*8= 4560
Ending inventory= 210
Beginning inventory= 380 (-)
Total= 4,390
