Answer:
There are six different types of soup in today's modern kitchen. These types fall into two different categories: clear soup and thick soup. Clear soups include consommé, bouillon and broth.
Explanation:
Answer:
The market value of this firm is $980,744
Explanation:
The computation of the market value is shown below:
= Current value of building + current value of building + market value of inventory + accounts receivable + cash balance - owing balance
= $1,480,000 + $507,000 + $225,000 ($450,000 × 50%) + $237,844 ($245,200 × 98%) + $10,900 - $1,480,000
= $980,744
We take the market value instead cost value, as question has asked for the market value of the firm
Answer:
4,700 shares
Explanation:
The computation of the number of shares of common stock outstanding at the end of the period is shown below
= Beginning shares + issued shares - repurchase shares + reissue shares
= 2,000 shares + 3,000 shares - 500 shares + 200 shares
= 4,700 shares
We applied the above equation to find out the number of shares outstanding at the end of the year
