Answer:
Option (E) is correct.
Explanation:
EPS = $2.75
Book Value Per Share = $22.75
Shares Outstanding = 315,000
Debt Ratio = 44%
Total equity = Shares outstanding × Book Value Per Share
= 315,000 × $22.75
= $7,166,250
Total assets = Total equity ÷ (1 - Debt Ratio)
= $7,166,250 ÷ (1 - 0.44)
= $12,796,875
Total Dept = Total assets - Equity
= $12,796,875 - $7,166,250
= $5,630,625
Answer:
$90
Explanation:
Calculation for what the billable or charge back hour to this department would be
First step is to multiply overhead percentage by the employee earning per hour
125%×$40/hour
=$50
Now let calculate for the billable or charge back hour to the department
Billable or charge back hour=$50+$40/hour
Billable or charge back hour=$90
Therefore A billable or charge back hour to this department would be: $90
I believe the answer is B
Answer:
d. classified as a common fixed expense and not allocated to the product lines.
Explanation:
In the case when the income statement is segmnented by the product line so the salary of the chief executive officer (CEO) would be categorized as a common fixed expenses as it has fixed in a nature so it would not be allocated to the product lines
Therefore as per the given situation, the option D is correct
Hence, the same is to be considered
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