Answer:
$0.60
Explanation:
Calculation for the value of one right
The first step is to calculate for the cost per share.
Using this formula
Cost per share =[New share price+(New Share right*Stock price)]/ (One right +New Share right)
Let plug in the formula
Cost per share [$13 + (3 × $15.40)] / (1 + 3)
Cost per share =$13+$46.20/4
Cost per share =$59.20/4
Cost per share = $14.80
The second step is to calculate for the Value of right.
Using this formula
Value of right=New share price-Cost per share
Let plug in the formula
Value of right = $15.40 - 14.80
Value of right= $0.60
Therefore the value of one right will be $0.60
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Answer:
Explanation:
Suppose Ruston Company had the following cash flow results for 2019: Net Cash Flow from Operating Activities of $9,100,000 Net Cash Flow from Investing Activities of -$4,300,000 Net Cash Flow from Financing Activities of $3,400,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow?
Answer:
Answer is option b, i.e. purchase of natural gas by U.S. households.
Explanation:
Consumption component of U.S. GDP includes purchase of various durable goods, non-durable goods, and also various intangible services. But anything that is purchased as a means of investment rather than for personal consumption is not regarded as consumption component in GDP. Here, purchase of newly constructed houses is an asset and thus, is not included in these components. Similarly, purchase made for business purposes is also excluded from the list of consumption components.
Answer:
The product is composed of mass produced homogenous units.
Explanation:
Process costing is utilized when there is a large production of products that have similar features. In process costing the cost of each product produces is equivalent to the cost of other products. Example of products that undergo process costing include:chemicals, processed foods, textiles, paper, oil refinery, soap.
In process costing, the finished product gotten from each stage becomes the raw material of the next stage till the last stage of completion.
The production of product in process costing is continuous and the final product derived from the production process is as a result of a sequence of processes.
