The category of inventory holding costs that has a much higher percentage than average for rapid-change industries such as tablets and smart phones is E) pilferage, scrap, and obsolescence
<h3>What is Inventory?</h3>
This refers to the record-keeping of goods in a warehouse to show the number of goods available.
Hence, we can see that based on the category where tablets and smartphones would be listed that would have a much higher percentage than average for rapid-change industries is pilferage, scrap, and obsolescence.
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Answer:
Digby's Book Value: $
Book value of existing equity 85,185,000
Book value of additional equity 4,000,000
Net income 3,000,000
Digby's total book value 92,185,000
Explanation:
The book value of Digby is the aggregate of book value of existing equity, book value of additional equity issued and net income.
Answer:
e. net worth.
Explanation:
According to my research on different financial assets held by firms, I can say that based on the information provided within the question these are all referred to as the firm's net cash. This is also known as the Common Stockholders' Equity which is formally defined as the company's share capital and retained earnings minus its treasury stock.
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Answer:
$44 per share
Explanation:
The computation of the estimated stock value on a per share basis is shown below:
Total entity value is
= Total customer × average ratio
= 11,400 customers × $500
= $5,700,000
The value to the shareholder is
= Total value of the entity - debt
= $5,700,000 - $1,300,000
= $4,400,000
Now the estimated stock value on a per share basis is
= Value to the shareholder ÷ common stock shares
= $4,400,000 ÷ 100,000 shares
= $44 per share