Answer:
a. 1,821,571
Explanation:
Repurchase of shares = 24,500 shares
Share price per share = $287,000/24,500 = $11.7143
Value of the firm = 155,500*11.7143 = $1,821,571
Answer:
Bank can safely expand its loan until it has zero excess reserves i.e. up to a maximum of $5000.
The answer is B )True
I mean it’s personal so it belongs to you so yeah
Answer:
The total amount of property, plant, and equipment that will appear on the balance sheet is $$1,950,000
Explanation:
The computation of the total amount of fixed assets are shown below:
= Land + Land (held for future use) + building + equipment + furniture - accumulated depreciation
= $100,000 + $800,000 + $800,000 + $450,000 + $100,000 - $300,000
= $1,950,000
The inventory is a current assets so it would not be included while computing the total value of the fixed assets.