1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vitfil [10]
4 years ago
15

James Company has 1,400 shares of $100 par preferred stock, which were issued at par. It also has 29,000 shares of common stock

outstanding, and its total stockholders' equity equals $615,600. The book value per common share is:
Business
1 answer:
PSYCHO15rus [73]4 years ago
4 0

Answer:

$16.4

Explanation:

Given: Preferred stock= 1400 shares of $100

           Total share outstanding= 29000

           Total shareholder´s equity= $615600.

Now, calculating the book value per shares.

Formula; Book value per shares= \frac{(Total\ equity-preferred\ equity)}{Total\ shares\ outstanding}

Preferred stock= 1400 shares \times \$ 100= \$ 140000

∴ Preferred stock= $140000.

Book value per shares= \frac{(615600-140000)}{29000} = \frac{475600}{29000}

∴ Book value per share= $16.4

You might be interested in
Which of the following is a good example of inflation? OA. You get a flat tire on your car. OB. You work three jobs in order to
artcher [175]

Answer: C.) It cost you $85 to gas up your car this month but last month it only cost you $50

Explanation:

8 0
3 years ago
Miller Mining acquired rights to a tract of land with the intent of extracting from the land a valuable mineral. The cost of the
ziro4ka [17]

Answer:

depletion expense recognize over the first year: 400,000 dollars

Explanation:

it cost 2,500,000 the right to extract 10,000 tons

To obtain therate we divide the cost over the expected tons of materials

rate per ton:  2,500,000 / 10,000 = 250 dollars

Now we calculate the depletion based on the amount extracted on the first year:

<em>first year extractions: </em>1,600 tons

depletion expense: 1,600 tons x 250 dollars = <em>400,000</em>

<em />

4 0
4 years ago
When society has a higher level of capital per person, it is called ______________. physical capital human capital capital deepe
kati45 [8]
When a society has a higher level of capital per person , it is called capital deepening .
3 0
4 years ago
Jean is a seller in vernon smith's classroom experiment of the market model. which does she know?
lesya692 [45]

Jean is a seller in Vernon smith's classroom experiment of the market model. She knows her own willingness to sell.

Not every salesperson is made the same. While others struggle to meet their quota, some surpass expectations while maximizing cross-sells, up-sells, and repeat business. The distinction between a good and a lousy salesperson typically boils down to particular personality attributes.

A good salesperson and a lousy salesperson are ultimately distinguished by their conduct. For instance, a poor salesperson will frequently impose their agenda on the prospect rather than learn about their requirements and goals in order to successfully assist them in solving their difficulties.

You must be prepared to hear your potential client out before you can expect him to pay attention to what you have to say. Giving your prospect time to speak does not imply active listening to what they have to say.

To learn more about salespeople refer to:

brainly.com/question/378584

#SPJ4

8 0
1 year ago
"Recent research on emotionality produced a mouse with a nonfunctional gene for normal fear behavior." This mouse exhibits behav
Alenkasestr [34]

THE BEHAVIORAL INDICATIONS THE MOUSE EXPRESSES IS A TYPICAL EXAMPLE OF A "KNOCK-OUT GENE" RESEARCH.

A knockout mouse, or knock-out mouse, is a genetically modified mouse (Mus musculus) in which researchers have inactivated, or "knocked out", an existing gene by replacing it or disrupting it with an artificial piece of DNA. They are important animal models for studying the role of genes which have been sequenced but whose functions have not been determined. By causing a specific gene to be inactive in the mouse, and observing any differences from normal behaviour or physiology, researchers can infer its probable function.

8 0
3 years ago
Other questions:
  • "Stimpleton Company engages in the following cash payments: Purchase equipment $ 3,900 Pay rent 500 Repay loan to the bank 4,300
    13·1 answer
  • Whose beloved commercial pitch personality retired amid a huge public relations campaign that successfully attracted media atten
    8·2 answers
  • The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash bala
    14·1 answer
  • When every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the m
    5·1 answer
  • Beck Incorporation reported a net income of $450,000 for the year. It declared and paid dividends of $50,000 to its common stock
    12·1 answer
  • Procter &amp; Gamble brands are advertised in more than 180 countries, with different ad themes in scores of different languages
    14·1 answer
  • As a result of the seizing up of the capital markets in 2008, and the shutting down of the CMBS market specifically, life insura
    8·1 answer
  • Cybill's manager wanted her to design the new ad campaign for the firm's new product. She was given all the necessary resources
    10·1 answer
  • What is 48976897617xitself
    5·2 answers
  • Which of the following governs a limited partnership, its internal affairs, and the liability its limited partners
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!