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Deffense [45]
3 years ago
13

True or false: market capitalization is equal to # of shares outstanding times earnings per share.

Business
1 answer:
yan [13]3 years ago
6 0
The answer is true.
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The following stockholders' equity accounts were taken from the balance sheet of LAH Corporation as of December 31, 2019 Common
Blizzard [7]

Answer:

1) 30,000 shares issued

2) Common stock average price: 12.1 dollars

   book value: $ 22.49

3)  135,000 dividends to common stockholders

Explanation:

1) preferred stock equity $ 3,000,000 / $ 100 par value = 30,000 shares issued

2)

common stock: 400,000 issued x $10 face value : 4,000,000

additional paid-in in excess of par value:                    840,000

                                                total paid-in                4,840,000

average common stock price: $ 4,840,000/400,000 shares = 12.1

on average common stock were issued at 12.1 dollars

common stock book value:

(common stock + retained earnings - preferred stock)/outstanding shares

(4,840,000 + 4,260,000 - 105,000)/ 400,000 = 22.4875

3) if 450,000 dividends are distributed:

the compamy will first pay the preferred stocks:

30,000 x $ 100 x 7% =  210,000

dividends in arrears:     105,000

 total preferred stock   315,000

bond to common stock:

450,000 declared - 315,000 preferred stock: 135,000 for common stock

4 0
3 years ago
Omar invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 3% profit. The amount that he
photoshop1234 [79]

Answer:

Investment in fund b = $15,000

Explanation:

Let us assume  funds invested in fund b = x while the sum total of funds invested in fund a & b = Y .ie Y = $6000 + x

Fund A returned $6000 * 3/100 = $180

Fund B returned = x & 10/100 = x/10

8%y(total returns) = funds a returns + fund b returns

8%y = $180 + (x/10)

let is replace y with 6000 + x

(6000 +x) * 8% = 180 + (x/10)

480+ 8x/100 = 180 + (x/10)

480 - 180 = (x/10) - (8x/100)

300 =        (10x - 8x )/100

300 = 2x/100

300*100 = 2x

30,000 = 2x

x = 15, 000

6 0
2 years ago
Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol
8_murik_8 [283]

Explanation:

Equivalent units    

                                             Materials         Labor           Overhead  

Work in process inventory,       23,100.00        34,650.00   34,650.00  

beginning

Units started and completed  6,73,000.00    6,73,000.00  6,73,000.00  

Work in process inventory,     28,000.00     14,000.00           14,000.00  

ending

Equivalent units                   7,24,100.00      7,21,650.00     7,21,650.00  

First department cost per unit for first department    

                        Materials   Labor       Overhead        Total  

Current costs    11,94,765.00     2,88,660.00   5,05,155.00   19,88,580.00  

Equivalent units  7,24,100.00   7,21,650.00   7,21,650.00  

Cost per Equivalent unit   1.65      0.40           0.70         2.75  

The equivalent units for materials,labor and overhead are as follows:

                 Equivalent units

Materials   724,000

Labor         721,650

Overhead  721,650

In addition,the cost per unit for equivalent units are as follows:

Materials  1.65

Labor        0.40

Overhead 0.70

Total          2.75

7 0
3 years ago
Which type of account offers the highest rate of interest? A. regular checking B. money market C. regular savings D. certificate
lina2011 [118]
I would say D.
  
I hope this helps.
6 0
2 years ago
Read 2 more answers
The total value of all goods and services produced annually in the united states is called
monitta
The GROSS NATIONAL PRODUCT(GNP)
its the market value of all the products and services produced in a given year
3 0
3 years ago
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