Answer:
$8.85 per share
Explanation:
In this question, we are asked to calculate the book value per share. We can do this by using a mathematical formula.
Mathematically, Market to Book Ratio = Market Price Per Share/Book Value Per Share
According to the values given in the question, the market per book ratio is 2.4 while the market price per share is $21.25
Rearranging the formula, the book value per share = Market price per share/Market to book ratio = 21.25/2.4 = $8.85 per share
Answer:
Mel, an agent for a dress shop, orders one hundred dresses from SAG Manufacturing for the April Sale. There is no specific agreement in the sale contract indicating when title will pass to the department store. The title will pass to the department store when
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c. SAG physically delivers the dresses to the department store. IF THERE IS NO EXPLICIT AGREEMENT REGARDING WHEN TITLE PASSES, TITLE OF THE GOODS WILL PASS WHEN THE SELLER COMPLETES DELIVERY OF THE GOODS.
Frank contracts with Bumper Cars, Inc. to buy five bumper cars. The contract lists the five cars as BC001, BC002, BC003, BC004, BC005. Identification
- b. has taken place. SINCE THE GOODS HAVE ALREADY BEEN MARKED AND DESIGNATED, IDENTIFICATION HAS TAKEN PLACE.
Olga’s Clothing Store contracts to buy forty men’s suits from Louie’s Manufacturing, Inc. Unless the contract states otherwise, it is assumed to be
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c. a shipment contract. A SHIPMENT CONTRACT REFERS TO A CONTRACT WHERE THE SELLER IS AUTHORIZED TO DELIVER THE PASS THE GOODS TO THE BUYER BUT A DELIVERY POINT HAS NOT BEEN SPECIFIED, THEREFORE, TITLE PASSES AT THE POINT OF SHIPMENT.
Answer:
Accounts Receivable with a balance of $1,800
Explanation:
Transcription error is the kind of error, which has a particular kind of error of data entry, which is usually made through the human operators or through the programs of optical character recognition.
Trial balance is the account which is prepared to verify the aggregate of all accounts with the debit balance with the aggregate of total of all accounts with credit balance.
When there is error on the credit and debit balance, then the account of accounts receivable will contain the balance of the error which amounts to $1,800.
The answer is : A. Home loan
Home loan only have about 4 -5 % interest rate. Compared to other options :
- Credit Card Loan : about 15 % of interest rate
- Paycheck Loan : also about 15 % of interest rate
- Unsecured Loan : usually above 20 % interest rates