Answer:
$13.25
Explanation:
The computation of the new book value per share is as follows
current market price per share is
= market value ÷ number of shares outstanding
= $936,000 ÷ 60,000
= 15.6
Now
number of shares to be issued is
= cost of the machine ÷current market price per share
= $498,000 ÷ $15.60
= 31923.07692
Now
The new book value per share is
= (current book value + amount raised from the issuance of shares ) ÷ ( current number of shares + number of shares issued for machinery purchase
= ($720,000 + $498,000 ) ÷ ( 60,000 + 31923.08 )
= $13.25
Answer:
None of the option is correct.
Explanation:
Principle of comparative advantage states that a country has a comparative advantage in producing a certain goods if the opportunity cost of producing those goods is lower than the other country. A country is exporting a commodity in which it has a comparative advantage and importing a commodity in which it has a comparative disadvantage.
Answer:
%variation 2011= 10%
%variation 2012= 20%
Explanation:
Giving the following information:
Gerard Company reported sales of $300,000 for 2010; $330,000 for 2011; and $360,000 for 2012.
The percentual variation is calculated by the following formula:
%variation(2010 year base)= [(sales 1 - sales 0)/sales 0]*100
%variation 2011= [(330,000 - 300,000)/300,000]*100= 10%
%variation 2012= [(360,000 - 300,000)/300,000]*100= 20%
