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In-s [12.5K]
3 years ago
14

Bauer Software's current balance sheet shows total common equity of $5,125,000. The company has 490,000 shares of stock outstand

ing, and they sell at a price of $27.50 per share. By how much do the firm's market and book values per share differ?
Business
1 answer:
Alja [10]3 years ago
3 0

Answer:

$17.04

Explanation:

Book value per share of equity = $5,125,000 / 490,000 = $10.46

Market price per share =  $27.50

$27.50 - $10.46 = $17.04

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Information granularities

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It also refers to the extent of detail within the information (fine and detailed or coarse & abstract).

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3 years ago
The value of what type of money comes from what it is made of?
vladimir1956 [14]

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a.representative money

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3 years ago
I will cash app any money you need.
IgorLugansk [536]

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1 annoying customers

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5 0
3 years ago
Which data representation system utilizes both letters and numbers? binary decimal hexadecimal octal
musickatia [10]

Answer:

The correct answer is letter "C": hexadecimal.

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6 0
2 years ago
McKinney Corporation had beginning retained earnings of $2,242,000 and ending retained earnings of $2,499,000. During the year t
miv72 [106K]

Answer:

Net income for the year = $257,000

Explanation:

Retained earnings for the year= Net income - dividends paid.

Since no dividends were paid, retained earnings for the year = net income for the year. At the end of each accounting period, retained earnings are reported on the balance sheet, and the retained profits for the year are added to the beginning balance of retained earnings, to give a cumulative ending balance of  $2,499,000.

therefore retained earnings for the year = ending retained earnings balance  - beginning retained earnings balance = $2,499,000.-$2,242,000= $257,000.

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6 0
3 years ago
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