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3 years ago

Which of the following would not be considered by a family owned business in their process of deciding to decide?

1 answer:

7 0

A family owned business will consider the budget, profit, goal of the business, status of the business, among others. Although this business might have a difficulty considering the welfare of their employees when deciding an important deal. They will have a difficulty empathizing with their employees since they are more focus on their business than their people.

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Brown Fashions Inc.'s December 31, 2018 balance sheet showed total common equity of $3,750,000 and 250,000 shares of stock outst

inessss [21]

Answer:

$16

Explanation:

Book Value of Equity = Value of complete equity/no of equity shares

Value of equity share as on 31 Dec 2019 = $3,750,000 + Net income - Dividend

= $3,750,000 + $750,000 - $500,000 = $4,000,000

Net income is a part of common equity, but dividend paid is not part of common equity as dividend paid reduces company's assets as cash or bank balance is reduced.

Provided there is no further issue of common stock and also no common stock is retired. Therefore number of shares = 250,000

Book value per share = $4,000,000/250,000 = $16

$16

5 0

4 years ago

Which chart type can be used to display summary values from two different levels of grouping in a report?

Stells [14]

Funnel chart and donut chart can be used to display summary values from two different levels of grouping in a report.
<span>There are many types of charts to show the data in the form of bars, columns, lines, shapes, or other elements. Which chart is the right one for your use, it depends on the type of data and how you want to show. The different types of charts are: Bar Charts, Column Charts, Line Charts, Pie Charts, Donut Charts, Funnel Charts, Scatter Charts.</span>

6 0

3 years ago

Unearned Rent Revenue is

Alex Ar [27]

Answer:

The correct answer is option B.

Explanation:

The unearned rent revenue will be reported as a current liability. The reason behind this is that unearned revenue is prepaid revenue or advance payments for goods or services that the firm has to provide in the future.

Unearned revenue is a liability because the goods or services are yet to be provided and there is a chance that the order might get canceled, or seller might not be able to provide to them.

5 0

3 years ago

If a municipal firm purchases a block of municipal bonds in anticipation of a price increase, the firm is engaged in

garri49 [273]

Answer:

yes

Explanation:

8 0

2 years ago

Tronnes Corporation's net income last year was $1,750,000. The dividend on common stock was $2.60 per share and the dividend on

Montano1993 [528]

Answer:

The price-earnings ratio is closest to:

B. 11.54

Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $1,750,000 - (100,000*2,5= $250,000) = $1,500,000

Then we calculte the Earning/Share Ratio : $1,500,000/300,000 = 5

Finally with the Market Price of shares, we can calculate the Price Earnings Ratio ; $57,70 / $5 = 11,54

Shares of Common stock outstanding 300.000 780.000

Shares of Preferred stock outstanding 100.000 250.000

NET INCOME Available 1.500.000

The market price 57,70

Price–Earnings Ratio 11,54

Earnings/Share Ratio 5,00

NET INCOME $ 1.750.000

4 0

4 years ago