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mr Goodwill [35]
3 years ago
12

Assume common stock is the only class of stock outstanding in the Manley Corporation. Total stockholders' equity divided by the

number of common stock shares outstanding is called:________
a. fair value per share.
b. stated value per share.
c. book value per share.
d. par value per share.
Business
1 answer:
pshichka [43]3 years ago
5 0

Answer:

c. book value per share.

Explanation:

The Total stockholders' equity is reflected on the balance sheet along with the total assets and the total liabilities

The formula to compute the book value per share is

= Total stockholders' equity ÷  number of common stock shares outstanding

By dividing the total  stockholders' equity by the number of common stock shares outstanding we get the book value per share

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Cost of Goods Manufactured for a Manufacturing Company The following information is available for Ethtridge Manufacturing Compan
Sav [38]

Answer:

                Ethtridge Manufacturing Company

          Statement of Cost of Goods Manufactured

                     For the Month Ended July 31

Work in Process July 1                                                $316,400

Add: Cost of direct material used     $1,150,000

          in production  

Direct labour                                        $966,000

Total factory overhead                        <u>$490,500</u>

Total manufacturing costs incurred                           <u>$2,606,500</u>

Total manufacturing cost                                            $2,922,900

Less: Work in process July 31                                     <u>$355,500</u>

Cost of goods manufactured                                     <u>$2,567,400</u>

6 0
3 years ago
Which type of residential setting may care for one to three clients in a family-like atmosphere, including meals and social acti
Jlenok [28]

Answer:

Foster home

Explanation:

Foster home - it is referred to that type of residential setting which accommodates people that are orphaned, neglected. it is referred to as the home in which people are raised in a family atmosphere which includes meals and extra activities.

Foster home comes into play when people are forgotten by their own family members.  There can be numerous reasons behind forgotten from the abusive atmosphere within the family to the death of some near one.

4 0
3 years ago
Now that you are successful in your new position, you have decided to reward yourself with a new (or new to you) vehicle. Source
Serhud [2]

Answer:

Range is : (0, 0.1x)

Explanation:

Problem has no information about amount of salary, so I will just use 'x' and 'y'.

Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.

From this y = 0.1 X;

Next, if we want to identify range of payments: (0; 0.1X).

This means that any amount of money between 0 and 0.1X is acceptable.

5 0
3 years ago
Read 2 more answers
Lidell Inc. budgeted production of 48,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes a
mote1985 [20]

Answer:

Direct labor cost= $31,200

Explanation:

Giving the following information:

Production= 48,000 units

Standard time= 3 minutes per unit

Rate= $13 per hour

First, we need to calculate the number of hours required:

The proportion of minuted per hour= 3/60= 0.05

Number of hours= 48,000*0.05= 2,400 hours

Now, the direct labor cost:

Direct labor cost= 2,400*13= $31,200

7 0
3 years ago
On July 15, 2016, you convert 650,000 U.S. dollars to Japanese yen in the spot foreign exchange market and purchase a six-month
Mice21 [21]

Answer:

The question is not complete:

On July 15, 2016, you convert 650,000 U.S. dollars to Japanese yen in the spot foreign exchange market (¥104.91/$) and purchase a six-month forward contract ($0.0095320/¥1) to convert yen into dollars. How much will you receive in U.S. dollars at the end of six months? (Round your answer to 2 decimal places. (e.g., 32.16))

The sum of $650,001.38  would be received in six months

Explanation:

In the first place by buying the yen in the spot market on July 15 ,2016, the amount of yen is computed thus:

$650,000 was at (¥104.91/$) ,which implies that each $ was exchanged for ¥104.91

yen received =$650,000*104.91/1

                       = ¥ 68,191,500.00  

The six month forward contract outcome is as follows:

($0.0095320/¥1)

each Yen was exchanged $0.0095320

dollars received= ¥ 68,191,500.00 *0.0095320/1

                          =$650,001.38  

3 0
3 years ago
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