Answer:
Book Value Per Share = 22.55
Explanation:
given data
equity = $118,139,000
net income next year = $3,000,000
to find out
what would their Book Value be next year
solution
we know that Book Value Per Share formula that is express as
Book Value Per Share = (Share Holder Equity+ Net Income) ÷ No of Shares ..................1
we consider here book value is $22
So no of share will be = 
No of shares = 
No of shares = 5369954.545
so from equation 1 put here value
Book Value Per Share = 
Book Value Per Share = 22.55
Answer:
$27,175
Explanation:
Year 1
Sales $62,500
Depreciation $8,000
Operating Cost $25,000
Total Expense <u>($33,000)</u>
Income Before tax $29,500
Tax 35% <u>($10,325)</u>
Net Income <u>$19,175</u>
Interest Expense is not relevant to the project, It is a financing decision which will not be part of project calculation.
As the Net income includes the deduction of non cash item of depreciation. so, it will be added back to calculate the cash flow.
Cash Flow in year 1 = Net Income + Depreciation = $19,175 + $8,000 = $27,175
Answer:
Total earnings= $581.52
Explanation:
Giving the following information:
Jane receives 16 cents for every unit produced. jane produces 3,512 pieces in a 43-hour workweek.
For overtime, Jane is paid a sum equal to one-half the regular hourly pay rate.
I will assume that Jane works evenly each hour.
<u>First, we will determine the number of units produced for an hour:</u>
<u />
Units for an hour= 3,512/43= 81.67 units
<u>Now, the total piece work and overtime:</u>
Piecework= 0.16*3,512= $561.92
Overtime= (81.67*3)*0.08= $19.6
Total earnings= $581.52
Answer:
When you transition, a brief recap of the information that has just been heard is known as an internal review.
Explanation:
Internal review is the recap of information that has just been heard in transition.
Answer: B. Nina will prefer L to M.
Explanation:
Convex utility of wealth function, u(x) is the risk-loving consumer having a a convex utility function, it's slope gets steeper as the wealth increases making the curvature of the utility function measuring the customer's attitude towards risk
Nina will prefer L to M as she has convex utility function as risk loving.