Answer:
30
Explanation:
The first step is to calculate the preferred stock
= 5,000×100
= 500,000
Therefore the book value per common share can be calculated as follows
= 2,000,000-500,000/50,000
= 1,500,000/50,000
= 30
Hence the book value per common share is 30
Answer: Managerial level
Explanation: In simple words, Managers refer to that individual employee in an organisation who do not perform the tasks himself but monitors and regulates other many individuals for performing the tasks.
In the given case, Todd's job includes preparing schedules, and monitoring sales and inventory etc. These task will be performed by others and will be monitored by him.
Thus, we can say that he is at the managerial level.
Answer:
C. Commissions and fees collected by Barrett-Jackson
Explanation:
Only the commissions and fees collected by Barrett-Jackson that will be included as part of the 2016 GDP. Cars sold at auctions are not counted in the GDP because second hand sales do not tend to involve production. Therefore, resold cars and products generally are not included in the GDP. The only scenario whereby used product resold are included in the GDP is if there has been value addition on the product.
The commissions and fees collected would fall under the income aspect of the GDP, hence are counted.
Answer:
The investor will sale the bond as low as : 9,064.39 to achieve their 5.5% return on investment
Explanation:
To yield 5.5% then the purchase price of 9,500 should mathc the discounted value of the coupon payment and the selling price of the bonds:

PV o the coupon payment:
C 660.00
time 3
rate 0.055
PV $1,780.6360

Sales price: 9,064.39