Credit advanced to consumers for the purchases of goods and services
Answer:
Book value per share: 48.88
Explanation:
The book value per share is the minimun value of the company equity.
Book value per share = (Total Equity - Preferd Equity) / Total shares outstanding
Book value per share = 2,200,000 / 45,000
Book value per share = 48.88
In the numerator, we do not deduct anything from equity because there are no preferred shares. In the dividend, the outstanding shares are 45,000, because 50,000 have been issued and 5,000 are held in treasury, despite being authorized to issue 100,000 shares.
Answer: A. the company will be willing to pay a different amount for this resource.
Explanation:
The upper limit for the resource was 18 and anything up to 18 would have attracted the same shadow price (price company estimated it was willing to pay for access to this resource).
The access was increased past this limit however to 18.01. The company therefore will now have more access to the resource and so will be willing to pay a different amount for the resource.
Answer:
c. $8
Explanation:
Calculation to determine the selling price
First step is to calculate the Markup percent
Markup percent= (90,000 + 150,000) / (30,000 x 15)
Markup percent = .533
Now let calculate the selling price
Selling price=533 x $15 per unit
Selling price= $8
Therefore the Selling price will be $8
