1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
JulsSmile [24]
3 years ago
8

Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000. 11) The firm has 55,000 shares of stock

outstanding that sell for $11 a share. What is amount of market value added?
A) $474,000
B) $389,000
C) $1,073,000
D) $123,712
Business
1 answer:
vovikov84 [41]3 years ago
6 0

Answer:

A) $474,000

Explanation:

Since Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000, it means that equity should be $131,000.

The current price of Balsco's stock is $11 per share and total shares outstanding are 55,000, which results in a total market value of $605,000. If you subtract total equity from the total market value = $605,000 - $131,000 = $474,000

You might be interested in
Target Corporation prepares its financial statements according to U.S. GAAP. Target’s financial statements and disclosure notes
Mandarinka [93]

Answer:

1. What amounts did Target report for the following items for the year ended January 30, 2016?

b) Income from current operations

$2,669 million

c) Net income or net loss

$2,737 million

d) Total assets

$37,431 million

e) Total equity

$10,953

2) What was Target’s basic earnings per share for the year ended January 30, 2016?

$4.74 per share

Why do you think Target has chosen to have its fiscal year end on January 30, as opposed to December 31?

I guess that Christmas Holiday season is very important for them and a large percentage of their revenue is generated during November and December. It reports at the end of January to have time to consolidate its financial statements.

3) Regarding Target’s audit report:

Who is Target’s auditor?

Ernst & Young  

Did Target receive a "clean" (unmodified) audit opinion?

yes, it did

7 0
3 years ago
Suppose society consists of four individuals: Andy, Bill, Carl, and David. Andy has $20,000 of income, Bill has $40,000 of incom
aliya0001 [1]

Answer:

Taking $1 from Carl and giving it to Andy would increase society's total utility.

Explanation:

Since Andy's income is less than other three people when a $1 taken from Carl would increase Andy's utility more than the loss in utility of Carl. Thats why total utility would increase.

4 0
3 years ago
Becoming a manager meams
Lesechka [4]

Answer:

The statement is: True.

Explanation:

Being a manager implies handling groups of people with diverse cultures, experiences, and personalities. To perform a proficient work, executives should have a well-defined method of working but be able to adapt it according to their subordinates and the situation the firm is facing. In some cases, their ego will have to be left behind to reach the company's goals.

5 0
3 years ago
According to expectancy theory, the three primary elements that determine how willing an employee is to work hard at tasks impor
ollegr [7]
The three primary elements are INSTRUMENTALITY, VALENCE AND EXPECTANCY.
The expectancy theory of motivation states that, an individual is will behave in a certain manner as a result of the way in which he has been conditioned to select a specific behavior over other forms of behavior. This implies that workers are usually motivated by the reward they get for the work they performed.<span />
4 0
3 years ago
Why do we have to have an internet connection to use this app
Sergeeva-Olga [200]
Basically Brainly is an academic version of Facebook. It allows for the real-time communication of people who either need help or are helping.
8 0
3 years ago
Other questions:
  • The management at torque autos inc. and redwing automobiles inc. realized that by combining the two entities the stakeholders of
    12·1 answer
  • Which of the following would be an advantage of leasing a vehicle?
    14·1 answer
  • Managers must decide where in the supply chain to hold inventory. In​ general, the decision about where to position inventory is
    14·1 answer
  • Which of these are considered broad economic goals? Dependability, equity, efficiency Freedom, equity, growth Reliability, hones
    7·1 answer
  • How free maket economy operates
    9·1 answer
  • Does anyone’s else’s teacher do this and does not let you complete the test-
    6·1 answer
  • Without doing any calculations, determine the missing number that will make the value of Expression B half the value of Expressi
    15·1 answer
  • . Job 1 pays $50,000 per year and offers 10 days of vacation. Job 2 pays $48,000 per year and offers 25 days of vacation. Which
    7·1 answer
  • B2B marketing requires a special, unique set?​
    15·1 answer
  • It is a business venture by two or more people​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!