Answer:
B.0.83
Explanation:
Data provided in the question
Total machines Available = 600
Number of machines used in a given year = 500
So by considering the above information, the utilization of spinning machines is
Utilization = Resource used ÷Resource available
= 500 ÷ 600
= 0.83
By dividing the resources used with the resources available we can get the utilization and the same is applied
Answer:
Paying more cash to its creditors and stockholders than the amount it received from them (1)
Explanation:
Stockholders are the primary owners of the company who have invested their money in the company's shares i.e equity holders and expect a reasonable returns higher than their investment.
Creditors are money lenders like banks i.e debt holders who have given loan or bank overdraft to the company and expecting the company to pay back at an agreed date with interest.
A firm creates value by being able to invest money sourced from various investors into a viable project that guaranteed greater returns than the weighted average cost of capital.
Answer:
$25.5
Explanation:
Morgan Inc.’s total corporate value = $325 million
notes payable = $90 million
long-term debt = $30 million
preferred stock = $40 million
common equity = $100 million
shares of stock outstanding = $100 million
Market Value of company
= Market Value of debt + Market Value of preferred + Market Value of equity
$325 million = $30 million + $40 million + Market Value of equity
or
Market Value of equity = $325 million - $30 million - $40 million
= $255 million
Share price = 
= 
= $25.5
Answer:
$1,622,000
Explanation:
Preparation of the fund balance section of the balance sheet.
Partial Balance Sheet-General Fund
As of December 31
FUND BALANCES SECTION OF THE BALANCE SHEET
Nonspendable:
Prepaid Insurance $10,000
Restricted:
Intergovernmental Grants $250,000
Emergency services $26,000
Committed:
Rainy Day Fund $600,000
Capital Projects $275,000
Assigned:
Unassigned $461,000
TOTAL fund balance $1,622,000
Therefore the fund balance section of the balance sheet will be $1,622,000
