Answer:
book value = $35.64
so correct option is b. $35.64
Explanation:
given data
no of shares = 975 shares
preferred stock outstanding = $50
preferred stock = $64 per share
common stock outstanding = 11,000 shares
total value equity = $440,800
to find out
book value per common share
solution
we get here book value per common share that is express as
book value = ( Total value equity - Preferred Stock Book Value) ÷ Common Stock Outstanding ...................1
put here value we get
here Preferred Stock Book Value = no of shares × preferred stock outstanding
Preferred Stock Book Value = 975 × 50 = $48750
so book value will be
book value = 
book value = $35.64
so correct option is b. $35.64
Answer and Explanation:
The development of output indices for the plant is presented below:
For Base Year 2007
Index with output 100000 (Presumed) 100
For Output index 2009
(180000 ÷ 100000) × 100 180
For Output index 2010
(250,000 ÷ 100,000) × 100 250
For Output index 2011
(200,000 ÷ 100,000) × 101 200
In this way, it should be developed
This plan is an example of "Price fixing"
Explanation:
Price fixing consists of an agreement between respondents on the same side of the economy to only purchase or sell a product, service or product at such a fixed price, or keep price conditionals so that equilibrium control is kept at such a level.
This allows the suppliers to decide to give their goods a minimum or maximum price. Electronics retail organizations, for instance, may set prices together by setting prices or promotions on televisions.
Answer:
Explanation:
The preparation of the company’s income statement is presented below:
Home Realty, Incorporated
Income statement
Sales revenue $181,000
Less: Total expenses
Salaries and wages expense ($100,000)
Interest expense ($6,600)
Advertising expenses ($9,175)
Income tax expense ($18,800)
Net income $46,425
