Answer:
$16.27
Explanation:
For computing the intrinsic value, first we have to compute the earning per share which is shown below:
Earning per share = (Net income) ÷ (Number of shares outstanding)
= ($14.73 million) ÷ (20.05 million shares)
= 0.734
Now the intrinsic value would be
= Earning per share × P/E ratio
= 0.734 × 22.17
= $16.27
To combat this stereotyping the HR director has decided to<u> "adopt more transparent practices".</u>
Nowadays, pay transparency is an interesting issue among HR and compensation experts. Pay transparency doesn't need to be a win or bust approach where everybody knows every other person's compensation. Or maybe, we trust transparency is a range. It's how much an association will examine its general pay rehearses. Pay transparency is significantly something other than the dollar sum a business pays every worker. It's additionally being more open about how pay was resolved and giving a clarification of the organization's compensation grades.
Answer:
You should pay $84.42 today for the bond.
Explanation:
bond price = value of bond/[(1 + interest rate)^number of years]
= $100/[(1 + 1.9%)^9]
= $100/(1.185)
= $84.42
Therefore, You should pay $84.42 today for the bond.
Answer:
USING LIFO METHOD
Nov 1 Opening inventory 20 [email protected]$19 = 380
Nov 4 Sales 10 [email protected]$19 = (190)
Nov 10 Purchases 30 [email protected]$20 = 600
Nov 17 Sales 20 [email protected]$20 = (400)
Nov 30 Purchases 10 [email protected]$21 = <u>210</u>
Cost of merchandise sold <u> 600 </u>
The correct answer is B
Explanation:
In LIFO method of inventory valuation, most recent stocks are issued first. For instance, sales of 10 units in November 4 will be issued from the November 1 opening inventory and valued at the price of opening inventory.November 17 sales will be issued from November 10 purchases and valued at the price of November 10 purchases.
Answer:
$700 (not given in the options)
Explanation:
When the policy is purchased with a payment made in advance, the entries recorded are
Debit prepaid insurance $8,400
Credit Cash account $8,400
After the first month, the expense incurred is
= 1/12 × $8,400
= $700
Entries then required
Debit Insurance expense $700
Credit Prepaid Insurance $700
