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adell [148]
3 years ago
6

The stockholders’ equity section of Montel Company’s balance sheet follows. Preferred stock—5% cumulative, $10 par value, 16,000

shares authorized, issued and outstanding $ 160,000 Common stock—$5 par value, 370,000 shares authorized, 320,000 shares issued and outstanding 1,600,000 Retained earnings 992,000 Total stockholders' equity $ 2,752,000 Determine the book value per share of the common stock.
Business
1 answer:
snow_tiger [21]3 years ago
5 0

Answer:

$8.1 per share

Explanation:

The computation of the book value per share is shown below:

Book value per share = (Total equity - preference dividend) ÷ (number of shares)

                                   = ($2,752,000 - $160,000) ÷ (320,000 shares)

                                  = ($2,592,000) ÷ (320,000 shares)

                                  = $8.1 per share

All other information which is given is not relevant. Hence, ignored it                                  

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On June​ 30, Coral, Inc. finished Job 750 with total job costs of $ 4 comma 500​, and transferred the costs to Finished Goods In
kherson [118]

Answer:

B. debit Cost of Goods Sold $ 4,500 and credit Finished Goods Inventory $ 4,500

Explanation:

The cost of goods sold will be 4,500 cost of the job 750

We are going to debit the cost of good sold for the amount it cost to make job 750

and credit the finished goods inventory as the amount of goods available for sale decreases.

When we sale we deliver an asset of ours (finished goods) thus, we have to make it decrease.

4 0
3 years ago
Using the most reliable information available, how much of the Earth's land surface is used for agriculture today? View Availabl
enot [183]

Answer:

The answer is: 30 to 40%, according to satellite imagery

Explanation:

Satellite imagery is the most reliable way to try to determine what percentage of the Earth's land is used for agriculture. First and most important, the world is huge and only satellites have the technology to take images of continents and differentiate what possible use is given to them.

Government's surveys and records are no very reliable since you would need to use information from all the governments in the world including democratic countries and nations with dictatorships.

4 0
3 years ago
The italian dynamic markings traditionally used to indicate very soft, soft, and very loud are respectively _____
tino4ka555 [31]
Music is the worldwide language, but the widely held of Western classical music has been written by composers with markings in Italian. So, in order to follow the composer’s notated musical instructions, a player must embrace a few Italian words into their dictionary, along with their symbols and meanings.So in this case, Pianissimo means very soft which is denoted by pp, Piano means soft which is denoted by p and Fortissimo means very loud which is denoted by ff.
4 0
3 years ago
Mike sells small-business health insurance programs, working on straight commission. Closing the sale is an extremely stressful
Harlamova29_29 [7]

If closing the sale is an extremely stressful point for him. If he does not close the sale, the outcome will be he will generate no income.

<h3>What is income?</h3>

Income can be defined as a the cash receive from the sales of goods and services.

Based on the given scenario in a situation were Mike did not close the sale for the day this will tend to mean that he will generate no revenue or income reason being that closing the sale will enables him to generate income.

Therefore the outcome will be he will generate no income.

Learn more about income here:brainly.com/question/25745683

6 0
2 years ago
The blurring of lines between the state and a special interest group in which a close alliance develops is called
jeka57 [31]

Answer:

a. co-optation

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Since the lines are burried and lies between the state and the special interest group in which the close alliance are created so this is we called as the co-optation

Therefore the same should be considered

3 0
3 years ago
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