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Shtirlitz [24]
3 years ago
8

intext:"A company has 50,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $1,470,

000, and the par value per common share is $5. The book value per share is"
Business
1 answer:
Ganezh [65]3 years ago
5 0

Answer:

$29.4 per share

Explanation:

A company has 50,000 shares of common stock outstanding

The stockholder's equity that is applicable to common shares is $1,470,000

The per value of common share is $5

Therefore, the book value per share can be calculated as follows

= $1,470,000/50,000

= $29.4 per share

Hence the book value per share is $29.4 per share

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"Harold and Maude are married and live in a common-law state. Neither has made any taxable gifts and Maude owns (holds title to)
jeyben [28]

Answer:

$5528000

Explanation:

Solution

Given that:

Now,

The 2018 estate tax exemption 11180000$ above that the estate inherited are taxed at 40%.

So,

25000000-11180000 = taxable estate 13820000$

The estate tax due= 13820000*40%

= 5528000$

Note: This is reference from Exhibit 25-1 and Exhibit 25-2.

8 0
3 years ago
A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace
Mekhanik [1.2K]

Answer:

a. 2560 checkout

b. 3072 checkout

c. Old system = 3.85 checkout/$

New system = 5.56 checkout/$

Explanation:

Given:

Checkout lanes = 4

a.

How many checkouts did the old system provide in a shift?

Given

Lanes = 2

Time in use = 16 hours --- Convert to seconds

Time = 16 * 3600 = 57600 seconds

Checkout = 1 per 45 seconds

Number of check outs is calculated as:

2 lanes * 57600 seconds * 1 checkout / 45 seconds

Number of checkout = 2560 checkouts

b.

How many checkouts does the new system provide?

Lanes = 4

TimeTime in use = 16 hours --- Convert to minutes

Time = 16 * 60 = 960 minutes

Number of check outs is calculated as:

4 lanes * 960 minutes * 1 checkout / 1.25 minutes

Number of checkout = 3072 checkouts

c.

Given

Electricity costs for both setups are $0.06 per checkout

Bagging (material) costs are $0.12 per checkout with the old system

Bagging (material) costs are $0.20 per checkout with the old system

Cost for the old system is calculated by:

$0.06 * 2560 + $0.12 * 2560

= $153.6 + $307.2

= $460.3

Multifactor = 2560 checkout/$460.3

Multifactor = 5.56 checkout/$

Cost for the new system is calculated by:

0.06 * $3072 + 0.20 * $3072

= $184.32 + $614.4

= $798.72

Multifactor = 3072 checkout/$798.72

Multifactor = 3.85 checkout/$

6 0
3 years ago
Japan Company produces lamps that require 3 standard hours per unit at a standard hourly rate of $12.00 per hour. Production of
coldgirl [10]

Answer:

(a) rate variance = $ 5,234, Adverse

(b) time variance = $ 6,360, Favourable

(c) total cost variance = $1,126, Favourable

Explanation:

(a) rate variance,

rate variance = (Standard Rate - Actual Rate) × Actual Hours

                      =( $12.00- $12.20) × 26,170 hours

                      = $ 5,234, Adverse

(b) time variance, and

time variance = (Standard Hours - Actual Hours) × Standard Rate

                       = (26,700 hours - 26,170 hours) ×  $12.00

                     = $ 6,360, Favourable

(c) total cost variance

total cost variance = rate variance + time variance

                               = $ 5,234, Adverse + $ 6,360, Favourable

                               = $1,126, Favourable

4 0
3 years ago
What would be the effect on the accounts if the business purchased equipment on account?
Serjik [45]

Answer:

A. An asset would be debited and a Liability credited.

Explanation:

Purchasing on account means buying on credit. The debts of the business increase. As a result,  liabilities increase.

Equipment is a business asset. Purchasing equipment increases assets.

In the double-entry accounting system, An increase in an asset is recorded by debiting the asset account. An increase in liabilities is captured by crediting the liabilities account.

3 0
3 years ago
To increase sales of its low-fat pizzas in its established market, Dietizza is offering discounts on all its pizzas. According t
storchak [24]

Answer:

According to Ansoff's strategic opportunity matrix, Dietizza has adopted the ________ alternative.

a) market penetration

Explanation:

According to Ansoff's strategic opportunity matrix, Dietizza has adopted the ________ alternative.

a) market penetration

Market penetration means entering the market by increasing sales.

It can be done in a number of ways such as offering discounts, attracting customers through promotion etc.

Decreasing price for a special event which would be again a discount.

Ansoff's strategic opportunity matrix has four strategies.

a) market penetration

b) product diversification

c) product development

d) market development

7 0
3 years ago
Read 2 more answers
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