Answer:
a) The return on stockholders’ equity = 15%
b) The return on common stockholders’ equity = 16%
Explanation:
a) Return on Stockholders’ Equity = (Net income)/(Average stockholders' equity)
= ($375,000)/$2,500,000
= 15%
b) Return on Common Stockholders’ Equity = (Net income - Preferred dividends) /(Average return on common stockholders' equity)
= ($375,000 - $75,000) / $1,875,000
= 16%
Answer:
Statement b. is True
Explanation:
When using variable costing method, all the costs which are variable in nature is charged based on per unit basis and is not periodic in nature, as depends o quantum of production and sales.
While considering fixed cost, it is considered periodic in nature as this does not depend on quantum of production or quantum of sales, as this is fixed in terms for a period it is periodic in nature, and is treated unavoidable even at a level where no units are produced.
Thus, Statement b. is True.
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
Answer:
D) a government employee illegally discriminating against another during performance of his or her official duties.
Explanation:
The term, under the colour of state law is used to show the situation whereby an individual claims that his or her actions are legitimized as a result of his role as a governmental agent. This is done when those actions are illegal. For example, denying a person a car lincense just because, the person happens to be of different skin colour.
Answer:
$36.79
Explanation:
Calculation to determine What will be the IPO price per share
First step is to calculate the Cumulative shares
Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million
Cumulative shares = 3.425 million
Now let calculate the IPO price
IPO price = $14 × $9 million / 3.425 million
IPO price= $36.79
Therefore What will be the IPO price per share is $36.79
