Answer:
$12.7 per share
Explanation:
The formula and the computation of the book value per share are shown below:
Book value per share = (Total equity) ÷ (outstanding number of shares)
= ($393,700) ÷ (31,000 shares)
= $12.7 per share
Simply we divided the total equity by the outstanding number of shares to get the book value per share
Answer: Securities Act of 1933
Explanation:
The Act of 1933 is the Act that can be used to coordinate a securities registration filing under the provisions of the Uniform Securities.
The Securities Act of 1933 consists of two main aims which are that the investors should get financial and necessary information with regards to the securities that are offered for public sale and also that fraud, deceit, and misrepresentations should be prohibited when selling securities.
Answer:
In this case, the amount of $20,000 represents the owner's equity.
Explanation:
Assets:
Assets are the items that are own by a business. Examples of assets are inventory, machinery, company owned vehicles etc.
Liabilities:
Liabilities are the items a business owes to others. Examples of liabilities are bank dept, taxes, mortgage debt etc.
Equity:
Owner's equity is also known as net assets refer to the owner share of assets when the liabilities are paid off.
The relation between Assets, liabilities and owner equity are represented in a equation as:
Assets = Liabilities + Owner Equity
Answer:
The correct option is D
Explanation:
Accounts receivable is the balance amount of money is which due to a firm or business for goods or services that is delivered or used but the money is not yet paid by the customers.
So, last year, she has account receivable for $25,000 and current year, the account settled for $25,000. Therefore, there is no loss which means it is $0 in the current year. ($25,000 - $25,000 = $0).
