The approximate average change per day since the past year is $ 0.72.
As per the stock listing the given information in the context is:
-
52 wk high = 122.86
- 52 wk low = 64.77 ENM
- Div. = 3.45
- Close = 99.14
- Net change = 4.74
It has been given in the context that the lowest price that occurred 48 days ago is 64.77 ENM
Closing Price = 99.14
Now, compute the average change per day:
Therefore, the correct option is b.
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Answer:
Felix Incorporated
Exchange of Preferred Stock for Land:
Journal Entries:
Debit Land $90,000
Credit Preferred Stock $81,250
Credit Additional Paid-in Capital - Preferred Stock $8,750
To record the issue of 1,250 of $65 par-value preferred stock for land with a fair price of $90,000.
Explanation:
Felix Incorporated will debit Land with the fair price of $90,000 and Credit the Preferred Stock account with $81,250 (1,250 x $65) at par-value. The difference between the fair price of land and the preferred stock at par-value is credited to additional paid-in capital account for preferred stock. Felix Incorporated cannot take into account the current market value of the stock at $75 in its accounting records. The current share price of $75 is for the benefit of investors, and can only serve as basis for Felix Incorporated to decide transactions with potential investors.
The whole of a person's skills, knowledge, and other intangibles that can be used to create economic value for that person, their employer, nor their community is known as their human capital.
<h3>
Who or what is the employer?</h3>
A person who employs or places to work is known as an employer. An employer might be a company, institution, government body, agency, company, consulting firm, nonprofit organization, private firms, store, or individual.
<h3>Does 'employer' refer to 'job'?</h3>
The corporation that employs (hired) you and gives (paid) your wage is the employer; you are the employee. So, for instance, if you work at Apple, Apple is the name of your employer. You might even provide the name of the employer who knows you well.
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Answer:
$1,210,000
Explanation:
Calculation to determine Stansbury's ending inventory for its December 31, 2015 balance sheet
December 31, 2015 inventory to be $1,000,000
Add Merchandise costing $90,000
Add Goods costing $120,000
Ending Inventory $1,210,000
($1,000,000+$90,000+$120,000)
Therefore Stansbury's ending inventory for its December 31, 2015 balance sheet will be $1,210,000
Answer: The market price of this stock is $22.57.
In this question, we ignore last year's dividend of $1.80 as it is irrelevant.
We compute the Present Value (PV) of the dividends of each of the following four years as follows:
Next, we calculate the PV of dividends from the 5 year onwards. Here dividend is constant at $3.20 and is expected to be paid for ever. The PV of a perpetuity at the end of year 4 is:
The value of a perpetual dividend of $3.20 at the end of year 4 is $24.61538462
Next we find the PV of the value of perpetual dividend as follows:
Market price of the stock = $22.57069872