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Evgesh-ka [11]
3 years ago
9

"Shareholder wealth" in a firm is represented by:

Business
1 answer:
Grace [21]3 years ago
6 0
The best and most correct answer among the choices provided by the question is the fourth choice. <span>"Shareholder wealth" in a firm is represented by </span><span>the market price per share of the firm's common stock. </span><span>I hope my answer has come to your help. God bless and have a nice day ahead!</span>
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Agata [3.3K]

Answer:

hit the crown!

Explanation:

the crown is the banryis button for the best answer

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What is the most important reason business communication should be complete?.
Hoochie [10]

Answer:

What is the most important reason business communication should be complete? It allows people to effectively act on the message right away

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2 years ago
Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
BabaBlast [244]

Answer:

See

Explanation:

Sales volume = 1,000 units

Selling price = $70,000/1,000 = $70

Variable cost = $12,000/1000 = $12

900 units

Contribution margin income statement

Sales (900 × $72)

$64,800

Less:

Variable expenses (900 × $12)

($10,800)

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Less:

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Net Operating income

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6 0
2 years ago
ave a cash refund of $750 to a customer because of a lost package. (The customer had previously paid in cash.) Sent a check for
Kaylis [27]

Explanation:

The Journal Entry is given below:-

1. Fees income Dr,            $750

       To cash                              $750

(Being fees income is recorded)

2. Utilities expense Dr,      $1,050

       To cash                                $1,050

(Being utilities expense is recorded)

3. Accounts receivable Dr,  $7,800

        To fee income                       $7,800

(Being services provided is recorded)

4. Equipment Dr,                   $4,600

        To cash                                   $4,600

(Being equipment purchase is recorded)

5. Accounts payable Dr,         $3,500

         To cash                                  $3,500

(Being payment of is recorded)

6. Cash Dr,                                 $15,250

         To fee income                         $15,250

(Being cash receive is recorded)

7. Cash Dr,                                   $6,250

         To Accounts Receivable         $6,250

(Being cash receive is recorded)

8. Cash Dr,                                   $25,000

           To capital                                $25,000

(Being additional investment is recorded)

9. Supplies Dr,                              $3,250

          To accounts payable               $3,250

(Being purchase of supplies is recorded)

10. Rent expense Dr,                     $3,750

          To cash                                      $3,750

(Being rent expenses is recorded)

8 0
3 years ago
Wieters Industries manufactures several products including a basic case for a popular smartphone. The company is considering ado
Sav [38]

Answer:

Wieters Industries

a. Activity Rates:

Machine setup =    $250

Inspection =              300

Materials receiving   140

b. The activity-based unit cost of the smartphone case is:

= $13.04

Explanation:

a) Data and Calculations:

Activity             Activity Overhead $   Cost Driver      Cost Driver Quantity

Machine setup             $200,000        # of setups                   800

Inspection                      120,000       # of quality tests           400

Materials receiving      252,000       # of purchase orders   1,800

Total overhead costs  $572,000

Activity Rates:

Machine setup =    $250 ($200,000/800)

Inspection =              300 ($120,000/400)

Materials receiving   140 ($252,000/1,800)

Budgeted data for smartphone case production:

Direct materials $2.50 per unit

Direct labor $0.54 per unit

Number of setups 92

Number of quality tests 400

Number of purchase orders 50

Production 15,000 units

Overhead Applied to Smartphone Case:

Number of setups 92 * $250 =             $ 23,000

Number of quality tests 400 * $300 =    120,000

Number of purchase orders 50 * $140 =   7,000

Total overhead applied =                      $150,000

Overhead per unit = $10 ($150,000/15,000)

Unit Cost of Smartphone Case:

Direct materials per unit  $2.50

Direct labor per unit        $0.54

Overhead per unit         $10.00

Total unit cost =             $13.04

6 0
2 years ago
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