Answer: $16.60
Explanation:
The following information can be gotten from the question:
Total common equity = $4,050,000 Shares of stock outstanding = 265,000
Net Income = $450,000
Dividends = $100,000
Based on the information given, the book value per share will be calculated as:
(Total common equity + Net income - Dividends) / Outstanding shares
= ($4,050,000 + $450,000 - $100,000) / 265,000
= $4,400,000 / 265,000
= $16.60
Answer:
Total production for the current period is expected to be 7420 units.
Explanation:
The current production should be enough to meet the required units needed for the desired ending inventory and the units needed to meet the current sales after adjusting for the opening inventory of units that is available. Thu,s the current production requirement will be,
Production = Closing Inventory + Sales - Opening Inventory
Production = 263 + 7500 - 343
Production = 7420 units
<span>She is at the problem recognition stage. In this stage, the buyer recognizes that there is a deficit between what they have and what they are looking to purchase. The state they are in is less than (or substandard to) the state or item they desire to have.</span>
Answer:
Explanation:
Reorder point quantity is the level at which an inventory is expected to be restocked , calculated by finding the sum of demand over the lead time and the safety stock days
Daily usage = 800 feet / day
Lead time = 6 days
Desired service level = 95%
Risk level = 1-0.95 =0.05
safety stock at 0.05 = 1800
Reorder point = expected demand in (LT) + safety stock
= (800*6) + 1800
= 4800+1800 = 6600 feet.
Answer:
d. there is a movement along the demand curve of that good or service.
Explanation:
A change in price of a good or service leads to a movement along the demand curve either up or down. If price increase, quantity demanded falls and there's a movement up the demand curve. If prices fall, quantity demanded rises and there's a movement down the demand curve.
I hope my answer helps you
