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spayn [35]
2 years ago
13

Acme Widget, Inc. has 1,000 shareholders who own a total of one million shares of its common stock. The company earned $10 milli

on after taxes and paid out $4 million in dividends. The firm has assets of $125 million and liabilities of $25 million. What is the book value per share
Business
1 answer:
Dafna1 [17]2 years ago
8 0

Answer:

$94 per share

Explanation:

Stockholders Equity Includes the Add-in-capital par value, Add-in-capital excess value of Common and Preferred, Net income accumulated value and dividends.

Equity of the firm = Assets - Liabilities

Equity of the firm  = $125 million - $25 million = $100 million

Net Addition in the equity = Net earning for the period - Dividend paid

Net Addition in the equity = $10 million - $4 million - $6 million

Book Value of the equity = Equity of the firm - Additions in the year

Book Value of the equity = $100 - $6 = $94 million

Book value per share = Book Value of the equity / Numbers of Share

Book value per share = $94 million / 1 million

Book value per share = $94 per share

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Criticism is hurtful because it makes one feel as if _______.
bija089 [108]

Answer:

a

Explanation:

they may feel like this because they're being talked about or like they're doing something wrong

5 0
2 years ago
The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her very popular "BIG BUCKS" automa
notsponge [240]

Answer:

3,000 $100 bills equivalent to $300,000

Explanation:

The economic order quantity (EOQ) is the optimum quantity of a good to be purchased or required at a time in order to minimize ordering and carrying costs in inventory.

EOQ = the square root of [(2 times the annual demand in units times the incremental cost to process an order) divided by (the incremental annual cost to carry one unit in inventory)]

  • annual demand in units = 12,500 x 12 = 150,000
  • incremental costs to process an order = $300
  • incremental annual cost to carry one unit in inventory = 10% x 100 = $10

EOQ = √[(2 x 150,000 x $300) / $10] = √($90,000,000 / $10) = √9,000,000 = 3,000 bills

8 0
2 years ago
You are the Economic Consultant for Zuku Farms Ghana Limited. Zuku produces cowpea in a community
Eva8 [605]

The answer and explanation to part 1 is given in the attachment.

Note:

Also, The complete part a question is attached.

4 0
2 years ago
About 13 to 16 guests out of every 100 are purposefully out to scam us and get something for free.
Oxana [17]

Answer:

Find attached complete question with the multiple choices:

The correct answer is false

Explanation:

The statement implies that in an hospitality business,13% to 16% of the guests checked in, in order to be served for free.

Hospitality business sector prouds itself in having clients that have taste and want value for money,this is evident in their ability to make payments for hotel reservations prior to arrival,as a result ,it would be out of place to say 13% to 16% of such individuals want free service.

Everyone knows that such luxury of service comes at a premium price,it is not in anyway similar to buying a course online where to some extent you enjoy a free service(freemium) and expected to pay for any service above the minimum.

All in all,hospitality is pay as you go.

Download xlsx
7 0
3 years ago
Suppose Lois usually buys two cups of coffee for two dollars each and one scone for two dollars each. If the price of scones fal
777dan777 [17]

Answer:

The correct answer is D. Real income effect.

Explanation:

Real income is defined as the monetary income of an individual, taking into account the effect of inflation. For example, if a person's nominal salary increases by 10% in one year, and inflation is 6% in that year, the actual income will have increased 4% in that year.

4 0
2 years ago
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