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Mashutka [201]
3 years ago
15

Kansas Company acquired a building valued at $162,000 for property tax purposes in exchange for 12,000 shares of its $3 par comm

on stock. The stock is widely traded and selling for $19 per share. At what amount should the building be recorded by Kansas Company?
Business
1 answer:
Neko [114]3 years ago
8 0

Answer:

$228,000

Explanation:

Value of the building

= Market price of the shares x Number of shares exchanged

= 12000x$19

=$228,000

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Cape Corp. will pay a dividend of $3.60 next year. The company has stated that it will maintain a constant growth rate of 5 perc
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Answer:

$30

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according to the constant dividend growth model

price = d1 / (r - g)

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g = growth rate

$3.6 / (0.17 - 0.05)

$3.60 / 0.12  = $30

6 0
2 years ago
How many ink cartridges can you buy with 165 dollars if one cartridge costs 11 dollars
laiz [17]

Answer:

15

Explanation:

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7 0
3 years ago
Sara borrowed $500 for four years at 3 percent interest, compounded annually. Use the formula to calculate the total amount she
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6 0
3 years ago
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Assume that the marginal cost​ (MC) of production is increasingincreasing. Can you determine whether the average variable cost​
ki77a [65]

Answer:

YES - When marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

Explanation:

Marginal cost (MC) is the cost of producing an extra unit of output while Average variable cost (AVC) is the cost per unit of output produced.

When MC is below AVC, MC pulls the average down. This means that when MC is falling, AVC is falling

When MC is above AVC, MC is pushing the average up; therefore when MC is rising, AVC is rising.

The conclusion is that MC and AVC have a direct relationship and a rise in one will cause a rise in the other , therefore when the marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

3 0
3 years ago
Activity-Based Product Costing
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no matteehow much times i read this is still cant process this

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