Answer:
$8.1 per share
Explanation:
The computation of the book value per share is shown below:
Book value per share = (Total equity - preference dividend) ÷ (number of shares)
= ($2,752,000 - $160,000) ÷ (320,000 shares)
= ($2,592,000) ÷ (320,000 shares)
= $8.1 per share
All other information which is given is not relevant. Hence, ignored it
the interest equals 47009 because the numbers added together
Answer:
pricing
Explanation:
pricing is the amount you pay a buissness for their product.
The return on investment for this division is (B) 20%.
<h3>
What is the return on investment (ROI)?</h3>
- Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
- A high ROI indicates that the benefits of the investment outweigh the costs.
- ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.
- It is one method of connecting profits to capital invested in economic terms.
<h3>To find the return on investment for this division:</h3>
= income/average invested assets
= $40,000/$200,000
= return on investment
= 20%
Therefore, the return on investment for this division is (B) 20%.
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Correct question:
The Midwest Division of Grainger Company has an investment center average invested assets of $200,000 and an investment center income of $40,000. What is the return on investment for this division?
(A) 500%
(B) 20%
(C) 25%
(D) 80%
Answer: Option (C)
Explanation:
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