Answer:
The answer is $112,038,000
Explanation:
The total equity will be equity brought forward, the net income(retained earnings) and the newly issued shares.
Book value equals asset minus liability which this formula is the same as equity. So in order words book value is also the same as total equity.
Therefore, the book value is:
$105,038,000 + 3,000,000 + $4,000,000
= $112,038,000
Answer:
b. Written communication
Explanation:
Written communication -
It refers to the written or typed manner of sending messages via bulletins , telegrams , reports , circular , letters etc , is referred to as written communication.
- This type of communication can have the record for future reference .
- It is a fast way of to transfer any data or information.
- The method is less flexible.
- The method can be used for any type of legal documentation.
- It is perfect for long distance communications.
- The communication can be done with many person at one time.
Hence , from the given information of the question,
The correct term is b. Written communication.
It is a formal method of communication and is less flexible. A written document preserved properly becomes a permanent record for future reference.
Answer:
17,750 units
Explanation:
<u>Calculation of equivalent units for conversion costs - FIFO</u>
To finish Opening Work in Process (5,000 units x 35%) 1,750
Started and Completed [(19,000 units - 5,000 units) x 100%] 14,000
Ending Work in Process (4,000 units x 50%) 2,000
Equivalent units of production 17,750
therefore,
the equivalent units for conversion costs would be 17,750 units
