Answer:
D
Explanation:
Bc u can put lists in there and u can do the math in there too
Cash Balance at the beginning of February:
70,000
Collected $25,000 of AR:
+25,000
Paid 10,000 owed
-10,000
Cash Balance at the end of February:
70,000 + 25,000 - 10,000 = 85,000
Answer:
(A) $200,000
(B) $50,200,000
(C) $0.10 per share
(D) $25.10 per share
Explanation:
(A) The book value of the firm is $200,000
(B) The market value of the firm can be calculated as follows
= $200,000 + 50,000,000
= $50,200,000
(C) The book value per share can be calculated as follows
= 200,000/2,000,000
= $0.10 per share
(D) The price per share can be calculated as follows
= 50,200,000/2,000,000
= $25.10 per share
