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Brut [27]
3 years ago
12

The book value per share of stock is the amount of money an investor would have to pay to purchase a share of stock in an open m

arket. This statement is
Business
1 answer:
andrew-mc [135]3 years ago
7 0

Answer:

False

Explanation:

The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.

The book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.

Hence, the book value per share of stock is not the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is completely false.

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to maintain to form and function so A

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4 years ago
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The primary goal of financial management is to maximize the: Question 4 options: current net income. net working capital. the nu
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Answer: Market value of the exiting stock

Explanation: Financial management deals with managing the financial resources that an organisation owns. The manager under financial management tries to bring stability in financial transactions of an organisation.

The main objective of financial management is to maximize the market value of the existing outstanding stock, and this could be achieved only when the financial resources of the organisation are seemed as strong in the eyes of investors.

3 0
3 years ago
At December 31, 2017, Windsor Corporation had a projected benefit obligation of $819,000, plan assets of $437,000, and prior ser
bogdanovich [222]

Answer:

$382,000

Explanation:

Calculation to Determine the pension asset/liability at December 31, 2017

Using this formula

Pension asset/liability =Projected benefit obligation - Plan assets

Let plug in the formula

Pension asset/liability=$819,000 - $437,000

Pension asset/liability=$382,000

Therefore the Pension asset/liability at December 31, 2017 will be $382,000

3 0
3 years ago
Which statement best summarizes the law of demand ?
miskamm [114]

Answer:it’s D

Explanation: Just answered it

5 0
3 years ago
Cullumber Company purchased a new machine on October 1, 2022, at a cost of $90,880. The company estimated that the machine has a
marin [14]

Answer:

The workings are made below;

Explanation:

Depreciation Expense for 2022   =($90,880-$,8,640)/8=$10,280*3/12=$2,570

Depreciation Expense for 2023=$10,280  ($90,880-$8,640)/8

The depreciation for 2022 is calculated  on pro rata basis from the date of purchase till December 31,2022.

Where as depreciation for 2023 is charged on full year basis as the asset was used for the whole year.

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3 years ago
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