1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Butoxors [25]
3 years ago
15

A company has 5,000 shares of $100 par preferred stock and 50,000 shares of $10 par common stock outstanding. Its total stockhol

ders' equity is $2,000,000. Its book value per common share is:
Business
1 answer:
Elodia [21]3 years ago
7 0

Answer:

30

Explanation:

The first step is to calculate the preferred stock

= 5,000×100

= 500,000

Therefore the book value per common share can be calculated as follows

= 2,000,000-500,000/50,000

= 1,500,000/50,000

= 30

Hence the book value per common share is 30

You might be interested in
Creating policies for health and safety is part of which risk management strategy?
ivolga24 [154]
It can be C because it's accepting the risk to do it

But it can also be B because it's sharing the risk with everyone else
8 0
3 years ago
Each of two stocks, A and B, are expected to pay a dividend of $5 in the upcoming year. The expected growth rate of dividends is
Rama09 [41]

Answer:

The intrinsic value of Stock A is 500

Explanation:

According to the DDM method the formula for calculating the intrinsic value of a stock is

Upcoming Dividend/Required rate of return - Growth rate of stock.

Upcoming Dividend of Stock A= 5

Required rate of return on Stock A= 11% or 0.11

Growth rate on stock A= 10% or 0.10

Intrinsic value of stock A=

5/(0.11-0.10)=5/0.01=500

The intrinsic value of Stock A is 500

4 0
4 years ago
According to diffusion of innovation, in order for an innovation to ultimately be adopted it has to be
irga5000 [103]
According to Diffusion of Innovation, or order for an innovation to ultimately be adopted it has to be compatible with social norms.
The theory that obtains to explain how, why and at what rate new ideas and technology spread through cultures.
5 0
4 years ago
When designing an organizational structure for an international environment, management must choose between a ________, which in
Vesnalui [34]

Answer: A) global approach; local approach

Explanation: An organizational structure of a firm is defined as a system that is employed to define hierarchy or ranking within the organization. It helps identifies each job, its function, where it reports to within the organization as well as superiority between employees based on their status, authority or some other trait. A structure when developed aims to establish how the organization operates to execute its goals.

While a global organizational structure is the way a company aims to merge local preferences with global strategy and also integrates activities on a coordinated worldwide basis, the local approach to organizational structure differentiates activities in each country served wherein the organization exists.

5 0
3 years ago
You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today i
fredd [130]

Answer: The value of this exchange is $8,816.05.

Explanation:

The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that

k = koruna

b = baht

Step 1:

Sales Revenue = k2,200,000

(To get USD amount : \frac{2,200,000}{25.36}=$86,750.7886

Purchase Cost = b3,200,000

(To get USD amount : \frac{3,200,000}{41.06}=$77,934.7297

Step 2:

Profit = Sales Revenue - Purchase cost

         = $86,750.7886 - $77,934.7297

         = $8,816.0589

The value of this exchange is $8,816.05.

4 0
4 years ago
Other questions:
  • Clean N Green is a two-year-old company that makes wind turbines. The business owner, Janelle, is struggling to compete. Finding
    11·1 answer
  • Duck and cover was a famous federal government film used to prepare students for . a nuclear war chemical warfare terrorist atta
    5·2 answers
  • In the game of economics,
    15·1 answer
  • In a growing number of cities, stores are required either not to make available plastic or paper bags or to do so only for an ad
    15·1 answer
  • A 25-year, $1,000 par value zero-coupon rate bond is to be issued to yield 8 percent. Use Appendix B for an approximate answer b
    7·1 answer
  • Tiptoe shoes, had annual revenues of $185,000, expenses of $103,700, and paid dividends of $18,000 during the current year. The
    10·2 answers
  • Zippy had cash inflows from operations of $78,500; cash outflows from investing activities of $63,000; and cash inflows from fin
    7·1 answer
  • a company has designed a new product and tested the prototype. what is the next step in product development?
    12·1 answer
  • Nova water Factory produces purified water. It uses process costing system with the FIFO system. The following information is ob
    8·1 answer
  • When sales exceed production, the net operating income reported under variable costing generally will be:_____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!