Answer:
$16.4
Explanation:
Given: Preferred stock= 1400 shares of $100
Total share outstanding= 29000
Total shareholder´s equity= $615600.
Now, calculating the book value per shares.
Formula; Book value per shares=
Preferred stock=
∴ Preferred stock= $140000.
Book value per shares=
∴ Book value per share= $16.4
Answer:
The two assumptions are as <em>resources must also be heterogeneous and immobile.</em>
Explanation:
The two critical assumptions of Resource Based View are <em>that resources must also be heterogeneous and immobile.</em>
Heterogeneous. <em>The first assumption is that skills, capabilities and other resources that organizations possess differ from one company to another.</em>
Immobile. <em>The second assumption of RBV is that resources are not mobile and do not move from company to company, at least in short-run.</em>
On basis of straight-line depreciation method,
Yearly depreciation expense = [Cost of investment - Salvage value] / life
In the current case, salvage vale is assumed to be $0 and the life is 7 years.
Total investment = $4 m + $ (15,000/1,000,000) m + $3 m = $7.015 m
Therefore,
Yearly depreciation expense = 7.015/7 ≈ $1.002 m
Making it right the first time is MANUFACTURING BASED DEFINITION OF QUALITY.
In manufacturing, a quality product is one that is free from all defects and it is in an excellent condition. Getting the quality right at the very first time is very important in the manufacturing industries, because that saves a lot of time, raw materials, human resources and other resources that go into making that product.
Answer:
1. Functional currency is the currency in which most of the business transactions of the company are carried out. In the given case, Kanquo is assumed to be the functional currency and therefore all the financial statements of Lancer Inc. will be consolidated in Kanquo currency. Therefore, no exchange rate will be applied if Kanquo is the functional currency of Lancer Inc.
2. If Dollar is the functional currency then all the reported amounts of foreign subsidiary will be consolidated by using the exchange rate of U.S Dollar. In the given case, following is the excha
Explanation: