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zhenek [66]
3 years ago
7

The following data apply to Elizabeth's Electrical Equipment:

Business
1 answer:
Romashka [77]3 years ago
7 0

Answer:

$50

Explanation:

Calculation to determine the intrinsic per share stock price be immediately after the repurchase

First step

Total Assets=Value of operations of 20,000+ Short term investments of 1000

Total Assets=$21,000

Second step

Equity =Assets - Debt

Equity= $21,000-$6,000

Equity= $15,000

Now let determine the intrinsic per share stock price

Intrinsic per share stock price=$15,000/300

Intrinsic per share stock price=$50

Therefore the Intrinsic value per share will be $50 immediately after the repurchase has occured.

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Sphinxa [80]

Answer:

b. volume variance.

Explanation:

Volume variance can be defined as the difference between the static budget and the flexible budget.

It mainly occurs as a result of the difference between the actual volume and the budgeted volume derived from the static budget.

5 0
4 years ago
When a company uses the allowance method to measure bad? debts, ________?
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5 0
3 years ago
For a quick assessment of a project using readily available accrual accounting data, companies will calculate the A: net present
Aleksandr [31]

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Explanation:

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8 0
4 years ago
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6 0
2 years ago
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Irina-Kira [14]

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