Answer:
20,500 shares
Explanation:
Authorized shares= 38,000
Issued shares= 33,000
Treasury shares= 12,500
Therefore, the number of outstanding shares can be calculated as follows
Outstanding shares= Issued shares-Treasury shares
= 33,000-12,500
=20,500
Hence the number of outstanding shares is 20,500
A recession is when the inflation rate is low.. prices are falling dramatically in the market
Answer:
the book value per common share is $60.
Explanation:
Book Value Per Share = Equity Applicable / Number of Shares Outstanding
= $60,000/ 1,000
= $60
Thus the book value per common share is $60.
Option A should be the best answer for above question. All other choices listed are already offered by companies nowadays. Pensions are only given companies as payment to their contributions to their previous company.<span />
Answer:
The amount of impairment loss should C&R recognize is $6,700,000
Explanation:
According to the given data we have that the book value of division's assets is $28.9 million and fair value of division’s assets is $22.2 million.
Therefore, in order to calculate the amount of impairment loss should C&R recognize we would have to use the following formula:
impairment loss=book value of division's assets - fair value of division’s assets
impairment loss=$28.9 million-$22.2 million
impairment loss=$6,700,000
The amount of impairment loss should C&R recognize is $6,700,000