Answer:
b. $530
Explanation:
As provided retained earnings opening balance = $475
Add net income for the year = $130
Balance = $605
Further dividend is paid, which reduces the balance of retained earnings = $75
Balance after paying dividends = $605 - $75 = $530
All the other information provided in question relates to common stock and has no relevance on retained earnings balance.
Therefore, balance of retained earnings at the end of period = $530
Government of South Africa has tye owner of South African Broadcasting Corporation. Is the form of ownership.
The appropriate response is wages have gone down. The inflation-adjusted return is the measure of restore that considers the day and age's expansion rate. Inflation-adjusted profit uncovers the arrival for a speculation subsequent to expelling the impacts of swelling. Expelling the impacts of expansion from the arrival of a speculation enables the financial specialist to see the genuine procuring capability of the security without outer monetary powers.
Answer:
$1,498,750
Explanation:
The computation of total cost to be purchased is shown below:-
Materials purchased = Ending inventory + materials used - Beginning inventory
= (23,100 × 20% × 2.5) + (24,400 × 2.5) - 12,600
= 11,550 + 61,000 - 12,600
= 72,550 - 12,600
= 59,950
August purchase = Materials purchased × Cost per kilogram
= 59,950 × $25
= $1,498,750
Therefore for computing the august purchase we simply multiply material purchased with cost per kilogram.
Answer: See explanation
Explanation:
a. What are the book value and market value of the firm?
The book value will be the amount of money that Alchemy invested which will be $1,500,000.
Market value = Value of patent + Value of production plant
= $75 million + $1,500,000
= $76.5 million
b. If there are 1 million shares of stock in the new corporation, what would be the price per share and the book value per share?
Price per share = Market value / Number of shares
= $76.5 million / 1 million
= $76.5 per share
Book value per share = Book value / Number of shares
= $1.5million/ 1 million
= $1.5 per share