Answer:
Book value par common share will be $19.6
Explanation:
We have given number of preferred stock = 1000
Value of preferred stock = $10 par preferred stock
So preferred Stock = 1000 x $10 = $10000
Total Stockholder's equity = $500000
Thus Common stock value = $500000 - $10000 = $490000
Total number of common stock = 25000 shares
So the book value per common share is = ![\frac{490000}{25000}=19.6](https://tex.z-dn.net/?f=%5Cfrac%7B490000%7D%7B25000%7D%3D19.6)
Answer:
805
Explanation:
The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:
Document tax=(Sale value/100)*0.70
Sale value=$115,000
Document tax=(115,000/100)*0.70
=1,150*0.70
=805
Answer:
small business
Explanation:
Based on the company specifications that is provided about Raul's company the most appropriate representation of his firm would be a small business. This is the case because a small business is categorized as any business with one owner controlling and running a business with less than 100 employees. Seeing as Raul only has 21 brokers employed and is planning to expand his model nationally but has NOT yet done so, then he is the owner of a small business.
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