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nlexa [21]
3 years ago
11

Brown Fashions Inc.'s December 31, 2014 balance sheet showed total common equity of $4,050,000 and 290,000 shares of stock outst

anding. During 2015, the firm had $450,000 of net income, and it paid out $100,000 as dividends. What was the book value per share at 12/31/15, assuming no common stock was either issued or retired during 2015? (Round your final answer to two decimal places.)
Business
1 answer:
Illusion [34]3 years ago
3 0

Answer:

$15.17

Explanation:

Given that;

Beginning book value = $4,050,000

Net income = $450,000

Dividends = $100,000

Ending book value = Beginning book value + Net income - Dividends

Ending book value = $4,050,000 + $450,000 - $100,000

Ending book value = $4,400,000

Book value per share = Ending book value / Number of shares

Book value per share = $4,400,000 / 290,000

Book value per share = $15.17

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AVprozaik [17]

In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or USP, are referred to as Brand elements

Advertising Management :

Advertising management is a planned managerial process designed to oversee and control the various advertising activities involved in a program to communicate with a firm's target market and which is ultimately designed to influence the consumer's purchase decisions. Advertising is just one element in a company's promotional mix and as such, must be integrated with the overall marketing communications program.

What are brand elements ?

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3 0
1 year ago
The management of Firebolt Industries Inc. manufactures gasolineand diesel engines through two production departments, Fabricati
GalinKa [24]

Solution:

Single factory overhead amount: the amount at which plant overheads or processing overheads are assigned to goods is referred to as single plant overhead rate.

Formula to measure a single plant-wide overhead rate:

Single plant-wide overhead rate :

\frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}  

Different development team overhead rate: this distribution system describes the various divisions engaged in the manufacturing cycle. Factory overheads are assigned to goods on the basis of the overhead cost for each of the manufacturing units.

Formula for calculating various output department overhead:

Multiple production department overhead rate:

\frac{ Budgeted department factory overhead}{ Budgeted department factory overhead}

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

Single plant-wide overhead rate :  \frac{Total budgeted factory overhead}{ Total budgeted plant-wide allocation base}

                                                     = \frac{80,000}{10,000 DLH}

For calculate: single plant-wide overhead rate use direct working hours (DLH) as the allocation basis, and measure factory overhead.

Using DLH as the allocation basis to measure a single plant-wide overhead limit.

4 0
3 years ago
Both Apple and Google sell electronic devices, and each of these companies has a different product mix.
Marrrta [24]

Answer:

Apple contribution margin

$    300 per unit

Apple Break even point:

$    120 units

Google contribution margin

 $   200

BEP

 $     50

Explanation:

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

<em><u>Where:</u></em>

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

Apple contribution margin

550 - 250 = 300 per unit

Apple Break even point:

36,000 / 300 = 120 units

Google contribution margin

470 - 270 = 200

BEP

10,000 /  200 = 50

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3 years ago
How did you feel while you were filling out the inventory?nervous, curious, stressed, relaxed, etc
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I feel stressed reading this question as it has no context but the question is asking for your opinion. there really is no wrong answer
8 0
2 years ago
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In the logistics-systems design matrix, volume, cost and speed of delivery are three variables (assume three levels: low, modera
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Answer:

High volume

Low cost

Moderate speed of delivery.

Explanation:

High - volume : The train can a large volume of goods at a single time as high number of coaches can be added to the train.

Low - cost : As the volume of goods carried in a single time by train is very large therefore the cost of transportation reduces to lowest than other means like air logistics.

Moderate speed of delivery : The speed of logistic delivery from one part to another part is comparatively lower than the air logistics transport system but is more than the road  logistics transport system in terms of long distance like in different states.

7 0
3 years ago
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