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The accounting measure of a firm's stock price is called market value.
<h3>What is
market value?</h3>
The market value, or OMV, of an asset is the price at which it would trade in a competitive auction environment. Although these phrases have different definitions in different standards and differ in some instances, market value is frequently used interchangeably with open market value, fair value, or fair market value.
Market value (also known as OMV or "open market valuation") is the price an asset would fetch in the marketplace, or the value assigned to a specific equity or firm by the financial community.
To get a company's market worth, multiply the total number of shares outstanding by the current price per share.
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Answer:
Closing Inventory = $550000
Explanation:
The cost of the closing inventory at December 31 can be calculated by taking the trading part of the income statement where we calculate the cost of the goods sold. The cost of the goods sold is the cost associated with the sale of goods made during the year. The cost of the goods sold is calculated as follows,
Cost of Goods sold = Opening Inventory + Purchases - Closing Inventory
Plugging in the values of Cost of goods sold, opening inventory and purchases, we can calculate the closing inventory.
1025000 = 625000 + 950000 - Closing Inventory
Closing Inventory = 1575000 - 1025000
Closing Inventory = $550000
Answer:
$897
Explanation:
Calculation to determine the value today
Using Financial calculator to determine the Present value (PV)
N = (12- 2) = 10 years
I = 14%
PMT =12%*1,000=120
FV = $1000
PV=?
Hence;
PV = $896.68
PV=$897 (Approximately)
Therefore the value today is $897