Answer:
It will increase by 50%
Explanation:
Equity is given as: credit - short market value.
Find attached below table of solution
Answer: $3.10
Explanation:
The actual price per pound of direct materials purchased in June will be calculated as follows:
Let the actual price be represented by x.
Material price variance is calculated as:
= (standard price-actual price) × actual quantity
-2000 = (3 × 20000) - 20000x
-2000 = 60000 - 20000x
20000x = 60000 + 2000
20000x = 62000
x = 62000/20000
x = 3.1
Therefore, the actual price per pound of direct material bought in June is $3.10
Owners of the company.
<h3>
What is a stock of a company?</h3>
- A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
- Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
<h3>What is an owner of a company?</h3>
- A company's "owner" is a person who owns all of the shares.
- In contrast, a "co-owner" shares ownership of a business with one or more partners.
- The owner, who is frequently the company's founder, is free to run their business however they like.
Therefore, Lorenzo and Lila are owners of the Double L Corporation.
Know more about stocks here:
brainly.com/question/1957305
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Answer:
P/E ratio = $14.78
Explanation:
Market value per share = $42
earning per share = $ 2.84
As we know that:
Price earning ratio = market value per share / earning per share
= $42 / 2.84
= $14.78
Price earning ratio is an indicator to investor whether to invest in this company long term or not.
