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Nataly_w [17]
2 years ago
5

The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders’ equity 12/31/20

21 12/31/2020 Common stock, $5 par; 27 million shares authorized; 22 million shares issued and 19 million shares outstanding at 12/31/2021; and ____million shares issued and ____shares outstanding at 12/31/2020. $ 110 million $ 95 million Additional paid-in capital on common stock 527 million 394 million Retained earnings 204 million 164 million Treasury common stock, at cost, 3 million shares at 12/31/2021 and 1 million shares at 12/31/2020 (79 million) (57 million) Total shareholders’ equity $ 762 million $ 596 million What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2021?
Business
1 answer:
tiny-mole [99]2 years ago
5 0

Answer:

$29.6 million per share

Explanation:

Additional share issued = (Issued and shares outstanding 2021 + Additional paid-in capital on common stock 2021) - (Issued and shares outstanding 2020 + Additional paid-in capital on common stock 2020)

Additional share issued = (110 million + 527 million) - (95 million + 394 million)

Additional share issued = 637 million - 489 million

Additional share issued = $148 million

Average price paid = Additional share issued / $5

Average price paid = $29.6 million per share

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Mariana [72]

Answer:

technical skills

Explanation:

According to my research on different employment abilities, I can say that based on the information provided within the question this scenario illustrates that Philip has technical skills. These are procedures, techniques, and knowledge which allows you to use certain hardware/software that is required to get a job done.

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7 0
3 years ago
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The marginal revenue product (mrp) of land declines as more land is brought into production because?
makvit [3.9K]

The marginal revenue product (MRP) of land declines as more land is brought into production because:

A. Land is a "unfastened and nonreproducible gift of nature."

B. Of diminishing returns.

C. Land hire has no incentive characteristic.

D. The deliver of land is constant

Marginal revenue product (MRP), also referred to as the marginal charge product, is the marginal revenue created due to an addition of 1 unit of useful useful resource. The marginal revenue product is calculated by way of way of multiplying the marginal physical product (MPP) of the useful aid by means of the marginal revenue (MR) generated.

How do you calculate marginal revenue product of labor?

The marginal sales manufactured from a worker is equal to the made from the marginal product of hard work (MPL) and the marginal sales (MR) of output, given with the aid of MR×MPL = MRPL.

What takes place to marginal revenue product whilst call for decreases?

Marginal revenue product sales will usually be less than call for for a given quantity. That is because of the reality a monopolist's call for curve is similar to its average income curve, and for a monopolist, every commonplace and marginal sales will decrease as amount increases.

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3 0
2 years ago
You’ve been asked to create four bridesmaids’ bouquets for an upcoming fall wedding. The wedding will be held outdoors on a farm
Softa [21]
I'd say it's Letter D - <span>Sunflowers, gerbera, asters, chrysanthemums, and statice.

The choices listed in letter B bloom in early spring, letter A bloom in summer, and letter C are exotic in kind that doesn't bloom in the area that you described. So </span>Sunflowers, gerbera, asters, chrysanthemums, and statice<span> are a safer choice.</span>
7 0
3 years ago
An escrow account is:A. always under the jurisdiction of the brokerB. beyond the control of either party to the escrowC. always
AURORKA [14]

Answer: B - beyond the control of either party to the escrow

Explanation: An Escrow account is a legal term used where funds are held in trust whilst two or more parties complete a transaction.

An Escrow is a trusted third party that will be in custody of the funds during the cause of the transaction and will be the one to pay the merchant   after all the escrow agreement are fulfilled.

Escrow account reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied. It apply mainly to real estate transactions.

8 0
3 years ago
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Wewaii [24]

Answer:

The correct answer is letter "A": Finished goods inventory.

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Finished goods inventory refers to those products that have reached their maximum level of completion and are stored in the manufacturing company inventory waiting for retailers or end-consumers to demand them. Finished goods are also called <em>final goods</em>.

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