Answer:
the firm market to book ratio is 1.48
Explanation:
The computation of the market to book ratio is shown below:
The Market values is
= $22 million + $90 million - $50 million
= $
62 million
And, the Book values is
= $22 million + $60 million - $40 million
= $42 million
Now the firm market to book ratio is
= $62 million ÷ $42 million
= 1.48
Hence, the firm market to book ratio is 1.48
Answer:
839,793 stocks
Explanation:
Net proceeds = total proceeds - underwriting fees
- net proceeds = $24,200,000
- total proceeds = [stock price x (1 - spread)] x total number of stocks
- underwriting fees = $631,000
$24,200,000 = [$32 x (1 - 0.076)]X - $631,000
$24,831,000 = $29.568X
X = $24,831,000 / $29.568 = 839,793 stocks
Answer:
Debit Inventory for $1490000, debit Estimated Liability on Purchase Commitments for $290000 and credit Cash for $1780000.
Explanation:
Double entry accounting requires accounting entries to have two legs. The debit where the receiver is debited, and the credit leg where the giver is credited.
In this case Cullumber Corp made a payment of $1.78 million cash, so cash is credited for this amount.
Actual value of raw materials is $1.49 million, so as it is recieved we debit inventory for $1.49 million.
The balance which is a loss is debited from Estimated liability on purchase commitments.
The balance to be debited from this account is 1.78 million - 1.49 million= $290,000
Answer:
Research partnership
Explanation:
The Research partnership is the partnership which can be designed for the particular new technology development. In this, the reasearchers and the stakeholders would be worked together in a research project that represent the important part of the research. In addition to this, the established company would give the financial capital & other resoruces also the startip would be able to contribute the technological expertise.
Therefore the above represent the answer
Answer:
$265,000
Explanation:
Calculation to determine the product line's segment income
Sales Revenue $550,000
Less: Variable Expenses ($160,000)
(100,000+60,000)
Contribution Margin $390,000
($550,000-$160,000)
Less: Fixed Expenses ($125,000)
(75,000+50,000)
Product Line Segment Income $265,000
($390,000-$125,000)
Therefore the product line's segment income will be$265,000
