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3 years ago

15

Stewart inc.'s latest eps was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt-to-ass

ets ratio was 46%. how much debt was outstanding?

1 answer:

Vikki [24]3 years ago

4 0

<span>80,000 people who traveled to the West in search of riches</span>

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Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama

Kryger [21]

Explanation:

The Journal entry is given below:-

1 January 2020 No Entry

31 December 2020 Compensation Expense Dr, 6,580

To, Paid-In-Capital 6,580

(Being the compensation expense stock-option plan is recorded)

Working Note:-

Compensation Expense

= $7 × 4,700 ÷ 5

= $7 × 940

= $6,580

7 0

2 years ago

Joint products A and B emerge from common processing that costs $116,000 and yields 4,000 units of Product A and 2,800 units of

Mandarinka [93]

Answer:

Apportioned joint cost to A=$92,800

Explanation:

<em>Joint costs are the costs incurred up until the split-off where two or more products result from the same production process. These common costs need to be apportioned among the joint products using any of the following basis:</em>

physical units
Relative sales value basis.

The relative value basis apportions joint costs using the proportion of product individual sales value to the the total sales value.

Total sales value = (280×4,000) + (100×2,800) =1400000

Apportioned joint cost to A =(1,120,000/1,400,000)× 116,000=92800

Apportioned joint cost to A=$92,800

4 0

2 years ago

Suppose a technological improvement has lowered the cost of manufacturing cell phone batteries. This would lead to ___________ (

Julli [10]

Answer:

The correct answer is: an increase; fall; substitutes; decrease; complements; increase.

Explanation:

Technological improvement has lowered the cost of producing cell phone batteries. This reduction in the cost of production will cause the price of cell phone batteries to decline. Since batteries are used as inputs in the cell phone. The reduction in the price of inputs means that the cost of production would decrease. The firms will be able to supply more at the same cost. The supply, as a result, will increase. The supply curve will shift to the right. The price of cell phones will decline.

Cell phones and landlines are substitutes. They can be used in place of each other. A decrease in the price of cell phones would cause the demand for landlines to decrease as the consumers will prefer a cheaper substitute.

The cell phones and applications, however, are use complements. They are used together. So when the price of cell phones decrease and its demand increase, the demand for cell phone applications will increase as well.

6 0

3 years ago

Gloria's employer deducted 20 percent of her pay in the month of january due to personal problems he had with her. under the lil

Dafna11 [192]

180 days of the most recent paycheck reflecting the discrepancy.

4 0

3 years ago

The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant to improve bike trails. The federal government a

lidiya [134]

Answer:

correct option is a) $182,000

Explanation:

given data

federal expenditure = $1,000,000

advanced the city = $600,000

city incurred qualifying expenditures = $418,000

solution

we get here Ruth recognize as unearned revenue for its fiscal year ending that is express as

Amount to be recognized unearned revenue = advanced the city - city incurred qualifying expenditures .......................1

put here value

Amount to be recognized unearned revenue = $600,000-$418,000

Amount to be recognized unearned revenue = $182,000

so correct option is a) $182,000

5 0

3 years ago