Answer:
The stock price today is $38.76 as shown below
Explanation:
The value of the stock today is the present value of all future dividend payments from the stock.
Present value of first dividend=$14/(1+18.7%)^1
=$11.79443976
Present of second dividend=$38/(1+18.7%)^2
=$26.97007528
The stock price today is the sum of the present values=11.79443976
+26.97007528
=$38.76
Ordinarily, the valuation would have included the price at which the stock could be sold but since the company is wounding up and the only cash flow is payment of liquidating dividends, the price at which stock can be sold is not applicable.
Answer:
The amount of set-up cost allocated to each product:
Plus = <u>$2,250 x 19 set-ups</u>
380 units
= $112.50 per unit
Max = <u>$2,250 x 37 set-ups</u>
18,500 units
= $4.50 per unit
The correct answer is D
Explanation:
In order to obtain the amount of set-up allocated to each unit of Plus and Max, there is need to multiply the set-up cost per unit by the number of set-up for each product divided by number of each unit produced.
A publicly traded company with 250,000 outstanding shares of stock is called Main Supplies. If the company offers 10,000 more shares, they will be referred to as Seasoned Equity Offering.
Any share issue that occurs after a company's Initial Public Offering (IPO) on the stock market is referred to as a Seasoned Equity Offering also known as a Follow On Offering. Therefore, the corporation issuing the securities is already publicly traded and is returning to the market to raise further funds. A Secondary Offering is the sale of shares by existing shareholders, whereas a Seasoned Equity Offering is the issue of shares to the public following an IPO.
To learn more about Seasoned Equity Offering Here
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Answer:
b. gross margin would be $4,000.
Explanation:
Distribution costs are considered when calculating gross margin.
Gross margin is given by sales subtracted by the cost of goods sold:

The gross margin would be $4,000.
Although the freight cost should be included when calculating net income, more administrative costs could be added and, thus, net income cannot be determined with the given information.
Answer:
A plant asset will add to assets and subtract from liabilities.
Explanation:
The general ledger holds all of the information needed to prepare financial statements and includes assets, liabilities, equity, revenue and expenses.
I hope I understood the question and that this helps.