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2 years ago

11

Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 100,000 shares of stoc

k outstanding, and they sell at a price of $52.50 per share. By how much do the firm's market and book values per share differ

1 answer:

ELEN [110]2 years ago

4 0

Answer:

$27.50

Explanation:

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You own a shoe store with a merchandise book value of $178,000. You conduct a physical inventory and find the value to be $169,0

lozanna [386]

Answer:

1.89%

Explanation:

The book value of the merchandise is $178,000

Physical inventory reveals stock is worth $169,000

The shrinkage = $178,000 - $169,000

=$9000

As a percentage of sales, the shrinkage will be

=$9000/$476,000 x 100

=0.0189076 x 100

=1.89%

6 0

3 years ago

In companies using a fixed-order quantity model, a consistent inventory level is used as a trigger to order more product. This i

Zielflug [23.3K]

Answer:

Reorder point

Explanation:

A company or organization making use of fixed-order quantity model which is a model where the REORDER POINT has been fixed and has already been set automatic in which once it reach the minimum inventory level it will remind the company that inventory level has reach the limit for the company to restore the stock inventory or order more product, which is why this inventory level is called the REORDER POINT.

Therefore REORDER POINT can be defined as the point which serve as a reminder that the stock inventory level has dropped to the minimum reorder level and need to be replaced or reorder.

5 0

2 years ago

Prepare a direct materials purchasing plan for January, February, and March, based on the following facts. Lana Gonzales owns a

larisa [96]

Answer:

January cost $702,200

February cost $812,200

March cost $950,400

Total Purchase cost

Particulars January February March

Purchase cost of blades $ 207,200.00 $ 227,200.00 $ 230,400.00

Purchase cost of motor $ 495,000.00 $ 585,000.00 $ 720,000.00

$ 702,200.00 $ 812,200.00 $ 950,400.00

Explanation:

R.M budget - blades

Particulars January February March April

Planned production 11000 13000 16000 12000

Blades req. per unit 4 4 4 4

Material req. for prod. 44000 52000 64000 48000

Add: Desired ending inventory 20800 25600 19200 0

Less: Beginning inventory 13000 20800 25600

Net units of blades req. 51800 56800 57600

Cost per blade $ 4.00 $ 4.00 $ 4.00

Purchase cost of blades $ 207,200.00 $ 227,200.00 $ 230,400.00

R.M budget - motor

Particulars January February March April

Planned production 11000 13000 16000 12000

Motor req. per unit 1 1 1 1

Material req. for prod. 11000 13000 16000 12000

Cost per motor $ 45.00 $ 45.00 $ 45.00

Purchase cost of motor $ 495,000.00 $ 585,000.00 $ 720,000.00

6 0

3 years ago

What are two examples of high-tech industries?

-BARSIC- [3]

Answer:

Idk if this is the right answer but I Google it and I got virtual reality/artificial intelligence and autonomous vehicles

4 0

2 years ago

Lock Company purchased $100,000, 10%, 5-year bonds on January 1, 20x1, with interest payable on July 1 and January 1. The effect

Arte-miy333 [17]

Answer:

Explanation:

see attached file.

8 0

3 years ago