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2 years ago

Enron and Tyco failed primarily because they______.

Business

1 answer:

faltersainse [42]2 years ago

3 0

The correct answer is D. manipulated accounting Procedures.

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As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets o

fgiga [73]

Answer:

See below

Explanation:

a. Earnings per share

= After tax earnings / Number of common shares outstanding

= $3,000,000 / 761,000

= $3.9 per share

b. Assuming that a share of Bozo Oil's company has a market value of $40, then, the firm's price earning ratio would be:

= Common stock market value / Earnings per share

= $40 / $3.9

= 10.26

c. The book value of a share of Bozo Oil's common stock

Book value = (Assets - Liabilities) / Number of shares outstanding

= ($15,000,000 - $9,000,000) / 761,000

= $6,000,000 / 751,000

= $7.88

7 0

3 years ago

You've Just Created a Business. Congratulations ! Now That You Have Everything In Place You Need To Figure Out what Kind Of Busi

vladimir2022 [97]

The first step is too come up with a plan.Then paperwork that your are going need. Make sure you have transportation etc.

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3 years ago

In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 80,000 uni

Mariana [72]

Answer: Option (c) is correct.

Explanation:

Given that,

Beginning work in process = 20,000 units and 70% completed

So, Units transferred = 20,000 × 30%

= 6,000

Direct transferred = 80,000 units

Ending work in process = 10,000 × 40%

= 4,000

Therefore,

Units were transferred out of the process in June:

= Beginning WIP transferred + Direct transferred + Ending work in process

= 6,000 + 80,000 + 4,000

= 90,000 units

3 0

2 years ago

The following information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In a

astra-53 [7]

Answer:

Actual Price paid for materials = $4.2136 $\times$ 2,200 = $9,270

Actual price per unit = $4.2136

Explanation:

Provided information,

Standard Material per unit = $4

Total cost = $8,400

Standard Quantity = $8,400/$4 = 2,100 units

Provided Material Price variance = $470 unfavorable = - $470

$= (Standard Price - Actual Price) \times Actual Units$

Material Quantity Variance = $400 Unfavorable = - $400

$= (Standard Quantity - Actual Quantity) \times Standard Rate$

Using Material Quantity Variance

- $400 = (2,100 - Actual Quantity) $\times$ $4

-$400/$4 = 2,100 - Actual Quantity

Actual Quantity = 2,100 + 100 = 2,200 units

Now, putting this value in Material Price Variance we have,

- $470 = ($4 - Actual Price) $\times$ 2,200

-$470/2,200 = $4 - Actual Price

- $0.214 = $4 - Actual Price

Actual Price = $4 + $0.2136 = $4.2136

Final Answer

Actual Price paid for materials = $4.2136 $\times$ 2,200 = $9,270

Actual price per unit = $4.2136

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3 years ago

Assume that all fast-food restaurants employ many minimum wage workers. suppose 20,000 people in pennsylvania work in fast-food

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3 years ago