Business, 03.08.2019 01:10 wafflewarriormg
Terra-bit corp. (tbc) has 10 million shares of common stock that are currently selling for $40 per share. these shares were issued three years ago and represent the only shares the firm has issued to date. tbc has reported net income of $41 million; $87 million; and $132 million over the past three years. tbc paid its first dividend of $2 per share in the third year to its common shareholders. what is the market value added, mva, for tbc corp.
Answers: 3
Business, 21.06.2019 21:00, JuanTorres7
On january 1, 2018, red flash photography had the following balances: cash, $19,000; supplies, $8,700; land, $67,000; deferred revenue, $5,700; common stock $57,000; and retained earnings, $32,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $27,000. 2. may 20 provide services to customers for cash, $42,000, and on account, $37,000. 3. august 31 pay salaries to employees for work in 2018, $30,000. 4. october 1 purchase rental space for one year, $19,000. 5. november 17 purchase supplies on account, $29,000. 6. december 30 pay dividends, $2,700. the following information is available on december 31, 2018: 1. employees are owed an additional $4,700 in salaries. 2. three months of the rental space has expired. 3. supplies of $5,700 remain on hand. 4. all of the services associated with the beginning deferred revenue have been performed. required: 1. record the transactions that occurred during the year.2. record the adjusting entries at the end of the year.3. prepare an adjusted trial balance.4. prepare an income statement, statement of stockholders’ equity, and classified balance sheet.5. prepare closing entries.
Answers: 2
Business, 23.06.2019 07:00, crarylolmeow
Which of the following are direct employee sources of foodborne disease organisms? a) normal flora b) sick employees c) transient microorganisms d) all of the above
Answers: 1
Business, 23.06.2019 17:20, alexusray
Spartan systems reported total sales of $500,000, at a price of $20 and per unit variable expenses of $13, for the sales of their single product. total per unit sales $500,000 $20 variable expenses 325,000 13 contribution margin 175,000 $7 fixed expenses 120,000 net operating income $55,000 what is the amount of contribution margin if sales volume increases by 30%?
Answers: 1
Business, 23.06.2019 21:00, ftbluedevil
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposits
Answers: 1
Terra-bit corp. (tbc) has 10 million shares of common stock that are currently selling for $40 per s...
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