The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders’ equity12/31/2021 12/31/2020 Common stock, $5 par; 27 million shares authorized; 22 million shares issued and 19 million shares outstanding at 12/31/2021; and million shares issued and shares outstanding at 12/31/2020.$110million $95million Additional paid-in capital on common stock 527million 394million Retained earnings 204million 164million Treasury common stock, at cost, 3 million shares at 12/31/2021 and 1 million shares at 12/31/2020 (79million) (57million) Total shareholders’ equity$762million $596million What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2021?

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should