Variour Inc recently completed its stock take and have provided you the below information Categor y Units in Inventory Cost per unit NRV per
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Ch12.3 Variour Inc recently completed its stock take and have provided you the below information
Categor
y
Units in
Inventory
Cost per
unit NRV per unit
WA1 85 $105.00 $100.00
WB1 110 $80.00 $85.00
WC1 135 $190.00 $195.00
WD1 150 $45.00 $50.00
WE1 165 $200.00 $190.00
Required:
Calculate the total value of Kentex' closing Inventory
Step by step
Solved in 2 steps
- Un=nttps%253A%252F%252Flms.mheducation.com%252F... Pa hapter 16, 17, 18) 6 Saved Help Save & Exit Submit The shareholders' equity section of Time Company's comparative balance sheets for the years ended December 31, 2021 and 2020, reported the following data: ($ in millions) 2021 2020 $600 300 600 $612 Common stock, $1 par per share Paid-in capital-excess of par Retained earnings 348 628 During 2021, Time declared and paid cash dividends of $90 million. The company also declared and issued a small stock dividend. No other changes occurred in shares outstanding during 2021. What was Time's net income for 2021? Multiple Choice $28 million $130 million $118 million Next 30 of 39 < Prev Question no...pages nages* CengageNOWv2 | Online teachir X D2L Ch 16 Quiz - ACC 242 01 - Intern X com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Print Item Marco, Inc. determined the following information concerning its common stock during 2020: January 1 15,600 shares outstanding March 1 Issued a 3-for-1 stock split July 1 Issued 1,500 additional shares October 1 Reacquired 2,000 shares Required: What should Marco, Inc. use as the denominator for its basic earnings per share calculation for 2020? Round intermediate and final answer to the whole number. Weighted average number of common shares outstanding 47,050 XAnswer the Question based on the data given below; OPENING STOCK OMR 25000 CLOSING STOCK OMR 35000 NET PURCHASES OMR 130000 MANUFACTURING EXPENSES OMR 30000 What will be the average stock? O a. OMR 60000 O b. OMR 30000 O c. OMR 50000 O d. OMR S000
- Analyse the information given in the table below and answer the questions below:Details Company A Company BShare price R60 R90Number of ordinary shares issued 10 000 000 10 000 000Market capitalisation 600 000 000 900 000 000Annual earnings R90 000 000 R120 000 000Earnings per share A BPrice/ Earnings (P/ E) Ratio C DREQUIRED:Please note that all theoretical answers should be in your own words and not directly from yourtextbook or any other source. Remember to add a list of resources (correctly referencedaccording to the Harvard method) at the end of your assignment. Calculate the missing amounts for A ‐ D.Round off your answers to 2 decimal places.engageNOWv2 | Onlin X genow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker &takeAssignmentSessionLocator=&inprogress=false еВook Five Measures of Solvency or Profitability The balance sheet for Quigg Inc. at the end of the current fiscal year indicated the following: Bonds payable, 6% $900,000 Preferred $10 stock, $50 par 46,000 Common stock, $10 par 644,000 Income before income tax expense was $162,000,and income taxes were $24,000 for the current year. Cash dividends paid on common stock during the current year totaled $25,760. The common stock was selling for $16 per share at the end of the year. Determine each of the following. Round answers to one decimal place, except for dollar amounts which should be rounded to the nearest whole cent. Use the rounded answers for subsequent requirements, if required. a. Times interest earned ratio times b. Earnings per share on common stock c. Price-earnings ratio d. Dividends per share of common stock e. Dividend yield 5:32 PM 12/12/2020…Refer to the following The stockhokiers equity secton of Peter CorDOBIDNS MA ce sheet at December 31 20OX2 was as Hollows Ordinary shares(P10 par vae ckessc0.n. shares, Issued adoulstandnj 9000rac Share premium Relained eamngs On January 2. 20x3 Peler puchased ard aler relirement of tese 100OC0 ccounts shoud se Share pren . Ro d 900,000 P1300,000 P1,900,000 P1300,000 000008 d 000'007 P1,400,000 P 800 000
- Book value per share1of Orlando Medical’s common stock outstanding at December 31,2018, wasa. 137.9.b. $35,147.c. $2.99.d. 20.1.PROVIDE COMPUTATIONS!!! 10. What is the book value of the preference shares on December 31, 2018?a. P105 c. P100b. P110 d. P11511. What is the book value of the ordinary shares on December31 2018?a. P13.40 c. P14.15b. P14.52 d. P13.78NATOW5V-ERFOTQ5 FK15USSTS-QM37KrJrJm6X3YEPg3sw/formResponse S- Sampoerna... Dashboard Spotify- Web Player VitalSource Booksh. You purchased a share of stock for $12. One year later you received $0.25 as dividend and sold the share for $12.92. What was your holding period return?* A. 9.75% B. 10.65% C. 11.75% D. 11.25% E. none of the above Company XYZ's bonds have 7 years remaining to maturity. The bonds have a face value of $1,000 and yield to maturity of 8%. They pay interest annually and have a 9% coupon rate. What is the current yield? a. 8.45% b. 8.55% c. 8.65% d. 8.75% e none of the above O O O OO
- BFIN300 Assessment /forms/d/e/1FAlpQLSc5SjbreWzC0 yZPB3S2KWa9rUU-yogkIRTKB8PKub7CTYBJA/formResponse sptive Math Ad. S New Tab d) 17.2% O e) None of the above 18. Alfa Corp's stock price at the end of last year was $50.25. and its book value per share was $37.50. What is its P/B ratio?* O a) 1.34 O b) 2.4 O c) 0.746 O d) 1.50 O e) None of the above Copy 6 R F K M C V alt ctriageNOWv2 | Online teach x B Vincent Corporation has 92,00 x akeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress%3false Update : Wonder Sales is authorized to issue 100,000 shares of 2%, $100 par preferred stock and 1,000,000 shares of $10 par common stock. Journalize the following transactions. a. On January 2, Wonder Sales issues 5,000 shares of preferred stock for $110 per share and 65,000 shares of common stock at $10 per share. If an amount box does not require an entry, leave it blank. Jan. 2 b. On January 25, Wonder Sales issued 250 shares of preferred stock to a Morton Law Firm for settlement of a $36,000 invoice for incorporation services. If an amount box does not require an entry, leave it blank. Jan. 25 C. On January 31, Wonder Sales issues 500 shares of common stock to Setup Inc. for fixtures that have a fair market value of $8,500. If an amount box does not require an entry, leave it blank. Jan. 3131 - The stock movements of entity A are as follows. Calculate STMMAVAILABLE OF GOODS PER PERIOD: 50000 TLPERIOD PURCHASES: 90000 TLFINANCIAL AVAILABILITY AT THE END OF THE TERM: 20000TLA) 120.000 TLB) 70.000 TLC) 60.000 TLD) 100.000 TLE) 130.000 TL