User Account

All Pages

Determine the book value per share

Assignment Help Accounting Basics
Reference no: EM132426833

Question - On January 1, 2018, Alpha Corporation had 50,000 shares of $10 par value common stock outstanding. On July 1, 2018, Alpha issued 50,000 additional shares on July 1, 2018. There is no class of preferred stock. At December 31, 2018, total stockholders' equity was $4,250,000. Use this information to determine the book value per share as of end of the FY 2018: (Round your answer to the nearest penny.)

Reference no: EM132426833

Questions Cloud

Describe three-line items of the multistep income statement : Describe the three-line items of the multistep income statement. Explain why it would be important for a company to break out its income in this manner
Analyze ms larsons accounting for the crm system : What are the relevant issues for this situation, the appropriate financial reporting guidance, and your conclusion regarding the treatment of the fees generate
Determine the Quick Ratio and Current Ratio : For the FY 2016, Alpha Company's balance sheet Determine the Quick Ratio and Current Ratio and Working Capital
Prepare Alpha Company general journal entries : Use this information to prepare Alpha Company's general journal entries to record the purchase and payment for inventory purchased from its Japanese vendor
Determine the book value per share : On January 1, 2018, Alpha Corporation had 50,000 shares of $10 par value common stock outstanding. Determine the book value per share
Generic Strategy Analysis : Generic Strategy Analysis Assignment help and solutions:- Identify set of activities in the value chain,How are they different from competitors?
Determine the number of weighted-average shares : Use this information to determine the number of weighted-average shares of common stock outstanding for the 2018 fiscal year
How much alpha corporation should report for basic earnings : Use this information to determine how much Alpha Corporation should report for 2017 basic earnings (loss) per share for income (loss) from continuing operations
Is the controller, Erin Jackson, acting ethically : Is the controller, Erin Jackson, acting ethically? Is the production manager, Alan Tyler, acting ethically? What are Jackson's ethical obligations?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd