FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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What is the book value per share?
Makers Corp. had additions to retained earnings for the year just ended of $290,000.
The firm paid out $193,000 in cash dividends, and it has an ending total equity of $4.98
million. The company currently has 140,000 shares of common stock outstanding.
At the beginning of 2010, a corporation had assets of $270,000 and liabilities of
$170,000. During 2010, assets increased $12,000 and liabilities increased $1,000.
What was stockholders' equity on December 31, 2010?
a) 87,000
b) 111,000
c) 159,000
d) 281,000
Grady Home Health has $1,050,000 in Net Patient Accounts Receivable; $350,000 in Other
Operating Revenue: Total Operating Expenses of $3,250,000; and $4,500,000 in Net Patient
Revenue.
Determine the Days in Patient Accounts Receivable (Net AR Days) for this organization.
A. 79.0
B.90.6
C. 85.2
D. 98.3
E. 95.0
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Transcribed Image Text:What is the book value per share? Makers Corp. had additions to retained earnings for the year just ended of $290,000. The firm paid out $193,000 in cash dividends, and it has an ending total equity of $4.98 million. The company currently has 140,000 shares of common stock outstanding. At the beginning of 2010, a corporation had assets of $270,000 and liabilities of $170,000. During 2010, assets increased $12,000 and liabilities increased $1,000. What was stockholders' equity on December 31, 2010? a) 87,000 b) 111,000 c) 159,000 d) 281,000 Grady Home Health has $1,050,000 in Net Patient Accounts Receivable; $350,000 in Other Operating Revenue: Total Operating Expenses of $3,250,000; and $4,500,000 in Net Patient Revenue. Determine the Days in Patient Accounts Receivable (Net AR Days) for this organization. A. 79.0 B.90.6 C. 85.2 D. 98.3 E. 95.0
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