Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 125,000 shares of stock outstanding, and they sell at a price of $52.50 per share. By how much do the firm's market and book values per share differ?
A. $27.50
B. $28.88
C. $30.32
D. $31.83
E. $33.43
Answer: A
You might also like to view...
The net sales for a company were $3,600,000; gross profit was $600,000; and net income was $260,000 . The net income to net sales ratio would be
a. 7.22%. b. 16.67%. c. 23.89%. d. 43.33%.
Three persons have been turned down for jobs because of their age. Alice, age 72, was turned
down because she was too old. Betty, age 45, had applied for a job where most of her customers would be senior citizens and was turned down because she was too young. Cathy, age 35, was turned down for a teaching job because the school wanted very young teachers and thought she was too old. Assuming each was otherwise qualified for the job sought, who has a valid claim for illegal age discrimination? A) Alice and Betty B) Alice only C) Betty only D) Alice and Cathy
In payment for his help with the construction of Valhalla, Wotan offers Fafner two alternatives. First, he offers $1,260 per year forever (with the first payment in one year)
Second, he offers his sister-in-law, Freia (the girl with the golden apples). If Fafner thinks that Freia is worth $12,000 and his required rate of return is 10.5%, which of the following is correct? A) Freia is more valuable. B) The perpetuity is more valuable. C) The two are equal in value. He is indifferent between them.
What is the probability that at least two of these suitcases has a prize?