________ refers to the expected proceeds from converting an asset into cash.
Fill in the blank(s) with the appropriate word(s).
Realizable value
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Book value per share refers to the
a. net assets represented by one share of a company's stock. b. highest price that investors will pay for a share of stock. c. issue price of the stock, less any market decline since issuance. d. par or stated value of a share of stock.
During the taking of a physical inventory on December 31, 2012, inventory was counted as $100,870 instead of the correct amount of $100,780 . The effect of the error on the December 31, 2012 balance sheet and income statement will be: Ending inventory will be ________; ________ will be overstated
a. understated; cost of merchandise sold b. overstated; cost of merchandise sold c. overstated; net income d. understated; gross profit
Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of $690,000, variable expenses of $352,000, and traceable fixed expenses of $104,000. During the same month, the West business segment had sales revenues of $140,000, variable expenses of $56,000, and traceable fixed expenses of $24,000. The common fixed expenses totaled $162,000 and were allocated as follows: $89,000 to the East business segment and $73,000 to the West business segment. The contribution margin of the West business segment is:
A. $84,000 B. $145,000 C. $422,000 D. $234,000
To connect with distant team members across borders and time zones, many organizations are creating ____________________ teams. These teams work interdependently with a shared purpose across space, time, and organizational boundaries using technology
Fill in the blank(s) with correct word