Simple corporation has the following assets, liabilities, and equity accounts: book value market value cash $4,200 $4,200 accounts receivable $7,800 $7,600 inventory $22,000 $28,000 equipment $190,000 $172,200 accounts payable $12,000 $12,000 notes payable $140,000 $140,000 common stock, 4,000 shares issued and outstanding $25,000 retained earnings $47,000 what is the book value of a share of simple stock?

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

Young owners of a sole proprietorship will likely not find financial support available from?