Examlex

Solved

Hunter Manufacturing Inc

question 28

Multiple Choice

Hunter Manufacturing Inc.'s December 31,2012,balance sheet showed total common equity of $2,050,000 and 100,000 shares of stock outstanding.During 2013,Hunter had $250,000 of net income,and it paid out $100,000 as dividends.What was the book value per share at 12/31/13,assuming that Hunter neither issued nor retired any common stock during 2013?

Grasp the concept and applications of the Myers-Briggs Type Indicator (MBTI) in understanding personality types.
Distinguish between individuals with external vs. internal locus of control.
Comprehend personality characteristics like authoritarianism, Machiavellianism, and their impact on organizational behavior.
Acknowledge the legal and ethical considerations in using personality tests for hiring.

Definitions:

Comparative Purposes

For comparative purposes entails analyzing financial statements or other data side by side to discern trends, effects of strategies, or performance over time.

Depreciation Expense

A charge that reflects the cost of using fixed assets over their useful life.

Plant Assets

Durable assets with physical form, employed in running a company and not meant for resale.

Year Ended

The conclusion of a 12-month accounting period, at which financial statements are prepared.

Related Questions