-What Is the Book Value Per Share for the Current

question 158

Multiple Choice

$\begin{array}{l}\text { Selected data for the MK Company follow: }\\\\\begin{array} {| l | r | r | } \hline & \text { Current Year } & \text { Prior Year } \\\hline \begin{array} { l } \text { Preferred Shares, 8\% Par } \\\text { Value } \$ 50\end{array} & \$ 250000 & \$ 250000 \\\hline \begin{array} { l } \text { Common Shares, Per Value } \\\$ 10\end{array} & \$ 500000 & \$ 500000 \\\hline \begin{array} { l } \text { Retained Earnings at End of } \\\text { Year }\end{array} & \$ 257000 & \$ 240000 \\\hline \begin{array} { l } \text { Net Income } \\\end{array} & \$ 102000 & \$ 90000\\\hline \begin{array} { l } \text { Dividends Paid on Preferred } \\\text { Shares }\end{array} & \$ 20000 & \$ 20000\\\hline \begin{array} { l } \text { Dividends Paid on Common } \\\text { Shares }\end{array} & \$ 65000 & \$ 60000 \\\hline \begin{array} { l } \text { Qouted Market Price per } \\\text { Common Share at Year End }\end{array} &\$25&\$20 \\\hline\end{array}\end{array}$
-What is the book value per share for the current year,rounded to the nearest cent?

• A) $15.14.
• B) $18.31.
• C) $20.14.
• D) $22.18.

Identify the various levels of self-disclosure as described by John Powell.

Discuss the potential positive and negative outcomes of self-disclosure.

Recognize the importance of the open, hidden, blind, and unknown panes in the Johari Window.

Describe how the size of different panes in the Johari Window changes with the dynamics of interpersonal relationships.

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Definitions:

Estimate

An approximation or educated guess used to project future financial outcomes or the potential costs of projects.

Direct Write-off

The direct write-off method is an accounting practice where uncollectible debts are written off as an expense only when they are deemed unrecoverable.

Allowance Method

An accounting technique used to estimate uncollectible accounts receivable and adjust the carrying value of the accounts.

Receivables

Receivables are amounts owed to a company by its customers or other parties for goods or services delivered but not yet paid for.