Yummy-Tummy Foods has the following information about its standards and
production activity for November:
How much are the standard overhead costs allocated to actual production?
A) $170,400
B) $142,000
C) $85,000
D) $57,500
The following information relates to Woolf Unlimited for the past two years.
What is the book value per share of common stock for the current year?
A) $38.80
B) $96.00
C) $69.20
D) $13.00
The Bedford Corporation reported the following income statement and balance sheet
amounts and additional information for the end of the current year.
Inventory and prepaid expenses account for $30,000 of the current year’s current assets.
Average inventory for the current year is $36,250.
Average net accounts receivable for the current year is $45,000.
There are 35,000 shares of common stock outstanding.
Total dividends paid during the current year were $17,000.
The market price per share of common stock is $20.
What is the rate of return on common stockholder’s equity for the current year?
A) 37.49%
B) 2.43%
C) 66.79%
D) 41.69%