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The ratio that Indicates how much one Common Stock worth if the company to be liquidated according to book value of assets is: Select one:

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The ratio that Indicates how much one Common Stock worth if the company to be liquidated according to book value of assets is: Select one: O a. Book value per share. O b. Cost value per share. O c. Par value per share. O d. Market value per share. The process by which accounting measurements are communicated to their intended users is: Select one: O a. Auditing O b. Verification ion O c. Measurement O d. Disclosure On 15/8/2020, department A that manufactures product Alpha, transfers 20,000 units of its product @ $50 per unit, to department B. The production cost to department A is $45 per unit, the journal entry in the books of upstream to remove the 20,000 units from finished goods inventory of department A is: Select one: O a. Debit to finished goods inventory $900,000 and credit to cost of goods sold- intercompany sale $900,000 O b. Debit to cost of goods sold- intercompany sale $1,000,000 and credit to finished goods inventory $1,000,000 O c. Debit to finished goods inventory $1,000,000 and credit to cost of goods sold - intercompany sale $1,000,000 O d. Debit to cost of goods sold- intercompany sale $900,000 and credit to finished goods inventory $900,000. On 15/8/2020, department A that manufactures product Alpha, transfers 20,000 units of its product, to department B, the Company changes from a negotiated transfer price of $50 per unit to a dual transfer price in which the upstream receives the local market price of $52 per unit, and the downstream pays $48 per unit, the production cost to department A is $45 per unit, the journal entry in the books of downstream to record the receipt of 20,000 units, from department A is: Select one: O a. Debit to Intercompany Accounts Payable $960,000 and credit Finished Goods Inventory $960,000. O b. Debit to Finished Goods Inventory $960,000 and credit Intercompany Accounts Payable $960,000. O c. Debit to Finished Goods Inventory $1,040,000 and credit Intercompany Accounts Payable $1,040,000. O d. Debit to Finished Goods Inventory $1,000,000 and credit Intercompany Accounts Payable $1,000,000

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