Prepare journal entries to record each of the following four separate issuances of stock.

a. A corporation issued 3,000 shares of $10 par value common stock for $36,000 cash.
b. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $23,000. The stock has a $2 per share stated value.
c. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $23,000. The stock has no stated value.
d. A corporation issued 750 shares of $75 par value preferred stock for $79,250 cash.

Answers

Answer 1

Answer:

Transaction a

Debit : Cash $36,000

Credit : Common Stock (3,000 x $10) $30,000

Credit : Common Stock - Paid in excess of par $6,000

Transaction b

Debit : Cash $23,000

Credit : Common Stock $23,000

Transaction c

Debit : Cash $23,000

Credit : Common Stock $23,000

Transaction d

Debit : Cash $79,250

Credit : Preferred Stock (750 x $75) $56,250

Credit : Preferred Stock - Paid in excess of par $23,000

Explanation:

The journal entries to record each of the following four separate issuances of stock have been prepared above.

Step 1 : Distinguish if Stock has par value or not

For par value stock, any amount paid in excess of par value is places in a reserve - Paid in Excess of Par on issuance.

For non par value stocks, we value stocks at market price of item exchanged

Step 2 : Recording

On Issuance, Cash is increasing so we debit Cash Account. The Stock Account as well as the Reserve - Paid in Excess (if applicable) both increases on the credit side, so that will be a Credit entry


Related Questions

Why should you stay organized when doing a research paper

Answers

Answer:

cuz if u don't stay organized then the information may lost

Answer:

Staying organized is one of the most important skills when a student first learns

how to write a research paper. It will help your stress levels as well as make the writing process go much faster.

Fraternity is protected under the ..
-Federal law
-Provincial law
-none of them
-Charter of rights and freedoms.

Answers

None of them is the answer

Fraternity is protected under the federal law.

As a social association, a Fraternity is protected with first amendment rights. The first amendment has a right to freedom of association while the fourteenth amendment offers equal protection rights.

A fraternity by definition are a group of people that have common interests. These interests could be religious or secular.

The first amendment offers protection to associations formed for speech, assembly, religion or to take care of grievances.

Therefore a fraternity is protected by Federal law.

Read more at https://brainly.com/question/17194501?referrer=searchResults

Jeff is a member of Go Big Red, LLC. Jeff decides he does not like the color red, preferring instead the colors black and gold. Jeff leaves the LLC for that reason. Upon dissociation all of the following apply to Jeff except:________.
a. duty of loyalty immediately ceases in all regards.
b. loses the right to manage the LLC.
c. right to have his interests to be bought out.
d. duty of care immediately ceases in all regards.

Answers

Answer:

Option "D" is correct.

Explanation:

Option "D" is correct because When a person or member dissociates then the person loses the right to manage, losses the right to act, ceases from their duty of loyalty, ceases from the duty of care immediately if any event occurs after dissociation and the member has the right to find their interest. Therefore, from the given options it can be seen that the duty of care remains intact when only to that event that had occurred before the dissociation.

An investor considers investing $20,000 in the stock market. He believes that the probability is 0.29 that the economy will improve, 0.35 that it will stay the same, and 0.36 that it will deteriorate. Further, if the economy improves, he expects his investment to grow to $26,000, but it can also go down to $14,000 if the economy deteriorates. If the economy stays the same, his investment will stay at $20,000
a. What is the expected value of his investment? Expected value
b. What should the investor do if he is risk neutral? Investor invest the $20,000
c. Is the decision clear-cut if he is risk averse?
No
Yes

Answers

Answer: See explanation

Explanation:

a. What is the expected value of his investment?

Based on the information given, this will be:

= (0.29 x $26000) + (0.35 x $20000) + (0.36 x $14000)

= $7540 + $7000 + $5040

= $19580

b. What should the investor do if he is risk neutral?

If the investor is risk neutral, then he should invest $20000.

c. Is the decision clear-cut if he is risk averse?

If the investor is risk averse, then it should be noted that he should not invest $20000 since the expected value of the investment will be lesser than its investment. In this case, the decision isn't clear cut if he's risk averse.

You are the public relations director of a nonprofit hospital in a competitive market in a midsized city located in a metro area of 350,000 people. It is sweeps week for broadcast media. One of the stations is running a series on HIV/AIDS in the community. Recent segments have included those listed below.

Homelessness related to HIV/AIDS
How persons living with HIV/AIDS suffer from being outcasts
How understanding has increased in some circles but prejudice remains in many.
An appealing case of a hemophiliac who acquired HIV/AIDS through transfusion at the university hospital has been reported in the series. The university and its teaching hospital are located elsewhere in the state.

At a staff meeting this morning, you learn that petitions are circulating in the community to request your hospital to convert its former nurses’ residence into a clinic and residential shelter for HIV/AIDS patients.

The hospital no longer maintains a school of nursing. The three-story brick building has been used for miscellaneous administrative purposes since nurses’ training was phased out. The residence is connected to the hospital by an elevated corridor, similar to a skywalk. It does not have facilities for food service or laundry. Nurses always ate at the hospital and the hospital handled their laundry. The residence and hospital are served by common systems for hot water, steam heat, ventilating and sewer. The building predates central air conditioning.

The human resources director reports that the business agent for kitchen and laundry workers, who are represented by a union, has already made informal contacts about this proposal, suggesting that grievances will result, at the very least, and a strike could ensue.

Your director of volunteers expresses concern about reaction of volunteers who now handle many peripheral duties. Your physical plant supervisor, who lives in the neighborhood, says neighbors are already anxious over the possibility of HIV/AIDS patients in their vicinity. Your hospital’s five-year Strategic Plan, which was recently updated, has no mention of developing an HIV/AIDS specialty.

Write a letter (using your own name) to the hospital CEO, John Dolman and the Board of Governors outlining your plan to resolve this issue. Remember, that your letter will be made public to the other audiences and publics. In your recommendations, you should provide both long and short-term strategies that would solve this problem. To solve this problem you should note if additional resources or expenditures would be need to achieve the goals that you define.

When writing the letter you should provide a brief description of the problems, you have found. What are the facts about major issues? Identify facts about key players in the case, the business problem(s) and then rank order the critical issues. Consider relevant information and underlying assumptions. Finally provide your recommendations.

As you write your recommendations, think about the following;

a. How do the cultural values at the hospital relate to communication, technology, information flow and openness?
b. As the hospital goes forward, should it stick to the espoused culture or should it change? How would you recommend that they change?
c. How would you suggest that they resolve this disparity? In other words what should they do?
d. Provide specific suggestions that will help the organization as they go forward.
e. In the closing, highlight benefits of your recommendations. As a PR director, you need to be honest but tactful in your recommendations

Answers

Answer:

HIV AIDS is contagious disease. It is responsibility of the healthcare professionals to handle the person with special care. This virus spread quickly in the body of the victim and the person is often unaware of the disease due to very mild or no symptoms.

Explanation:

To: CEO

Park lane Hospital

Central London,

09 - 06 -2021.

Respected Sir,

It is to bring into your knowledge about the spread of HIV/AIDS in the city. The people are unaware about the disease spread and those infected are carrying disease to others. There should be campaign run by the hospital to inform people about the spread of this contagious disease and preventions measures.

There should also be special arrangement for the people infected by the disease to stay and live in a separate house so the spread can be stopped.  The hospital can allow people with symptoms for a free checkup so that more people can come and have their routine checkup.

It is high time because if the spread will increase at the same rate then controlling the disease would become difficult.

Regards,

John Andrews.

War Eagle Distributing wants to determine the most efficient method of transporting its new product- The Charles Barkley Paperweight. This item has been offered for sale for several years, but Mr. Barkley's public persona and popularity have grown steadily, and the 6-year forecast calls for year 1 sales of 1,000 pallets, with year 2-6 sales increasing by 400 pallets each year. Estimated year 1 costs of two transportation options being considered are shown below.

Mode A Mode B
Variable Costs
Transportation Costs $240,000 $270,000
Inventory Cost $100,000 $30,000
Packaging Costs $120,000 $30,000
Fixed Cost $160,000 $420,000
Total Cost $620,000 $750,000

What is the Point of Indifference (where the total cost of each option is equal) in number of pallets?
a. 1,400
b. 1,800
c. 2,000
d. 2,400
e. 2,800

Answers

Answer:

c. 2,000

Explanation:

Total Variable cost = transportation cost + inventory cost + packaging costs

Total variable cost Mode A = $240,000 + $ 100,000 + $ 120,000 = $460,000

Cost per pallets = 460,000 / 1000 = 4600

Total variable cost Mode B = $270,000 + $ 30,000 + $ 30,000 = $330,000

Cost per pallet = 330,000 / 1000 = 3300

The variable cost for both mode will be equal if the company plans to produce 2000 pallets.

did juror 8 act as an objective force in the decision making process

Answers

Explanation:

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For each situation below, show quantitatively and explain what is happening in the capital (financial) market.

S I X G T
a 200 300 -200 400 300
b 700 600 100 400 400
c -300 300 -400 100 300
d 100 300 -400 500 300
e 500 300 100 400 300

Answers

Answer:

Capital market is at equilibrium and no change in interest rate

Explanation:

In the capital market

National savings = " S + T - G "

At equilibrium position ; National savings = " I + X "

When National savings > "1 + X "  Interest rate decrease because there is an excess of supply while

When National savings > "1 + X" interest rate will increase to balance out the capital market because there is excess of demand.

From the attached table of solution below all values of the National savings = "I + X" this shows that the capital ( financial ) market is at equilibrium position

Answer:

The financial market is going down  

Explanation:

The numbers are moving around which means 360 degrees which you add to all of the numbers on the chart cousin a new pattern to develop developmentally

John makes a deposit of $12,000 in a bank at 6% Compound Interest annually, for 7 years. a) At the end of 7 years, how much John will have in his bank account

Answers

Answer:

$18,043.56

Explanation:

The formula for calculating future value:

FV = P (1 + r) n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

12,000 x (1.06)^7 = $18,043.56

Data concerning Lemelin Corporation's single product appear below: Per Unit Percent of Sales Selling price $ 230 100 % Variable expenses 115 50 % Contribution margin $ 115 50 % The company is currently selling 7,000 units per month. Fixed expenses are $581,000 per month. The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has proposed a commission of $20 per unit. In exchange, the sales staff would accept a decrease in their salaries of $113,000 per month. (This is the company's savings for the entire sales staff.) The marketing manager predicts that introducing this sales incentive would increase monthly sales by 300 units. What should be the overall effect on the company's monthly net operating income of this change

Answers

Answer:

Lemelin Corporation

The overall effect on the company's monthly net operating income of this change is an increase of $1,500.

Explanation:

a) Data and Calculations:

Sales units per month = 7,000

Fixed expenses per month = $581,000

                                Per Unit   Percent of Sales

Selling price               $ 230            100 %

Variable expenses         115             50 %

Contribution margin   $ 115             50 %

Income Statements

                                  Before Change      After Change        Difference

Sales unit                        7,000                      7,300                     300

Sales revenue                $1,610,000           $1,679,000           $69,000

Variable cost of sales       805,000                839,500            -34,500

Sales commission           0                               146,000          -146,000

Contribution margin      $805,000              $693,500          ($111,500)

Fixed expenses                581,000                 468,000            113,000

Net operating income  $224,000               $225,500             $1,500

You believe that over the next year the expected return on the market portfolio will yield 11.27%. What is the market risk premium?

Answers

Answer: 9.27%

Explanation:

The first part of the question puts the One-year Treasury bill rate at 2%.

The market risk premium is return that the market is offering over what the risk free rate is.

It is therefore calculated by subtracting the risk free rate from the Expected market return which is:

= Expected return on market - Risk free rate

= 11.27% - 2%

= 9.27%

You own one call option with an exercise price of $30 on Nadia stock. This stock is currently selling for $27.80 a share but is expected to increase to either $28 or $34 a share over the next year. The risk-free rate of return is 5 percent. What is the current per share value of your option if it expires in one year

Answers

Answer: 0.755

Explanation:

From the information given, the current per share value of the option if it expires in one year will be calculated as follows:

Firstly, we calculate the present value which will be:

= $28 / ( 1 + 0.05 )

= $28/1.05

= $26.667

The number of options needed will be:

= ( 34 - 28 )/ ( 4-0)

= 6/4

= 1.5

Therefore,

27.80 = (1.5 x Co) + [28 / (1+0.05)]

27.80 = 1.5Co + (28/1.05)

27.80 = 1.5Co + 26.667

1.5Co = 28.0 - 26.667

1.5Co = 1.1333

Co = 0.755

Therefore, the answer is 0.755

does the business generate sufficient profits​

Answers

Answer:

Yes.

Explanation:

Yes, the business generate sufficient profits​ which provides benefits to the owner as well as to the country because the money that the business produce is used for running of state or country. The profit that the business earned by a company enhance the economy of the country by selling of goods or providing services and this money is used for the welfare and prosperity of people.

If reputable companies such as IBM and Apple have been charged with using bribes to obtain sales, why should you worry about being ethical

Answers

Answer:

1. Reputation.

Apple and IBM are big companies which is why their reputation was able to survive the bribery charges. You are most likely not as big as either of these companies so if you are charged with bribery, your reputation might not be able to recover like theirs did.

It is always best to be associated with a good reputation. A good reputation gives you customers who will be loyal because they appreciate the integrity you have. You should not throw this away by bribing people.

2. Consequences.

It is because Apple and IBM are so big that they were able to settle the bribery charge with the Courts. Smaller companies or people that have lesser effects on the financial system might find that their punishments will be more severe to act as a deterrent.

Following are summary financial statement data for Nordstrom Inc. for fiscal years ended 2014 through 2016.

$ thousands 2014 2015 2016
Sales $15,860 $15,478 $14,757
Net income 564 437 354
Total assets 7,886 8,115 7,858
Equity 873 977 870

Required:
a. Compute the return on assets (ROA) for fiscal years ended 2019 and 2018.
b. Compute the profit margin (PM) for fiscal years ended 2019 and 2018.
c. Compute the asset turnover (AT) for fiscal years ended 2019 and 2018.

Answers

Answer:

Nordstrom Inc.

a. Return on Assets (ROA) for the fiscal years ended 2019 and 2018:

= Net income/Total Assets

2019 = 7.15%

2018 = 5.39%

b. Profit Margin (PM) for fiscal years ended 2019 and 2018:

= Net income/Sales * 100

2019 = 3.56%

2018 = 2.82%

c. Asset Turnover (AT) for fiscal years ended 2019 and 2018:

= Total Sales / Average Assets

2019 = 1.98x

2018 = 1.94x

Explanation:

a) Data and Calculations:

$ thousands       2019       2018        2017

Sales              $15,860   $15,478   $14,757

Net income          564          437         354

Total assets      7,886         8,115      7,858

Average assets 8,001        7,986

Equity                   873          977          870

a. Return on Assets (ROA) for the fiscal years ended 2019 and 2018:

= Net income/Total Assets

2019 = $564/$7,886 * 100 = 7.15%

2018 = $437/$8,115 * 100 = 5.39%

b. Profit Margin (PM) for fiscal years ended 2019 and 2018:

= Net income/Sales * 100

2019 = $564/$15,860 * 100 = 3.56%

2018 = $437/$15,478 * 100 = 2.82%

c. Asset Turnover (AT) for fiscal years ended 2019 and 2018:

= Total Sales to Average Assets

2019 = $15,860/$8,001 = 1.98x

2018 = $15,478/$7,986 = 1.94x

b) Return on Assets (ROA) indicates the relative profitability of assets, which indicates the ability of management to generate earnings from the entity's assets.

The Profit Margin (PM) measures the degree to which a dollar-sales is turned into profit.

Asset Turnover (AT) measures the efficiency achieved by the entity in generating sales from its assets.

Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $425 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective interest rate established by the market was 6%. Assuming that Auerbach issued the bonds for $361,772,495, what interest expense would it recognize in its 2021 income statement

Answers

Answer:

The answer is "[tex]360595900[/tex]".

Explanation:

Interest expense for 3 months till December 31, 2021 [tex]= \$361,772,495 \times 6\% \times \frac{3}{12}= 5,426,587.43[/tex]

Less: Interest payable for 3 months till December 31, 2021

[tex]=\$425000000\times 4\% \times \frac{3}{12}= 4,250,000[/tex]

Discount amortized till December 31, 2021: [tex]1176587.43[/tex]

The issue price for Bonds [tex]\$361,772,495[/tex]  

Add: Discount amortized till December 31, 2021 [tex]1176587.43[/tex]

Net bond liability balance at December 31, 2021 [tex]360595907.57[/tex]

360595900 (rounded off)

IPS Corp. will upgrade its package-labeling machinery. It costs $850,000 to buy the machinery and have it installed. Operation and maintenance costs, which are $11,000 per year for the first 3 years, increase by $1000 per year for the machine's 10-year life. The machinery has a salvage value of 12% of its initial cost. Interest is 25%. What is the future worth of cost of the machinery

Answers

Answer:

The future worth of cost of the machinery is –$8,227,391.25.

Explanation:

The value of an amount of money at a particular interest rate at some point in the future is referred to as future worth.

Note: See the attached excel file for the calculation of the future worth of cost of the machinery.

In the attached excel file, the discounting factor for each year is calculated as follows:

Discounting Factor = (100% + Interest)^Remaining years ………………. (1)

Where:

Interest = 25%

Remaining years = 10 – Number of current year

In the attached excel file, we have:

Total future worth =  (8,227,391.25) = –$8,227,391.25

Therefore, the future worth of cost of the machinery is –$8,227,391.25.

In 2007, former Federal Reserve Chair Alan Greenspan argued that current extremes in income inequality were

Answers

Answer: a threat to the very existence of our capitalist system

Explanation:

Income inequality refers to the uneven distribution of income in a population.

According to Alan Greenspan, the current extremes in income inequality is a threat to the very existence of our capitalist system as capitalism may bring about inequality in income.

On January 1, 2021, the Merit Group issued to its bank a $38 million, five-year installment note to be paid in five equal payments at the end of each year. Installment payments of $9.417 million annually include interest at the rate of 7.6%.
Required: What would be the amount(s) related to the note that Merit would report in its statement of cash flows for the year ended December 31, 2021?

Answers

Answer:

The correct solution is provided below.

Explanation:

Given:

The cash inflow,

= $38

Interest rate,

= 7.6%

or,

= 0.076

Now,

The annually interest will be:

= [tex]38\times 0.076\times 1[/tex]

= [tex]2.89[/tex] ($)

Or,

The installment payment without interest will be:

= [tex]9.417-2.89[/tex]

= [tex]6.53[/tex] ($)

Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,900 shares of its own common stock at $34 per share on October 11. b. Sold 1,225 treasury shares on November 1 for $40 cash per share. c. Sold all remaining treasury shares on November 25 for $29 cash per share.

Answers

Answer: See explanation

Explanation:

The journal entry to record the transaction for Sherman systems will be:

Oct-11

Debit Treasury Stock (5,900 × $34) =

$200,600

Credit Cash = $200,600

(To record repurchase of 5900 own shares)

Nov-01

Debit Cash (1,225 × $40) = $49,000

Credit Treasury stock (1,225 × $34) = $41,650

Credit Paid in capital-Treasury Stock = $7,350

(To record sale 1225 shares from treasury stock)

Nov-25

Debit Cash (5,900-1,225) × $29) = $135,575

Debit Paid in capital-Treasury Stock = $7,350

Debit Retained earnings = $16,025

Credit Treasury stock (5,900-1,225) × $34) = $158,950

(To record sale balance from treasury stock)

when restrictive government polocoes do not exist or when industries become deregulated, ther _ of entry is high.

Answers

Answer: threat

Explanation:

When restrictive government policies don't exist or when the industries become deregulated, then the threat of entry is high.

It should be noted that when there's entry of new competitors in an industry that offers same goods or services, then the competitive position of the company will be at risk. Therefore, the threat of new entrants refers to the ability of new companies to enter into an industry.

In such case, since there's no restriction of government policies, then the threat of entry will be high.

Blaine, Inc., produces three products, Argon, Xon, and Zeon, from a joint production process. Data on the process are as follows:

Product Agon Xon Zeon Total
Allocated joint cost $45 $450
Sales value at split-off $90 $900
Additional processing costs $60 $150
Sales value if processed $150 $300 $1200
Contribution from processing further $15 $0 $360
Units produced 750 1250 3,000 5,000


Required:
Determine the value for each misse

Answers

Answer:

Agon

Allocated joint cost $45

Sales value split off $90

additional processing cost $60

Sales value if processed further $150

Contribution from processing further $15

Xon

Allocated joint cost $75

Sales value split off $150

additional processing cost $150

Sales value if processed further $300

Contribution from processing further $0

Zeon

Allocated joint cost $330

Sales value split off $660

additional processing cost $180

Sales value if processed further $1200

Contribution from processing further $360

Explanation:

Sales split off point Xon $300 - $150 = $150

Sales split off point Zeon $900 - $90 - $150 = $660

Joint cost of Xon = 450 / 900 * 150 = 75

Joint cost of Zeon = 450 / 900 * 660 = 330

Compute and Interpret Measures for DuPont Disaggregation Analysis
Refer to the 2015 fiscal year financial data of 3M Company to answer the following requirements (perform these computations from the perspective of a 3M shareholder).
($millions) 2015 2014
Sales $30,674
Net income, consolidated 5,056
Net income attributable to
3M shareholders 5,048
Assets 32,898 $31,389
Total equity 11,747 13,142
Equity attributable to 3M
shareholders 11,708 13,109
a. Compute the DuPont model component measures for profit margin, asset turnover, and financial leverage. Then, compute ROA.
b. Compute ROE. Confirm that ROE equals ROE computed using the component measures from part a (ROE PM AT FL).
c. Compute adjusted ROA (assume a statutory tax rate of 37% and pretax net interest expense of $123).

Answers

Answer:

solving

Explanation:

ROE = Net income/total assets

5048/(11708+13109)/2

= 0.4068

= 40.68%

A.

net margin = net profit/sales

= 5048/30674

= 0.1646

asset turnover = sales/average total asset

= 30674/(32898+31389)/2

= 0.954

equity multiplier

average total asset/average equity

= [(32898+31389)/2] / [11708+13109)]/2

= 32143.5/12408.5

= 2.59

DuPont model

ROE = 0.1646 x 0.9542 x 2.59

= 0.4068

= 40.68%

this shows that roe equals roe computed from the first roe I solved

ROA

net income/total assets

= 5048/32898+31389)/2

= 5048/32143.5

= 0.1570

= 15.47%

Supernormal Growth Rizzi Co. is growing quickly. Dividends are expected to grow at a 25 percent rate for the next three years, with the growth rate falling off to a constant 7 percent thereafter. If the required return is 13 percent and the company just paid a $3.10 dividend, what is the current share price?

Answers

Answer:

$86.13

Explanation:

The computation of the current share price is shown below:

Given that

Dividend just Paid (D0) is $3.10        

and Required Return (R ) 13%

Now        

Dividend Paid in 1st year  = $3.10 (1.25)    = $3.875        

Dividend Paid in 2ndyear = $3.875 (1.25)   = $4.844        

Dividend Paid in3rd year = $4.844 (1.25)  = $6.055        

Dividend Paid in 4th year  = $6.055 (1.07)   = $6.47

Now        

Stock Price in 3rd year (P3) = D4 ÷ (R - g)        

= $6.47 ÷ (0.13- 0.07)        

= $107.83        

Now the Current Share Price(P0) is        

Current Share Price (P0) = $3.875 ÷ (1.13) + $4.844 ÷ (1.13)^2 + $6.055 ÷ (1.13)^3 + $107.83 ÷ (1.13)^3    

= $3.42 +$3.79 + $4.19 + $74.73      

= $86.13

On January 14, Whispering Winds Corp. purchased supplies of $460 on account. The entry to record the purchase will include

Answers

Answer:

Debit : Supplies  $460

Credit : Accounts Payable $460

Explanation:

The entry to record the purchase of supplies will include a Debit to Asset Account - Supplies and a Credit to Liability Account - Accounts Payable at value of $460.

The Closed Fund is a closed-end investment company with a portfolio currently worth $260 million. It has liabilities of $2 million and 6 million shares outstanding. a. What is the NAV of the fund? (Round your answer to 2 decimal places.) b. If the fund sells for $40 per share, what is its premium or discount as a percent of NAV? (Input the amount as a positive value. Round your answer to 2 decimal places.)

Answers

Answer and Explanation:

The computation is given below:

NAV = (Total value - Liabilities) ÷ Number of shares outstanding

= ($260M - $2M) ÷ 6M

= $258M ÷ 6M

= $43

b. The premium or discount is  

= (Market price - NAV) ÷ NAV

= ($40 - $43) ÷ $43

= -$3 ÷ $43

= -0.06976 or -6.98%

So here the fund should be sold at 6.98% discount

Business executives often prefer to work with rate of return, so to overcome some of the IRR's limitations the modified IRR was devised. The MIRR equation is:

Answers

Answer:

Explanation:

MIRR equation is given by :

[(FV +ve cashflow / PV -ve cashflow)^(1/n)] - 1

FV +ve cashflow = Future value of positive cashflow at reinvestment rate

PV - ve cashflow = Present value of negative cashflow at finance rate

n = number of periods

The Modified Internal Rate of Return is a devised modification for the Internal rate of return, IRR which gives rate of return on percentage and overcomes the limitations of the IRR formula.

Which of the following statements are true? Check all that apply. When interest rates rise, the coupon rates on newly issued bonds will increase. As long as bonds are highly rated, there is very little interest rate risk. Purchasing long-term bonds reduces an investor’s interest rate risk. Bonds with similar coupons will always have the same percentage price change, no matter the maturity.

Answers

Answer:

When interest rates rise, the coupon rates on newly issued bonds will increase.

Explanation:

When there is an increase in the interest rate of the market so it decrease the price of the outstanding bonds due to which the new bond become costlier. Also the coupon made on the outsanding bond could not be adjusted but at the same time it can rise for the new bond so that the bond could become attractive. This is due to as the investors are interested in purchasing these bonds that provides the high coupon payment on periodic basis

Therefore the above should be the answer

i have no idea what to do here, can anyone help me please

Answers

Answer:

Try 450

Explanation:

Divide 900 to get 450.

Answer:

you dont even show the problem

Explanation:

is there more? or is that it?

A product needs to be processed on both Resource X and Resource Y. There is only one of each of these resources and your goal is to meet market demand, which is 20 units per day and a day has 12 hours of working time. It takes 30 minutes to process a unit on Resource X and 15 minutes on Resource Y. If Resource X feeds Resource Y and both resources are scheduled to work 12 hours per day and process items just-in-case, then which Of the following statement is correct:

a. There would be no accumulation of work-in-process inventory.
b. Work-in-process inventory would accumulate in-front-of Resource Y.
c. There would be no accumulation of finished goods inventory.

Answers

Answer:

The correct statement is:

a. There would be no accumulation of work-in-process inventory.

Explanation:

Daily demand of product A = 20 units

Working time per day = 12 hours

Time to process a unit on Resource X = 30 minutes

Time to process a unit on Resource Y = 15 minutes

Total units that can be processed on Resource X per day = 24 (12/0.5)

Total units that can be processed on Resource Y per day = 48 (12/0.25)

Since Resource X feeds Resource Y and both resources are scheduled to work 12 hours per day, there will no accumulation of work-in-process (from Resource X) because Resource Y uses half the time of Resource X.

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