The short-run aggregate supply curve swings to the right as nominal wages decline.
When the economy is on the short-run aggregate supply curve and to the right of the long-run aggregate supply curve, actual aggregate output will eventually equal potential output as nominal wages decline and the short-run aggregate supply curve shifts to the right.
Every economy experiences short-term fluctuations in GDP as it enters or exits recession.
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ms. jackson borrowed $42,000 at 8.75% annual simple interest. if exactly 1 year later she was able to repay the loan without penalty, how much interest would she owe? group of answer choices
$3675
Interest is calculated as follows: $42,000 x 0.0875 x 1 = $3675
Interest due is the sum of money needed to cover a loan's interest expense for the specified time period. When a borrower obtains a loan from a bank, the loan is required to be repaid over time in a series of installments or monthly payments.
How is the interest you owe determined?Subtract the number of payments you'll be making that year from the interest rate. You would divide 0.06 by 12 to get 0.005 if you had a monthly payment schedule and an interest rate of 6%. To calculate the amount of interest you will be required to pay that month, multiply that amount by the outstanding loan balance.
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the price of a 3-month prepaid forward on the power windows corporation is 140. the forward price for a 3 month forward on power windows corporation is 142. power windows corporation pays quarterly dividends of 5. the next dividend is due in 2 months. calculate the current spot price of the stock of the power windows corporation
Power Windows Corporation stock is now trading for 145 on the spot market.
The cost of delivering an underlying asset, financial derivative, or currency to the buyer of a forward contract at a preset date is known as the forward price. It essentially equates to the spot price plus any additional carrying expenses, such as interest rates and storage fees.
The current market price at which a certain asset, such as a security, commodity, or currency, can be purchased or sold for immediate delivery is known as the spot price.
Forward price = Spot price + Interest - Dividend
140 = Spot price + 0 - 5
Thus,
Spot price = 145
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all raw materials purchases are made on credit. prepare journal entries to record the: 1. purchase of raw materials. 2. direct materials used. 3. indirect materials used.
The journal entry to record the purchase of raw materials is Debit Raw Materials Inventory $40,000, Accounts Payable $40,000, direct materials used is Debit Work-in-Process Inventory 17,000, Credit Raw Materials Inventory $17,000.
Preparation of the journal entries1. Purchase of raw materials
Debit Raw Materials Inventory $40,000
Accounts Payable $40,000
( To record raw material on credit)
2. Direct materials used
Debit Work-in-Process Inventory 17,000
Credit Raw Materials Inventory $17,000
( To record direct materials in production)
3. Indirect materials used.
Debit Factory overhead $22,000
Credit Raw material inventory $22,000
( To record indirect materials in production)
Therefore the entry to record the purchase of raw materials is: Debit Raw Materials Inventory $40,000, Accounts Payable $40,000.
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The complete question is:
Prepare journal entries to record the following production activities.
1. Purchased $40,000 of raw materials on credit.
2. Used $17,000 of direct materials in production.
3. Used $22,000 of indirect materials in production.
jerry recently was offered a position with a major accounting firm. the firm offered jerry either a signing bonus of $23,000 payable on the first day of work or a signing bonus of $26,000 payable after one year of employment. assuming that the relevant interest rate is 10%, which option should jerry choose?
Assuming that the relevant interest rate is 10% in a major accounting firm, the option to choose is the signing bonus of $26,000 payable after one year of employment.
What is accounting?Accounting, usually referred to as accounting, is the measurement, processing, and communication of financial and non-financial data regarding economic entities like firms and corporations. Accounting, sometimes referred to as the "language of business," measures the outcomes of an organization's economic actions and disseminates this data to numerous stakeholders, including investors, creditors, management, and regulators. Those who work in the accounting industry are known as accountants. Frequently used interchangeably are the words "accounting" and "financial reporting."
Financial accounting, management accounting, tax accounting, and cost accounting are some of the subfields of accounting that can be split.
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coronado cannot use the income statement as a measure of cash flows because it is calculated on a(n) basis rather than a(n) basis. a. annual; accrual b. annual; cash c. accrual; cash d. cash; accrual
Coronado cannot use the income statement as a measure of cash flows because it is calculated on an accrual basis rather than a cash basis.
What is accrual?Accruals are accounting adjustments used to track and record income earned but not received, or expenses incurred but not yet paid.Accrual accounting is an accounting technique in which an accountant records income and/or expenses as transactions occur or payments are made. The most common examples of accrual accounting are sales on credit, purchases on credit, rent paid, utilities, depreciation, audit expenses, and other similar things.Under accrual accounting, an entity recognizes revenue when earned and expenses when incurred. This is often before (and sometimes after) the money is actually received or spent.To learn more about accrual from the given link :
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Kenda needs her manager to review the memo she wrote so that she can send it out to her clients before the end of the day. what's the best way for kendra to end her email to her manager? question 1 options: a.please review the memo for any spelling or grammatical errors. b.here's the memo i want to send clients today. c.please review the memo and let me know if you have any changes by 3 p.m. today. d.do you think this looks ok?
The BEST way for Kendra to end her email to her manager is option A: Please review the memo and let me know if you have any changes by 3 p.m. today.
What do you mean of review?A review is an opinion or analysis of something's quality. Review can also refer to going through a subject again as part of a study session or returning to something.
Note that when used as a noun and a verb, review has numerous additional meanings. A review is a critique of something, telling both its strengths as well as weaknesses.
Therefore, a book memo is an analysis of the book, or a review. A review, which is more than just a summary, presents an argument.
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a consumer products company reported a 25 percent increase in sales from last year to this year. sales last year were $200,000. this year, the company reported cost of goods sold in the amount of $150,000. what was the gross profit percentage this year?
The gross profit percentage this on the sales of $250,000 and cost of goods sold of $150,000, will be 40%.
Given Information:
Increase in sales = 25%
Sales last year = $200,000
Increase in sales = $200,000*25% = $50,000
New sales = $250,000
Cost of goods sold = $150,000
Gross profit = $250,000- $150,000 = $100,000
Gross profit percentage = $100,000/$250,000*100
= 40%
Gross profit is the total amount of money a business earns after subtracting costs for manufacturing, transporting, and selling its products or services. A company's income statement will show gross profit, which would be derived by deducting cost of goods sold (COGS) from earnings (sales).
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the following information is available: units in process, dec. 1 (60 percent converted)2,200units units in process, dec. 31 (30 percent converted)1,100units units started during the month8,250units materials are added at the beginning of the process. how many equivalent units in process for conversion were there in december using the weighted average method
The equivalent units in process of conversion are equal to 8580 units.
The process of converting raw materials into finished goods involves many steps and there should be a proper check on the manufacturing process. There should be a keep on the units available, the units used, and the units left. According to the question,
beginning work in process units = 2200
units started in process = 8250 units and
total units to account for = 2200 + 8250 = 10450 units.
Now, the equivalent units can be calculated as
Units completed is given by 8250 units which are 100% completed that is
(100/100) × 8250 = 8250 units.
Ending work in process is 1100 units which are 30% completed that is
(30/100) × 1100 = 330 units.
Now, the total equivalent units will be
8250 + 330 = 8580 units
Only 8580 units are equivalent units from 10450 available units.
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a company purchased new equipment for $60,000. the company paid cash for the equipment. other costs associated with the equipment were: transportation costs, $1,000; sales tax paid $2,000; and installation cost, $2,500. the correct amount to capitalize in the equipment account would be:
The amount to capitalize in the equipment account would be: 65,500
According to IAS 16 Property, Plant and Equipment, an asset's cost consists of:
combined with import taxes and duty the first estimate of the costs of dismantling and removing the item and restoring the place on which it is located, as well as any expenses directly related to transferring the asset to the location and condition required for it to be able to operate as intended by management
In the example, the asset cost $60,000 to purchase, $1,000 was needed for delivery to the site desired by management, $2,000 was needed for sales tax, and another $2,500 was needed for installation in order for the asset to operate as intended by management. As a result, all of these expenses would be 65,000
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The most common form of competition is ________blank, in which many firms compete for customers in a given market but with differentiated products.
The most common form of competition is monopolistic competition blank, in which many firms compete for customers in a given market but with differentiated products.
Monopolistic Competition Market
Monopolistic Competition is a competition with other manufacturers who have similar products, but there are differences between each of them.
This difference is the hallmark of the productsproducts sold by each manufacturer.
The activity of producing these goods is known as product differentiation or product differentiation. Because the products produced are almost similar, each producer will compete in terms of quality, price, and how to market their products.
Monopolistic Competition Market Characteristics
The characteristics of a monopolistically competitive market are as follows:
1. Has a very large number of producers
As in a perfectly competitive market, a monopolistic market has a large number of producers. Due to the large number of producers, each producer has a relatively small market share.
2. There is Product Differentiation
Product differentiation is when a manufacturer produces a product that is slightly different, but similar to the products of its competitors.
In a monopolistically competitive market, when the price of one producer rises while the price of the product of another producer is constant, the demand for that product will fall. Because, consumers will easily find substitute products from these products.
3. Each producer competes in terms of quality, price, and how to market their products
Because products in monopolistic markets tend to be similar, producers will compete in terms of quality, price, and how to market their respective products.
Manufacturers will compete to improve the quality of their products, such as through attractive product designs and services provided to consumers.
4. Producers are free to enter the market
Just like a perfectly competitive market, monopolistic market participants are also free to enter and leave the market.
The free entry and exit of the market means that there are no barriers for new producers who want to sell their products in the market or old producers who want to leave the market.
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a bank has tier i capital of $90 million and tier ii capital of $70 million. the bank has total assets of $2,522 million and risk-weighted assets of 2,017.6 million. this bank is
Under-capitalized.
The highest quality capital available to a bank is called Tier I capital, which is mostly made up of share capital and stated reserves. On the other hand, some reserves and specific subordinated debt types make up Tier II capital.
What do banks' Tier I capital and Tier II capital mean?The highest quality capital available to a bank is called Tier I capital, which is mostly made up of share capital and stated reserves. On the other hand, some reserves and specific subordinated debt types make up Tier II capital.A bank must maintain a capital reserve ratio of 8%. For Tier 1 capital, it is currently set at 6%, and for Tier 2 capital, the remaining 2%. The typical method for calculating a bank's capital ratio is to divide its capital by all of its risk-based assets.To arrive at the total risk-weighted assets, the risk weighting is a percentage that is applied to the relevant loans. Divide a bank's Tier 1 capital ratio by its Tier 1 capital.To learn more about Tier I capital refer to:
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pat and abe do not sign a contingency for the sale of the buyer's property. however, it is clear that if pat is not able to sell her home, she will not have the downpayment funds necessary to buy abe's home. this is a/an:
pat and Abe do not sign a contingency for the sale of the buyer's property. however, it is clear that if pat is not able to sell her home, she will not have the down payment funds necessary to buy Abe's home. this is a/an: A: Hidden contingency.
Any previously unidentified job site issue that needs to be resolved (or addressed) before the project can proceed is referred to as a hidden contingency. It is anything that is hidden so that the designer would not have had any means of knowing about it when designing the walls, floor, or other finished surfaces. If the plaster or drywall is taken off the walls, for instance, it might be easy to see that there is no insulation there.
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market modification strategies include finding new customers, increasing product , and creating a new use situations. multiple choice question. use modifications awareness advertising
(a) Use
What are market modification strategies?
Market modification - this includes entering new market segments, redefining target markets, winning over competitor's customers, converting non-users. product modification.
For example, adjusting or improving your product's features, quality, pricing and differentiating it from other products in the marking.
What are the types of market strategies?
Types Of Marketing Strategies are:
Market Penetration Strategy.Market Development Strategy.Product Development Strategy.Diversification Strategy.To learn more about Marketing Strategies from the given link
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a quick, rough estimate of the time required for money to double can be obtained by dividing which of the following numbers by the compound interest rate? a) 100 b) 72 c) 64 d) 52
Divide 72 by the compound interest rate to get a rough estimate of how long it will take for money to double.
What is interest rate?An interest rate is the amount of interest due per period as a percentage of the amount lent, deposited, or borrowed. The total interest on an amount lent or borrowed is determined by the central sum, the interest rate, the compounding frequency, and the measurement of the time it is lent deposited, or borrowed. An interest rate tells you how much it costs to borrow or how much it pays to save. So, if you're a borrower, the interest rate is the amount you're charged for borrowing money, expressed as a percentage of the total loan amount.To learn more about interest rate, refer to:
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which element of the promotion mix refers to the set of nonpersonal communication tools designed to stimulate quicker and more frequent purchases of a product?
Sales promotion refers to the set of non personal communication tools designed to stimulate quicker and more frequent purchases of a product.
What is promotion mix ?To maximize promotional efforts and reach a larger audience, marketers create a promotion mix, which is a collection of various marketing strategies. The duty of the marketer is to determine the ideal promotion mix for a specific brand.
It takes marketing expertise and experience to create a promotion mix. To create a successful promotion mix, marketers must conduct numerous studies and gather a ton of information on a specific brand.
The significance of a promotion mix :
increases the efficiency of advertising campaignssegments the audience and enhances client communicationsubscribers are informedunique among the groupWhat Makes Up a Promotion Mix?
Direct selling and advertisingpromotion of salesPublic relationsTo know more about, promotion mix, visit :
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a successful ride-sharing company has decided to raise money for its second phase of expansion by issuing shares of stock and becoming a publicly-traded company, so they create a prospectus for potential investors. what type of stock market transaction is taking place? secondary market offering private placement ipo share buyback
the Type of stock market transaction taking place is IPO.
An initial open offering (IPO) is the method of advertising offers of a private organization to the public in a new stock issuance for the first time. An IPO permits a company to raise value capital from open investors and the move from a private to an public company can be a vital time for a private investors to ultimately realize picks up from their speculation because it regularly incorporates a share premium for the current private investors. In the meantime, it also permits public investors to involve in the advertising. The IPO process comprises of two parts, the primary one is the pre-marketing stage of the advertising, whereas the secondary one is the beginning public offering itself. When a company is curious about an IPO, it'll publicize to investors by requesting private offers to them or moreover make a public explanation to produce interest.
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The goal of the accounts receivable methods is to adjust the allowance for doubtful accounts balance so that?.
The goal of the accounts receivable methods is to adjust the allowance for doubtful accounts balance so that the estimated amount of the receivables that are not collected is the same as the adjusted balance.
The write-off item must be reversed and the payment must be recorded when you receive money that you wrote off as uncollectable. Reverse the write-off entry by lowering the allowances for doubtful accounts account with a credit and raising the accounts receivable account with a debit. Due to the fact that an allowance for doubtful accounts affects the value of an asset, in this example, the accounts receivable, it is referred to as a "counter asset." The allowance, also known as a bad debt reserve, reflects management's best guess as to how much of the accounts receivable are likely to be unpaid by clients.
In accordance with the allowance method, a business makes an adjusting entry at the conclusion of each accounting period for the sum of the losses it expects to incur as a result of giving its clients credit.
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internal growth rate last year umbrellas unlimited corporation had an roa of 9.6% and a dividend payout ratio of 50.4%. what is the internal growth rate? multiple choice 2.13% 1% 92.16% 5%
The internal growth rate is 5%. IGR is calculated as the Net Income rate Retained Earnings and the Net Income Total Assets. The Retention Ratio ROA = IGR .
The highest rate of growth Income a company can experience without outside funding is known as its internal growth rate (IGR). The sales growth rate that can be supported without external finance is referred to as the internal growth rate. The internal growth rate is significant because it gauges a company's capacity to boost sales and profits without issuing new stock or taking on additional debt, which is particularly crucial for start-ups and smaller enterprises.
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a monopolistic competitor will engage in advertising in order to: a reduce excess capacity. b collude more effectively with other firms. c decrease marginal costs of production. d increase demand for its product. e produce on the upward-sloping portion of its atc curve.
A monopolistic competitor will engage in advertising in order to d) increase demand for its product.
A monopoly is the type of imperfect competition wherein a dealer or manufacturer captures the majority of the market percentage because of the lack of substitutes or competitors. A monopolistic opposition is a sort of imperfect opposition in which many sellers try to capture the market percentage by way of differentiating their merchandise.
Monopolistic markets are markets where a certain service or product is offered by means of only one enterprise. A monopolistic market shape has the features of a natural monopoly, in which a single agency fully controls the market and determines the supply and charge of a services or products.
Antitrust legal guidelines ensured that those trusts had been dissolved to promote wholesome competition. From a felony angle, is not an excellent monopoly in any of its commercial enterprise gadgets. There are competition for the whole lot from browsers and smartphones to virtual advertising and marketing structures.
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What has prevented you from saving money in the past? based on what you’ve learned, what can you do to change this?.
Whether or not you pick to pay off the very best interest-fee money owed first or pay down the smallest balances first, it is essential that you decide to pay it all off.
The faster you unfastened yourself of debt, the more money you'll lose to meet your financial savings desires.
Every other impediment to saving money can be a lack of economic literacy. It's imperative to enhance your economic knowledge due to the fact that frequently parking all your cash in a financial savings account will now not be enough.
Reasons why you ought to save money
monetary independence.dwelling debt-loose.unforeseen fees.buying a home.shopping for a car or different big-price ticket purchases.medical emergencies.making plans for your retirement.constructing a college fund for your children.Learn more about interest here: https://brainly.com/question/24924853
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julie orzabal deposits $5000 in a savings account offering 5.125 percent compounded daily. assuming she makes no further deposits, what will be the balance in her account after 5 years?
The balance in her account after 5 years is calculated to be $6460.25 if she deposits $5000 in the saving account.
The balance in her account can be determined by using the formula of compound interest;
A = P[1 + (r/n)]^nt
Here A represents the final amount, P represents the initial balance, r represents the interest rate, n represents the number of times interest was applied per time period and t represents the number of time periods that have passed
As she deposited $5000 in the savings account offering 5.125% compounded daily, substituting these values in the equation as follows;
A = 5000 [1 + (0.05125/365)]^(5)(365)
A = 5000 [1 + (0.000140411)]^1825
A = 5000 (1.000140411)^1825
A = 5000 × 1.29205
A = $6460.25
Hence, the balance in her account will be $6460.25 after 5 years.
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according to the corporate governance task force (cgtf), during which phase of the ideal model and framework does the organization plan the specifics of how it will reach its destination?
According to the Corporate Governance Task Force (CGTF), during the Ideal Formation Model and Framework phase, the organization plans specifically how it will achieve its objectives.
Organization is a place or place for a group of people to work together in a rational and systematic, controlled, and guided manner to achieve a certain goal by utilizing existing resources. In general, organizations will utilize certain resources in order to achieve goals, such as; money, machines, methods/methods, environment, human resources, and other resources, which are carried out in a systematic, rational, and controlled manner. Referring to the understanding of the organization, organizational goals do not only focus on achieving the company's vision and mission, but also increasing income that exceeds production costs. This is what distinguishes profit and non-profit organizations.
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after the lehman brothers collapse, the federal reserve stood ready to lend financial institutions funds. when the federal reserve did this, it was acting in its role as a lender of last resort. which type of group has this role? informal institution nongovernmental organization formal institution government agency g
When financial institutions are unable to obtain funds from other sources, they must borrow from the lender of the last resort.
What is financial institutions?
A financial institution (FI) is a firm that deals with finances and monetary transactions such deposits, loans, investment, and currency exchange. Financial institutions include a wide range of financial services business operations such as banks, thrift institutions, insurance firms, brokerage firms, and asset dealers. Almost everyone in a developed economy necessitates the assistance of financial institutions on a regular or at least periodic basis. Most people are served by financial institutions in some way, as business statements are a crucial aspect of any society, with individuals and businesses relying on banking firms for payments and investing. Because banks and other financial institutions play such an important role in the economy, governments believe it essential to control and regulate them.
Lender of last resort provides funds to qualifying financial institutions. The country's Central Bank is usually the lender of last resort. They are known as lenders of last resort because they bail out significant financial institutions in severe financial conditions when it becomes impossible for the institutions to raise capital. The Fed is not a government agency or an informal organization. It is not a ngo because its functions are fundamentally different from those of a ngo. As a result, option a) Formal Institution is the correct answer.
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after meeting with the borrowers to complete a loan application, you return to your office and order a tri-merge credit report. now that you have a credit report, what loan disclosure must you now prepare and mail (or give) to them?
The application given is known as Notice to Home Loan Applicant
"In connection with your application for a house loan, the lender must disclose to you the score that a consumer reporting agency gave to users and the lender utilised in connection with your home loan, and the important variables affecting your credit scores." says the notice to the home loan applicant.What is the credit disclosure form for applicants?
In a nutshell, this disclosure contains information on the applicant's credit score, the range of potential scores, significant factors that negatively impacted the applicant's credit score, the date the score was delivered, and the name of the person or organisation that gave the score.
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the east company manufactures several different products. unit costs associated with product ord210 are as follows: direct materials $54 direct manufacturing labor 8 variable manufacturing overhead 11 fixed manufacturing overhead 25 sales commissions (2% of sales) 5 administrative salaries 12 total $115 what are the inventoriable costs per unit associated with product ord210?
The inventoriable cost per unit associated with product ord210 is $98.
What are inventoriable costs?Inventoriable costs are described as the costs that are linked with the manufacture of a product and selling them. The constituents of inventoriable costs include factory overheads, direct expenses, direct labor, and direct materials.
Given that,
Direct materials = $54
Manufacturing labor = $8
Variable manufacturing overhead = $11
Fixed manufacturing overhead = $25
Inventoriable costs = Direct materials + Manufacturing labor + Variable manufacturing overhead + Fixed manufacturing overhead = 54 +8+11+25 = $98
It can be concluded that the inventoriable cost per unit associated with product ord210 is $98.
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ased on the free cash flow valuation model, the value of weidner co.'s operations is $1,200 million. the company's balance sheet shows $80 million in accounts receivable, $60 million in inventory, and $100 million in short-term investments that are unrelated to operations. the balance sheet also shows $90 million in accounts payable, $120 million in notes payable, $300 million in long-term debt, $50 million in preferred stock, $180 million in retained earnings, and $800 million in total common equity. if weidner has 30 million shares of stock outstanding, what is the best estimate of the stock's price per share? a. $27.67 b. $30.43 c. $33.48 d. $24.90 e. $36.82
The best estimated stock price per share of free cash flow valuation model = $27.67
Free cash flow :
Free cash flows( FCF) from operations is the cash that a company has left over to pay back stakeholders similar as creditors and shareholders. Because Free cash flow represents a residual value, it can be used to help value pots.
Evaluation :
the value of Weidner Co.'s operations = $1,200 million
accounts receivable = $80 million
short-term investments = $100 million
accounts payable = $90 million
notes payable = $120 million
long-term debt = $300 million
preferred stock = $50 million
retained earnings = $180 million
total common equity = $800 million
shares of stock outstanding = 30 million
Now,
The total intrinsic value = value of operation + short-term investments
The total intrinsic value = $1200 million + $100 million
= $1300 million
Thus,
the total value of the equity = Total intrinsic value - Debt - preferred stocks - notes payable
The total value of the equity = $1300 million - $300 million - $50 million - $120 million
= $830 million
therefore,
the stock's price per share = Total value of equity ÷ Total outstanding stock
= 830 million ÷ 30 million
= $27.67.
Hence , the stock price per share = $ 27.67
Stock price :The market price per share of stock, or the" share price," is the most recently price that a stock has traded for. It's a function of request forces, being when the price a buyer is willing to pay for a stock meets the price a dealer is willing to accept for a stock.
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Equipment costing $20,000 with $17,800 of accumulated depreciation is sold for $2,500 cash. The journal entry will involve a ________.
Accumulated depreciation, which is included in the long-term assets section of a balance sheet, reduces a capital asset's net book value.
The journal entry involve Credit portion
What is Accumulated depreciation?
The total amount of depreciation that has been applied to an asset up to a certain point is known as accumulated depreciation. The initial cumulative depreciation amount is increased by the depreciation expense for each period.
Accumulated depreciation is the cumulative amount of depreciation that has been subtracted from an asset's value. Fixed assets are denoted as a debit on the balance sheet, and accumulated depreciation is denoted as a credit to balance the asset.
Throughout the asset's useful life, accumulated depreciation is recorded as a credit. When an asset is sold or retired, accumulated depreciation is recorded as a debit against the asset's credit value. The net income is unaffected.
17800 x 1/20000 x 2500
Accumulated depreciation = 2225
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1. burton electronics produces radios, computers, and navigation systems. although all high level decisions are made at company headquarters by top management, rapid expansion and increasingly specialized products have caused the company to consider decentralizing into three divisions (i.e., radios division, computers division, and navs division). each division manager would be responsible for costs, revenues, and investments in assets. a) how should the company classify the three divisions, as cost centers, profit centers, or investment centers? explain. (10.2) b) what are the potential advantages of decentralizing? (10.1) c) what are the potential disadvantages of decentralizing? (10.1)
All three centres will be in charge of cost and revenue management. A profit centre is a division that is in charge of managing both costs and revenues. It is the investment centre because all high-level decisions are made at headquarters.
What is revenue?
Revenue is the money earned through routine business operations and is calculated by multiplying the average sales price by the number of units sold. Net income is calculated by subtracting costs from the top line (or gross income). On the income statement, revenue is also referred as sales. Revenue is the money generated into a firm by its operations. Depending on the accounting method used, there are various methods for calculating revenue. Accrual accounting will treat credit sales as revenue for products or services given to the customer. Revenue is recognised even if compensation has not yet received under certain rules.
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what kinds of industries tend to be better performers in the medium to long term? why? what kinds of industries tend to do poorly in the medium to long term? why?
The financial sector, the industrial sector, and capital goods appear to be on track for success in 2022.Pharmaceuticals are also trying to make a name for themselves, and some experts have bet on cars and real estate, while others have advised against it.
What is an expanding industry?A sector of an economy that grows at a faster rate than the average than other sectors is called a growth industry. The majority of growth industries are brand-new or pioneering sectors that did not previously exist. Demand for brand-new goods and services from businesses in the sector is the driving force behind their expansion. The technology industry is an illustration of a growing industry because of the success of its products, which has resulted in stock market valuations of multibillions of dollars for tech companies.
Characteristics of Growth IndustriesCompanies in an industry that consistently and rapidly increase their sales and invest a lot are two examples of growth industries. This frequently comes with a lot of press hype. Growth industries typically consist of stocks that are risky and relatively volatile. In order to share in the potential substantial gains, investors frequently are willing to take on more risk.
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how was the invention of the printing press disruptive to previous norms? for example: information creators, control of information, information consumers, etc.
In the 15th century, people were able to share knowledge more quickly and widely thanks to an invention. Civilization has never wavered.
The saying goes that knowledge is power, and the mechanical movable type printing press made it easier and faster to spread knowledge.
How was information altered by the printing press?The unprecedented dissemination of ideas and information was made possible by the mass production of printed materials. Because it gave people access to new information, it is one of history's most significant inventions.
How did the printing press contribute to the dissemination of information and news?Newspapers were published and public debates took place as printing spread. The reformers and leaders were able to easily spread their ideas. Novelists and poets could also write about and convey their emotions, which could now reach a wider audience.
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