Answer:
55,000 shares
Explanation:
Given that
60000 shares were originally given
5000 were subsequently reacquired
Thus. Net number of shares issued
= number of shares originally issued - number subsequently reacquired
= 60000 - 5000
= 55,000
Number of outstanding shares therefore is 55,000.
NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.
Answer:
it will pay an amount of $21107986.18
Explanation:
firstly we will be using the present value annuity formula to calculate how much will the first payment be for the annuity as there will be 30 annual payments of the lotto amount so :
Given $365000000 which is the present value of the annuity Pv.
Interest that will be gained from saving the money which is 4% per annual (i)
now we also have 30 annual payments which is our n
we are looking to find C the monthly payments .
we will now substitute these values to the formula which follows and solve for C:
Pv = C[(1-(1+i)^-n)/i]
365000000 = C[(1-(1+4%)^-30)/4%] then we divide both sides with what multiplies C
$365000000/ [(1-(1+4%)^-30)/4%] = C
$21107986.18 = C
This is the first payment that the power ball winner will get.
Answer:
7 hours (if the question asked us how many hours he spent without adding the value of the minutes).
Explanation:
From 7 a.m. to 2 pm its 7 hours.
The remainder is 45 minutes.
7 hours + 45 minutes.
If it's in hours it'll be 7 hours. If the question asked hours and minutes it would be 7 hours and 45 minutes.
Answer:
The total surplus from Andrew's sale to Nick is $35.
Explanation:
The total surplus is the sum of producer surplus and consumer surplus.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he/she actually has to pay.
While producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he/she actually gets.
Consumer surplus for Nick
= $80 - $60
= $20
Producer surplus for Andrew
= $60 - $45
= $15
Total surplus from generated from Andrew's sale to Nick
= $20 + $15
= $35
Answer:
$1,061.28
Explanation:
We need to calculate the present value of the bond using the minimum effective rate of 7.1225%
First we calcualte the present value of an annuity of $80 for 10 years
PV = $558.72
Then we calculate the $1,000 in 10 years present value
PV = $502.57
Then we add both values
$502.57 + $558.72 = $1,061.28
This will be the present value AKA market price which yields the minimun rate of 7.1225%
