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2 years ago

Which statement BEST argues that stock markets can be good for society?

1 answer:

6 0

The statement that BEST argues that stock markets can be good for society is: C. The stock market allows individuals to invest more money.

<h3>What is stock market?</h3>

Stock market can be defined as the market in which stock transaction is carried out based on the fact that the market is use for the buying and selling of stock.

Stock market makes it possible for investor to invest their money so as to generate more money.

Therefore the correct option is C.

Learn more about stock market here: brainly.com/question/690070

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On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

Nataliya [291]

Answer:

Carrying Value=$3,903,000

Explanation:

First we will calculate the face value:

Face value=4000*$1000

Face value=$4,000,000

Purchase Price= Bond Purchased price- Accrued Interest

Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

Discount Amortization=$1,000*3

Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

Carrying Value=$3,900,000+$3,000

Carrying Value=$3,903,000

7 0

3 years ago

A. Define progressive income tax. Briefly create a few numbers to explain it.

Arisa [49]

How do i sent it to you

4 0

3 years ago

Consider a Cobb-Douglas production function with three inputs. K is capital (the number of machines), L is labor (the number of

olga_2 [115]

Based on the above scenario, the production function is Y=K1/3L1/3H1/3.

<h3>What is production function?</h3>

The word production function is known to be an equation that is said to be the one that shows the relationship between the quantities of productive factors (that is labor and capital) that are said to be used and also the number of product that has been obtained.

Note that from the above, the equation that stands for Cobb-Douglas production function with three inputs. K is capital (the number of machines), L is labor, and H is human capital is Y=K1/3L1/3H1/3.

Learn more about production function from

brainly.com/question/25672041

3 0

3 years ago

Quincy has job offers in Brexington and across the country in Charlieville. The Brexington job would pay a salary of $50,000 per

Otrada [13]

Based on the CPI in both places, the Brexington salary in Charlieville is $30,000.

<h3>Brexington salary in Charlieville </h3>

This can be found by the formula:

= Brexington salary x CPI of Charlieville / CPI of Brexington

Solving gives

= 50,000 x (90 / 150)

= $30,000

In conclusion, option A is correct.

Find out more on CPI at brainly.com/question/512131.

3 0

3 years ago

At the beginning of fiscal 2017, Wooster Company acquired a small savings and loan association for $102 million. The book value

bija089 [108]

Answer:

C. $17.25 million

Explanation:

In case of an acquisition, the assets are valued at their fair value and we will also include all unrecorded liabilities. Goodwill will be the excess payment over the net assets of the company. Excess fair value of land means that assets would increase by that amount to arrive at their fair value. Also, We have to include unrecorded liabilities in the total liabilities

Net Assets = Fair value of assets - Total liabilities

Or, Net Assets = (Book value of assets + Excess Fair value of land) - (Book value of liabilities + unrecorded liabilities)

Or, Net Assets = ($261 million + $3 million) - ($172.50 million + $6.75 million) = $84.75 million

Amount paid to acquire = $102 million

Goodwill = $102 million - $84.75 million = $17.25 million

4 0

4 years ago