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2 years ago

Why do corporations pay attention to what is happening to their stock in the secondary market

Business

1 answer:

bagirrra123 [75]2 years ago

3 0

Answer:

The existence of the secondary market makes their stock more liquid and the price in the secondary market sets the price that the corporation would receive if they choose to sell more stock in the primary market.

Explanation:

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Which of the following explains why the aggregate demand curve is downward sloping?a. The interest rate effectb. The real balanc

pishuonlain [190]

<u>Answer: </u>

The interest rate effect explains why the aggregate demand curve is downward sloping.

<u>Explanation: </u>

The interest rate effect proposed by Keynes suggests the reasons for why is the aggregate demand curve downward sloping.
It states that, when the interest rates are low, people choose to invest owing to the decreased costs of investment. This investment stimulates a drop in the levels of price.
The dropped prices thus increase the aggregate demand for the commodities of which the price has dropped.

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3 years ago

Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock for $600,000 on January 2, 2018. Du

Kisachek [45]

Answer:

The answer is c. $600,000

good luck ❤

7 0

3 years ago

On July 1, 2020, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $5,100,000. The county

vampirchik [111]

Answer:

Dr Taxes Receivable- Current $5,100,000

Cr Allowance for Uncollectible Current Taxes $153,000

Cr. Revenues $4,947,000

Dr Cash $4,755,000

Cr Taxes Receivable-Current $4,755,000

Dr Taxes Receivable-Delinquent $345,000

Dr Allowance for Uncollectible Current Taxes $153,000

Cr Taxes Receivable-Current $345,000

Cr Allowance for Uncollectible Delinquent Taxes $153,000

(3%*$5,100,000)

Dr Interest & Penalties on Delinquent Taxes $15,400

Cr Allowance for Uncollectible Interest and Penalties $2,150

Cr Revenues $13,250

Dr Cash $63,200

Cr Taxes Receivable-Delinquent $57,500

Cr Interest & Penalties Receivable on Taxes $5,700

Explanation:

Preparation of the journal entries to Record entries for the transactions as stated and to Prepare the journal entries to record the tax levy on July 1, 2020, in the General Fund

Dr Taxes Receivable- Current $5,100,000

Cr Allowance for Uncollectible Current Taxes $153,000

(3%*$5,100,000)

Cr Revenues $4,947,000

($5,100,000-$153,000)

Dr Cash $4,755,000

Cr Taxes Receivable-Current $4,755,000

Dr Taxes Receivable-Delinquent $345,000

$5,100,000-$4,755,000)

Dr Allowance for Uncollectible Current Taxes $153,000

(3%*$5,100,000)

Cr Taxes Receivable-Current $345,000

Cr Allowance for Uncollectible Delinquent Taxes $153,000

(3%*$5,100,000)

Dr Interest & Penalties on Delinquent Taxes $15,400

Cr Allowance for Uncollectible Interest and Penalties $2,150

($15,400-$13,250)

Cr Revenues $13,250

Dr Cash $63,200

( $57,500+$5,700)

Cr Taxes Receivable--Delinquent $57,500

Cr Interest & Penalties Receivable on Taxes $5,700

7 0

3 years ago

Which statement is true?

gulaghasi [49]

the statement that is true is c

7 0

3 years ago

Read 2 more answers

You have decided that you want to be a millionaire when you retire in 45 years. If you can earn an annual return of 11%, how muc

bagirrra123 [75]

Answer:

If you earn an annual return of 11%, then you need to invest 9,129.89

If you earn an annual return of 5.5%, then you need to invest 89,875.08

Explanation:

We will calculate the first years in order to try to find a pattern. Let x be the initial investment.

1st year. We have our original amount of money plus the 11% of the original amount.

x + 0.11x = 1.11x

2nd year. We have the amount of money we had the 1st year plus the 11% of that amount.

1.11*x + 1.11*x*(0.11) = 1.11x*(1+0.11) = 1.11*x*(1.11) = (1.11^2)*x

3d year.

(1.11^2)*x + ((1.11^2)*x)*.11 = (1.11^2)*x*(1+0.11) = (1.11^2)*x*(1.11) = (1.11^3)*x

We can already see a pattern and say that, at year n, we will have:

(1.11^n)x

If we want to have 1,000,000 at age 45, then we just have to write the equation:

(1.11^45)=1 000 000

Solving for x we get that: x = 9,129.89

In an analogous way, we can write an equation for the case when the annual return is 5.5, in the following way:

(1.055^45)=1 000 000

Solving for x we get that: x = 89,875.08

5 0

3 years ago