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3 years ago

Economic stability is a benefit of technological advances. a. True b. False

2 answers:

8 0

Not necessarily. economic stability is a result of many factors that can contribute to the GDP of the economy. Although technological advances can help, it does not right away bring the economy stability as there are other factors involved so i would day false

mixas84 [53]3 years ago

7 0

Answer:

False

Explanation:

i just took the test

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At the start of 2018, Santana Rey is considering adding a partner to her business. She envisions the new partner taking the lead

GrogVix [38]

Answer:

a. see a. under the explanation below

b. see b. under the explanation below

c. 20%

Explanation:

a. 1:1 sharing agreement

A 1:1 sharing agreement implies that the new partner is also contributing the same amount which is the amount standing as equity for Santana Rey in Business Solutions as of January 1, 2018. That is, the new partner is to contribute $80,640 as capital.

The total capital will now be equal to $161,280 (i.e. $80,640 + $80,640)

The Journal entries is as follows:

In the book of the new partner:

DR CR

Business Solutions' Cash book $80,640

New Partner's bank account $80,640

Being capital contributed to join Business Solution

In the book of Business Solution:

DR CR

Cash book $80,640

New Partner's Capital account $80,640

Being capital contributed by the new partner to join Business Solution

(b) 4:1 sharing agreement

A 4:1 sharing agreement implies that the new partner will contribute one-quarter of $80,640 standing as equity for Santana Rey in Business Solutions as of January 1, 2018. This is calculated as follows:

Amount to contribute by the new partner = $80,640/4 = $20,160

This will make the total equity be $100,800 (i.e. $80,640 + $20,160)

The journal entries are presented as follows:

In the book of the new partner:

DR CR

Business Solutions' Cash book $20,160

New Partner's bank account $20,160

Being capital contributed to join Business Solution

In the book of Business Solution:

DR CR

Cash book $20,160

New Partner's Capital account $20,160

Being capital contributed by the new partner to join Business Solution

3. Prepare the January 1, 2018, journal entry required to admit a new partner if the new partner invests cash of $20,160.

(The journal entry will be the same as what we have in b above as presented below:

In the book of the new partner:

DR CR

Business Solutions' Cash book $20,160

New Partner's bank account $20,160

Being capital contributed to join Business Solution

In the book of Business Solution:

DR CR

Cash book $20,160

New Partner's Capital account $20,160

Being capital contributed by the new partner to join Business Solution

4. After posting the entry in part 3, what would be the new partner's equity percentage?

A contribution of $20,160 will make the total equity be equal to $100,800 (i.e. $80,640 + $20,160). As a result, the new partner's equity percentage is the new partner equity contributed divided by the new total of Business Solution’s equity multiply by 100. This is calculated as follows:

The new partner's equity percentage = ($20,160/$100,800) * 100

= 0.20 * 100

= 20%

I wish you the best.

8 0

3 years ago

Which one of the following is NOT an advantage of buyer's agency? The efforts that a buyer's agent exerts on behalf of the buyer

sasho [114]

"The use of a buyer's agent guarantees that the buyer will get a property for the lowest price possible" is NOT an advantage of buyer's agency.

It is true that the efforts that a buyer's agent exerts on behalf of the buyer cannot be compromised and that the buyers can freely communicate confidential information without fear that disclosing that information will weaken their negotiating position. The buyers will also have the benefit of a licensee's expertise in finding the right property, negotiating the purchase and attending to closing details.

However, using a buyer's agent won't guarantee that the buyer can get the best deal on a property; as a result, this is not one of the advantages of buyer's agency. The agent would only consider what is best for the buyer and not the cheapest.

Agents will also charge extra fees and commissions for representing their buyers. To avoid additional expenses, some buyers and sellers choose not to use an agent. In order to save more money and find a property for the lowest price, buyers should avoid using an agent and instead deal directly with the seller.

Learn what happens when there's no buyer agency agreement in place here: brainly.com/question/28066390

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4 0

1 year ago

The risk-free rate of return is 8%, the expected rate of return on the market portfolio is 15%, and the stock of Xyrong Corporat

koban [17]

Answer:

Risk-free rate (Rf) = 8%

Return on market portfolio (Rm) = 15%

Beta (β) = 1.2

Ke = Rf + β(Rm - Rf)

Ke = 8 + 1.2(15 - 8)

Ke = 8 + 1.2(7)

Ke = 8 + 8.4

Ke = 16.40%

Earnings per share (EPS) = $10

Current dividend paid (Do) = 40% x $10 = $4

Retention rate (b) = &6/$10 x 100 = 60% = 0.6

ROE (r) = 20% = 0.2

Growth rate (g) = b x r

= 0.6 x 0.2

= 0.12 = 12%

Current market price (Po)

= Do(1 + g)

Ke - g

= $4(1 + 0.12)

0.1640 - 0.12

= $4(1.12)

0.044

= $101.82

Explanation:

First and foremost, we need to calculate the cost of equity based on capital asset pricing model. Then, we will determine the growth rate, which is a function of retention rate (b) and return on equity(r).

Finally, we will calculate the current market price, which is dividend paid, subject to growth, divided by the excess of cost of equity over growth rate.

7 0

4 years ago

Other things the same, if the exchange rate changes from 30 thai bhat per dollar to 25 thai bhat per dollar, then the dollar has

Oxana [17]

Other things the same, if the exchange rate changes from 30 thai bhat per dollar to 25 thai bhat per dollar, then the dollar has been depreciated due to which less quantity could be purchased.

This is because of currency depreciation.

Currency depreciation is the fall in the value of a currency in terms of its exchange rate versus other currencies. Currency depreciation can occur due to many factors such as interest rate differentials, political instability, economic fundamentals, or risk aversion among investors.

Easy monetary policy and high inflation are two leading causes of currency depreciation. When interest rates are low, hundreds of billions of dollars chase the highest yield.

To know more about currency depreciation here:

brainly.com/question/17198286

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6 0

2 years ago

What is NOT affected by decisions of the federal Open Market Committee?

natka813 [3]

I believe the answer is: D. bond prices

Bond prices is determined by the mutual agreement between the company who issue the bond and the investors who bought them along with its value in the market. federal Open Market Committee only has the jurisdiction in United States Treasury securities and banking operation.

5 0

3 years ago

Read 2 more answers