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3 years ago

When calculating interest accrued you should? ____

1 answer:

6 0

<span>The correct answer is APR, which stands for Annual Percent Rate. This is the percent rate for the amount of money that you owe for that year only in interests. It comes as a bonus over the loan and usually the banks have you pay the interest before you pay the loan because banks give money to others based on the interest that you pay, and the circle goes on and on.</span>

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You are considering investing in the stock of PartyWagon, Inc. You expect a dividend of $1.25 next year, $1.31 in year 2, and $1

stich3 [128]

Answer: 29.93%

Explanation:

You can use Excel to solve for this.

Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).

Initial investment = $32

First cashflow = $1.25

Second cashflow = $1.31

Third cashflow = $1.38 + $65 selling price = $66.38

IRR = 29.93%

6 0

3 years ago

In periods of rising prices when lifo is used, companies avoid reporting a ________ because a portion of the gross profit must b

Marysya12 [62]

By the use of Lifo in a period where the prices rise, companies avoid to report paper profit, also called phantom profit, as economic gain. Have in mind that in periods of changing prices, the cost flow assumption can have a significant impact onincome and on evaluations based on income. That is why when Lifo is used the companies tend to <span>report the lowest net income </span>

8 0

3 years ago

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

eduard

Answer:

$480,000 and $125,000

Explanation:

The computation of the divisional income from Retail division and Commercial division is shown below:

Hardy Corporation

Divisional Income from operations

Particulars Retail Division Commercial Division

Sales $2,150,000 $1,200,000

Less: Cost of goods sold $1,300,000 $800,000

Gross profit $850,000 $400,000

Less:-Selling expenses $150,000 $175,000

Other expenses $220,000 $100,000

($320,000 × 2750 hours ÷ 4,000 hours) (320000 × 1,250 hours ÷ 4000 hours)

Income from operations $480,000 $125,000

We simply deduct the all expenses from the sales so that the divisional income from operations could come

3 0

3 years ago

A CFP professional is a Registered Investment Advisor managing 120 million in assets. One of his clients sends a complain letter

irinina [24]

SEC reviews the information and have the authority of regulatory disclosure for the ADV.

<h3>What is SEC and how it works?</h3>

SEC is a Securities and Exchange Commission in United States who regulates the nation's securities industries.

The basic functions of the SEC is to protect the investors, capital formation and maintain the fairness in the market.

SEC is the governing body which has the authority in the case of ADV form.

Learn more about the ADV form here:-

brainly.com/question/14326387

#SPJ1

4 0

2 years ago

Galan Associates prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,23

const2013 [10]

Answer:

D) $18,334

Explanation:

The computation of the long term debt is shown below:

Long term debt = Total assets - current liabilities - stockholder equity

where,

Total assets = Cash + inventory + account receivable + net fixed assets + other assets

= $1,234 + $13,480+ $7,789 + $42,331 + $1,822

= $66,656

Current liabilities = Account payable + notes payable

= $9,558 + $2,756

= $12,314

The stockholder equity is

= Common stock + retained earnings

= $22,000 + $14,008

= $36,008

So, the long term debt is

= $66,656 - $12,314 - $36,008

= $18,334

6 0

4 years ago