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2 years ago

What change in the book value of the company's equity took place at the end of ?

Business

1 answer:

Dmitriy789 [7]2 years ago

5 0

What change in the book value of the company's equity took place at the end of previous year, and was negative.

The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative. Change in book value = 1638+456 = 2094 billion

What is book value of equity?

The amount of money left over after a company's assets have been liquidated and any outstanding debts have been settled using the profits from the sale is known as the book value of equity, or "Shareholders' Equity."

Therefore,

The book value of equity decreased by $2.094 billion compared with that at the end of previous year, and was negative. Change in book value = 1638+456 = 2094 billion

To learn more about book value of equity from the given link;

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3 years ago

Consider the following five situations. In which situation would a borrower be best off and in which situation would a lender be

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Answer:

The borrower is best off in situation "a" and the lender is best off in situation ▼ "C" .

Explanation:

Considering all the situations given in the options, the borrower is best in situation a and lender is best off in situation in c.

Part a

Real Interest rate = Nominal Interest rate - Inflation rate = 14 - 17 = -3 per cent. Thus, the purchasing power of money has fallen and the person has to pay back money with little purchasing power as compared to the value of the purchasing power at the time he borrowed money. Thus, borrowers are best off.Thus, borrower is best off when the inflation rate is very high.

Part c

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3 years ago

Difference between disposition and sentencing

Vladimir79 [104]

Disposition means: a person's inherent qualities of mind and character.

And sentencing means: declare the punishment decided for (an offender

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3 years ago

Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-an

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Answer:

Explanation:

a. What was the gross pay for regular hours?

This will be the regular pay multiplied by the regular hours. This will be:

= $12.50 × 40

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Cody's overtime wages will be the total amount earned during overtime. This will be:

= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]

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= $187.50 + $225.

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The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:

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3 years ago

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3 years ago