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ohaa [14]
3 years ago
14

Taylor Bank lends Guarantee Company $117,933 on January 1. Guarantee Company signs a $117,933, 9%, nine-month note. The entry ma

de by Guarantee Company on January 1 to record the proceeds and issuance of the note is
Business
1 answer:
sweet [91]3 years ago
5 0

Answer:

January 1, 202x, bank loan obtained from Taylor Bank (9 months, 9% interest rate)

Dr Cash 117,933

    Cr Notes payable 117,933

Explanation:

Since this is an interest bearing note that will be paid in less than a year, we should record it at face value. All current liabilities must be recorded at face value.

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Floyd Industries stock has a beta of 1.25. The company just paid a dividend of $.40, and the dividends are expected to grow at 5
stiks02 [169]

Answer:

5.62%

13.75%

Explanation:

According to the DDM method,

the value of a stock = [dividend x ( 1 + growth rate)] / [cost of equity - growth rate]

67 = 0.4(1.05) / r - 0.05

multiply both sides of the equation by r -0.05

67(r - 0.05) = 0.42

divide both sides of the equation by 67

r - 0.05 = 0.006269

r = 0.0563

= 5.63%

b. the cost of equity using the capm method =

risk free rate of return + beta x ( expected return - risk free return)

5% + 1.25 x (12 - 5) = 13.75%

3 0
2 years ago
Let's say that you choose to buy bread in a grocery store. According to the marginal benefit and marginal cost principle, how ma
snow_lady [41]
Six is your answer because if it cost $2.00 and you have 4 it makes sense
8 0
3 years ago
Debt Management Ratios Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2015. If the firm’s t
mezya [45]

Answer:

Equity Tiggie’s has on its balance sheet: $14,285,714 (round up $14,29 million)

Explanation:

The debt-to-equity (D/E) ratio compares a company’s total debt to its total equity and can be used to evaluate how much leverage a company is using.

Debt-to-equity ratio is calculated by using formula:

Debt-to-equity ratio = Total debt (or liabilities)/Total equity

From the formula, Total equity = Total debt/Debt-to-equity ratio

In Tiggie’s Dog Toys, Inc., debt-to-equity ratio of 1.75 times and total debt was $25 million at the end of 2015.

Total equity = $25,000,000/1.75 = $14,285,714 (round up $14,29 million)

6 0
3 years ago
Please help, I put 40 points.)
Wewaii [24]
I think the second one cause Lara study's new hybrid plants and that's what a plant scientist does and then Jon uses it to feed cattle and farmers have cattle
Sorry if wrong but I hope this helps
6 0
3 years ago
Read 2 more answers
Many restaurants roll out new ideas first in Orlando, Florida, a location that attracts a vast range of diverse tourists and thu
Alborosie

Answer:

Test marketing

Explanation:

Test marketing is a marketing strategy that is undertaken to assess how a product or service will be perceived by the larger market. A small number of representatives is chosen to try the new product or service before the product is launched to the larger market.

6 0
3 years ago
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