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Brums [2.3K]
3 years ago
8

Nichols Enterprises has an investment in 26,000 bonds of Elliott Electronics that Nichols accounts for as a security available f

or sale. Elliott bonds are publicly traded, and The Wall Street Journal quotes a price for those bonds of $14 per bond, but Nichols believes the market has not appreciated the full value of the Elliott bonds and that a more accurate price is $24 per bond. Nichols should carry the Elliott investment on its balance sheet at:
Business
1 answer:
Crazy boy [7]3 years ago
4 0

Answer:

$ 364,000

Explanation:

Given;

The number of bonds in which investment is made = 26000

Quote price of the bond = $ 14 per bond

Actual price of the bond = $ 24

Now,

the investment amount is carried out using the quote price of the bonds in the balance sheet

therefore,

Nichols should carry the Elliott investment on its balance sheet as :

= number of bonds invested × quote price of the bond

or

= 26000 × $ 14

or

= $ 364,000

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bulgar [2K]

There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.

<h3>What is the impact of technological improvement?</h3>

Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.

A  technological improvement in the production of  a good would make it easier to produce a good. Thus, the supply curve would move forward.

Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product.  Equilibrium price would decrease.

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3 0
2 years ago
Each of the following factors affects the weighted average cost of capital (WACC) equation. Which are factors that a firm cannot
QveST [7]

Answer:

-Tax rates

-The general level of stock prices

Explanation:

The factors that a firm cannot control are the ones that it has no power to decide and they are determined by a third party. According to that, from the options given, the factors that the firm cannot control are tax rates because they are established by the government and the general level of stock prices because it is determined by the supply and demand in the market.

The other options are not right because the company  can establish its process to evaluate investments and expenses and how to finance its assets with debt and equity.

7 0
3 years ago
Instruments had retained earnings of $ 390 comma 000 at December​ 31, 2017. Net income for 2018 totaled $ 220 comma 000​, and di
VashaNatasha [74]

Answer:

The retained earnings should Quartz report at December​ 31, 2018 is $570,000

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In this question, we apply the retained earnings equation which is shown below:

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Pam and Marian have formed a limited partnership in the state of Massachusetts. Their business does well, and as it continues to
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If Pam and Marian are successful in their application to New Hempshire and Connecticut, they will get a Certificate of Registration.

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If Pam and Marian are cleared by the Connecticut and New Hampshire states, they will get Certificates of Registration.

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8 0
2 years ago
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Answer: (A) Market maturity

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Therefore, Option (A) is correct.  

8 0
3 years ago
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