What happens if you only pay the minimum amount towards your credit card bill?

Paper Express Company has a balance sheet which lists $85 million in assets, $40 million in liabilities, and $45 million in comm

hoa [83]

Answer:

$90

Explanation:

Based on the information given we were told that after the assets was replaced at the amount of $115 million, the Company market share price was the amount of $90 which simply means that Paper Express's market value per share will be the market share price of the amount of $90.

Therefore Paper Express's market value per share will be $90.

8 0

3 years ago

If the yield to maturity (the market rate of return) of a bond is less than its coupon rate, the bond should be:_______.a. selli

Bess [88]

Answer:

b. selling at a premium; i.e., the bond's market price should be greater than its face value.

Explanation:

In the case when the market rate of return or yield to maturity is lower than the coupon rate this represents that the bond sells at a premium i.e. the market price of the bond is more than the face value

Let us suppose the market price of the bond is $1,050

And, the face value is $1,000

So the bond is sold at a premium

hence, the correct option is b.

4 0

3 years ago

Software Distributors reports net income of 555,000. Included in that number is depreciation expense of 510.000 and aloss on the

Alex_Xolod [135]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $555,000

Adjustment made:

Add : Depreciation expense $510,000

Add: Loss on the sale of land $5,000

Add: Decrease in accounts receivable $25,000

Add: Decrease in inventory $515,000

Add: Increase in accounts payable $545,000

Total of Adjustments $1,600,000

Net Cash flow from Operating activities $2,155,000

The operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,

EBIT = Sales - cost of good sold - depreciation expense

These things are considered for computing the operating cash flows

7 0

4 years ago

If a Florida strawberry wholesaler operates in a perfectly competitive market, that wholesaler will have a ________ share of the

vodka [1.7K]

Answer:

small,

standardized

little, if any

Explanation:

A perfectly competitive market form is characterized by the following:

Large number of buyers and sellers: The number of sellers is so large that the output of a single seller is insignificant w.r.t the total industry output.
Homogeneous products: Firms produce exactly similar or homogeneous products w.r.t color, size or attributes.
Free entry and exit: There are no entry barriers so new firms can join the industry while loss making firms exit the industry.
Price takers: Since all sellers offer same products, the price is determined by the interaction of market forces of demand and supply and thus each firm represents a price taker.
Perfect knowledge on part of buyers

In the given case, since the strawberry wholsaler operates in a perfectly competitive market, she will have small and insignificant share of the market which means she cannot influence the price individually.

Also since all sellers sell the same product i.e strawberry, consumers will consider her strawberries to be standardized and there is little scope of advertising.

6 0

4 years ago

They have each been working full-time jobs on a design team for a high-tech firm. They decided to approach their manager with

harkovskaia [24]

Answer:

Job sharing

Explanation:

Job sharing here is a technique whereby the two people share a full-time job responsibilities into a part-time roster to finish off the job one person has been doing in a single full-time job. This redesign technique usually occurs where the workers are looking for a way to reduce their workload without quitting the job entirely or done to give more attention to a loved one at home.

7 0

3 years ago