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4 years ago

Can someone help me with number 8?!

Business

1 answer:

Arte-miy333 [17]4 years ago

7 0

Answer:

I’m pretty sure the answer is C or the 3rd circle, or at least that’s what I got. Hope this helps have a good day ;D

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Novak Corp. has these accounts at December 31: Common Stock, $12 par, 5,500 shares issued, $66,000; Paid-in Capital in Excess of

PSYCHO15rus [73]

Answer:

Total stockholders equity = $118,000

Explanation:

Novak Corp.

Balance sheet (stockholders' equity section)

As a December 31 20YY

Stockholders' equity

Common stock ($12 per, 5,500 share issued) = $66,000

Paid-in Capital in Excess of Par Value - Common stock = $19,000

Less: Treasury Stock (500 shares) = ($11,000)

Shares outstanding (5000 shares) = $74,000

Retained Earnings = $44,000

Total stockholders equity = $118,000

3 0

3 years ago

Select the correct answer.

Yuki888 [10]

Answer:

The answer is A

Explanation:

The downward sloping curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy.

7 0

3 years ago

Read 2 more answers

Assume that the economy is at equilibrium at $10 trillion, with a marginal propensity to consume of 0.75. If exports rise by $0.

Arlecino [84]

Answer:

Option (c) is correct.

Explanation:

Multiplier effect = 1 ÷ (1 - marginal propensity to consume)

= 1 ÷ (1 - 0.75)

= 4

Net exports = Exports - Imports

= 0.5 - 0.7

= (-0.2)

Impact on the equilibrium income = Net exports × Multiplier effect

= (-0.2) × 4

= (-0.8),

so, the equilibrium income will fall by $0.8 trillion.

7 0

4 years ago

Burkhardt corp. pays a constant $13.50 dividend on its stock. the company will maintain this dividend for the next eight years a

kogti [31]

Answer: Burkhardt Corp.'s current share price is $69.47.

The current share price of a stock can be viewed as the present value of its expected dividends.

In this case, the stock price will be the sum of the discounted value of the dividends over each of the next eight years.

Mathematically we can express this as:

$\mathbf{Current Price = \frac{D}{(1+r)^{1}}+\frac{D}{(1+r)^{2}}+\frac{D}{(1+r)^{3}}......+\frac{D}{(1+r)^{n}}}$

Substituting the values we get,

$Current Price = \frac{13.5}{1.11^1}+\frac{13.5}{1.11^2}+\frac{13.5}{1.11^3}+\frac{13.5}{1.11^4}+\frac{13.5}{1.11^5}+\frac{13.5}{1.11^6}+\frac{13.5}{1.11^7}+\frac{13.5}{1.11^8}$

Solving the above equation we get,

$\mathbf{Current Price = 69.47}$

7 0

3 years ago

Christie couldn’t afford to buy the expensive software needed to create a slide presentation. What is the best advice you can gi

lutik1710 [3]

The answer should be A. it’s the only one that would make sense

5 0

3 years ago

Read 2 more answers