Answer:
a. ABC Inc.
Explanation:
The degree of financial leverage is expressed by the following formula,
= 
The ratio represents the relationship between net operating profits and profits after financial fixed costs.
Higher the degree of financial leverage, higher will be the financial risk.
In the given case, ABC Inc.'s degree of financial leverage is higher which suggests that ABC has employed more of debt in it's financial structure owing to which higher fixed cost obligations in the form of interest payments have been created.
Thus, ABC Inc. will have a greater financial risk.
Suburbanization of business changed America by an increase in the purchasing power of the people who migrated from major city areas and also the factor of the low cost of living boosted the development of all business ventures in Suburban areas.
Explanation:
With the advent of social inequality, population pressure and inefficiency of resources, the position of business operations witnessed many people change their occupation. As the sudden increase in the value of the housing property, Middle-class people have started to move to suburban areas. The cheaper house prices changed the favorable situation of migration.
US citizens of the main cities have experienced many health issues due to the bad effects of pollution. It also urged many business people to change their action plan of setting their business in local suburb areas to mark the identity of suburbanization.
Answer:
d. Dr. Investment in Intel $450,000 Cr. Net unrealized holding gains/losses - (P&L) $450,000
Explanation:
Adjusting journal entry
Date Account titles and Explanation Debit Credit
Dec 31 Investment in Intel $450,000
[($23-$20)*150000 shares]
Net unrealized holding gains/losses (P&L) $450,000
<span>Grocery,
inc., and Dave's market enter into a contract for the delivery of
locally grown produce. The parties use a standard grocery, inc. form
that contains some of the terms the parties agree on but not others.
some of the produce spoils before it can be sold. Dave's refuses to pay
for the spoiled goods. Grocery, inc. files a suit against Dave's,
claiming that the buyer assumed the risk of the spoilage of the unsold
produce. The court may allow evidence of this term if it finds that the
parties' contract is not fully integrated.</span>
Answer:
$850
Explanation:
Price per share = $6,000 ÷1,000 = $6
Number of shares repurchased = $900 ÷$6 = $150
New number of shares outstanding = $1,000 - $150 = $850
Therefore $850 shares of stock will be outstanding after the stock repurchase is completed
