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3 years ago

Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.

Business

1 answer:

kherson [118]3 years ago

4 0

Answer:

Loss

Explanation:

Because she started with 860.00 then ended with 300

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In a recent annual report, Rosh Corporation disclosed that 60,000,000 shares of common stock have been authorized. At the beginn

irina [24]

Answer:

33,880,934 stocks

Explanation:

total number of authorized stocks = 60,000,000

stocks issued at beginning of the year = 36,356,357

treasury stocks at beginning of the year = 7,171,269

net change in total stocks outstanding = additional shares issued - increase in treasury stocks = 558,765 - 3,034,188 = -2,475,423

total number of stocks outstanding = outstanding stocks at the beginning of the year + net change in stocks outstanding = 36,356,357 -2,475,423 = 33,880,934 stocks

7 0

3 years ago

* Question 29 of 50 > VA Check My Work You are considering buying a $700 refrigerator on an installment loan with nothing dow

shutvik [7]

Answer:

$105.

Explanation:

Since you are considering buying a $ 700 refrigerator on an installment loan with nothing down and 12 monthly payments of $ 72.92, and you could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $ 64.84 and your credit card company would also give you a cashback bonus of 1 percent for the purchase, to determine how much you would save by using the credit card the following calculation must be performed:

72.92 x 12 = 875.04

64.84 x 12 = 778.08

778.08 - (778.08 / 100) = 770.29

875.04 - 770.29 = 104.74

Thus, rounded to the nearest dollar, by paying with the credit card you would save an amount of 105 dollars.

8 0

3 years ago

Occasionally it is said that issuing convertible bonds is better than issuing stock when the firm's shares are undervalued. Supp

Debora [2.8K]

Answer:

Generally convertible bonds are cheaper than normal corporate bonds since the warrants that allow bondholders to convert them to stocks carry a price. If the stock price is undervalued, so will the warrants. This means that yes, the company will also lose money if they issue convertible bonds.

But what is really important here is what action results in the lowest loss. Issuing common stock will probably result in higher losses than issuing convertible bonds.

4 0

3 years ago

A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves

BlackZzzverrR [31]

Answer:

$11.98

Explanation:

A share of common stock just made a dividend payment of $1.00

The expected long-run growth rate of for this stock is 5.4%

= 5.4/100

= 0.054

The investors required rate of return is 14.2%

= 14.2/100

= 0.142

The first step is to calculate the dividend year 1(D1)

D1= Do(1+g)

= 1(1+0.054)

= 1×1.054

= $1.054

Therefore, the stock price can be calculated as follows

Po= D1/(rs-g)

= 1.054/(0.142-0.054)

= 1.054/0.088

= $11.98

Hence the Stock price is $11.98

3 0

3 years ago

Kristen and her brothers and sisters decided to form a partnership that specializes in home design of all types. One of their go

sattari [20]

Answer:

The correct answer is letter "C": There should be discussion and well understood ways that the partners will handle disagreements and have a written exit strategy.

Explanation:

The Model Business Corporation Act (<em>MBCA</em>) is a set of laws meant to regulate business practices. The Act or at least part of it is accepted by every state of the U.S. The MBCA goes over different topics related to the establishment of a corporation such as the steps related to creating the firm, the liability and its effects, corporate management structure and good practices to avoid internal misunderstandings.

3 0

3 years ago