Answer:
June 30, repurchase of 100 shares:
Dr Treasury stock 4,000
Cr Cash 4,000
Explanation:
The other journal entries should be as follows
July 20, resale of 50 shares:
Dr Cash 2,300
Cr Treasury stock 2,000
Cr Additional paid in capital 300
August 1, resale of 20 shares:
Dr Cash 760
Dr Additional paid in capital 40
Cr Treasury stock 800
Answer:
the question is missing the numbers, so I looked for a similar question:
Suppose you receive $100 at the end of each year for the next three years. a. If the interest rate is 8%, what is the present value of these cash flows? (Answer: $257) b. What is the future value in three years of the present value you computed in (a)? (Answer: $324.61) c. Suppose you deposit the cash flows in a bank account that pays 8% interest per year. What is the balance in the account at the end of each of the next three years (after your deposit is made)? How does the final bank balance compare with your answer in (b)?
a) PV = $100/1.08 + $100/1.08² + $100/1.08³ = $257.71
b) FV = $257.71 x (1 + 8%)³ = $324.64
c) FV = ($100 x 1.08²) + ($100 x 1.08) + $100 = $324.64
it is exactly the same as the answer for (b)
Answer:
B: The net profit of installing the garage.
Explanation:
The opportunity cost is the next best thing that you could be doing but chose to give up in order to do something else. For example, if I chose to spend the day studying for a test, I won't have as much time to watch cat videos, hang out with my friends, or work on the website I'm coding. Since I love coding more than anything in the world, the time I could've spent coding is the opportunity cost of choosing to study.
A and C can be safely eliminated because they are describing the business expenses of the contractor, not what they could be missing out on if they choose to renovate the bathroom. In this case, D wouldn't make any sense since they wouldn't be missing out on any profits from the bathroom project at all. Therefore, the correct answer is B. The contractor can't be in two places at once, and by choosing the bathroom, they're passing up the opportunity to work on the garage and any resulting profits.
Answer:
c.4%
Explanation:
Based on the information provided within the question it can be said that the unemployment rate fluctuates but over time, always returns to a range of around 4%. Throughout history in the United States of America the unemployment rate has gone up and down with the times but always returns to normal. This normality is usually 3.9% with the lowest lately having been 3.6% in September of 2019.
Answer:
the investment's coefficient of variation is 1.25.
Explanation:
The coefficient of variation relates the units of return to the units of risk. It expresses the unit of risk per 1% of return as follows :
<em>Coefficient of Variation = Standard Deviation ÷ Return</em>
Therefore,
Coefficient of Variation = 10 ÷ 8
= 1.25
