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3 years ago

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Montana company was authorized to issue 125,000 shares of common stock. the company had issued 54,000 shares of stock when it pu

rchased 8,500 shares of treasury stock. the number of outstanding shares of common stock was:

1 answer:

ycow [4]3 years ago

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What is market penetration

nalin [4]

Answer:

the extent to which a product is recognized and bought by customers in a particular market.

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3 years ago

Use the following compound interest formula to complete the problem. A = P (1 StartFraction r over n EndFraction) superscript n

Tatiana [17]

Credit cards are the card which is given by banks to the customers for withdrawing some amount beyond the account balance. The card I's is increased by $1579.3 than card H.

<h3 /><h3>What is a credit card?</h3>

A credit card refers to a payment mechanism that helps both consumer and commercial business proceedings, including purchases and cash advances.

Computation of credit card's balance:

<u>Amount of </u><u>Card H </u><u>after 3 years:</u>

Given,

Principal(P) = $1,186.44

Interest Rate(r) = 14.74%

Number of time period(n) = 3 years.

Applying the above values in the formula given in the question:

$\text{A} = \text{P}(1+ \dfrac{r}{n} )^n^t\\\\\\\text{A} =\$1,186.44(1+ \dfrac{14.74\%}{3} )^3\\\\\\\text{A}= \$1792.2$

<u>Amount of</u><u> Card I </u><u>after 3 years:</u>

Principal(P) = $1,522

Interest Rate(r) = 12.05%

A number of the time periods (n):

$12\text{Months}\times3\text{Years} = 36 \text{Months}$

Again, apply the above values in the formula given in the question:

$\text{A} = \text{P}(1+ \dfrac{r}{n} )^n^t\\\\\\\text{A} =\$1,522.16(1+ \dfrac{12.05\%}{12} )^3^6\\\\\\\text{A}= \$3,371.58$

Now we take the difference between both the credit cards, we have:

$\text{Amount of Credit Card I}-\text{Amount of Credit Card H}\\\\=\43,371.58-\$1,792.2\\\\=\$1,579.38$

Therefore, card H's balance is decreased by $1579.3 than a card I.

Learn more about credit cards, refer to:

brainly.com/question/14716152

4 0

2 years ago

There are more corporations in this country than any other business structure.<br> OTrue<br> O False

Ket [755]

It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.

6 0

3 years ago

Read 2 more answers

Maximum diversification benefit can be achieved if one were to form a portfolio of two stocks whose returns had a correlation co

lisov135 [29]

Answer:

-1.0

Explanation:

Diversification in a portfolio refers to spreading investments in such a way so as to minimize risk.

The correlation coefficient r between two securities signifies how return from one security is related with another security. For example, two securities of the same sector may move in the same direction or positively correlated as in if price of one rises, the price of other rises too maybe not by the same margin.

In case of a negative correlation, the security returns move in opposite directions i.e the securities are least related to one another.

Maximum diversification is achieved when r is equal to -1 i.e the two stocks move in opposite direction by the same magnitude.

4 0

3 years ago

If an economy operates at a point within its production possibilities curve, Question 20 options: it lacks the resources necessa

ANEK [815]

Answer:

It is not efficiently using all of its resources.

Explanation:

PPC is the graphical representation of product combinations that an economy can produce, given resources & technology.

Points on PPC reflect the best potential production of economy, by best efficient utilisation of available resources & technology.
Any point under PPC reflects production under best potential of economy, by inefficient utilisation of resources.
Points beyond PPC are unattainable, unless growth in either resources/ technology shifts the PPC curve outwards.

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3 years ago