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3 years ago

A person who inherits a lot of money won't need financial literacy skills because he is already rich. A. True B. False

Business

2 answers:

yan [13]3 years ago

8 0

Answer:

False

Explanation:

I believe that when you inherit money from a deceased relative, its wise to seek literacy.

Svetradugi [14.3K]3 years ago

4 0

Answer: B. False

Explanation: They will need financial literacy skills. This means that they learn how to manage their money. Many people have gone bankrupt because they don’t know how to spend money and not to waste it.

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Over the years, Hampton Industries' stockholders have provided $40,000,000 of capital when they purchased new issues of stock an

11Alexandr11 [23.1K]

Answer:

Hampton Industries

Hampton's Market value added (MVA) is:

= $12,000,000

Explanation:

a) Data and Calculations:

Stockholders' Equity = $40,000,000

Common stock outstanding = 1,000,000

Market price per share = $52

Market capitalization = $52,000,000 ($52 * 1,000,000)

Market value added (MVA) = $12,000,000 ($52,000,000 - $40,000,000)

b) The market value added (MVA) is the difference between the market capitalization of Hampton's stock and the capital contribution of stockholders.

3 0

3 years ago

Schmid Corporation issues $450,000, 12%, 5minusyear bonds on January 1, 2019 for $439,000. Interest is paid semiannually on J

Mamont248 [21]

Answer:

$28,100

Explanation:

The computation of the bond interest expense is shown below:

= (Issued amount × interest rate) + (Issued amount - given amount) ÷ time period

= ($450,000 × 6%) + ($450,000 - $439,000) ÷ 10 years

= $27,000 + $1,100

= $28,100

In semi annual period, the interest rate is half and the time period is doubles and the same is shown

4 0

3 years ago

ABC company uses the equity method to account for its 40% interestt in voting stock of XYZ company. ABC paid $5,000,000 for inve

frutty [35]

Answer:

the end of year book value would be $5,160,000.

Explanation:

given data

equity method to account = 40%

ABC paid investment = $5,000,000

total book value = $6,000,000

solution

when there are more than 20% stake in other company

than we apply equity method

so here we use

Amount of investment = $5,000,000

Share in net incom (600,000 x 40%) = $240,000

Share in the dividend (200,000 x 40%) = -$80,000

Book value at the end of the year = $5,160,000

So the end of year book value would be $5,160,000.

3 0

3 years ago

In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks

RideAnS [48]

The principle where one firm's waste becomes the resource used by another firm is known as biomimicry.

<h3>What is biomimicry?</h3>

Biomimicry is when the waste products of one firm becomes the resource that is used by another firm for production processes.

An example of biomimicry is when the scrap metals that is used to produce a machine is used by another firm to make a product.

To learn more about biomimicry, please check: brainly.com/question/15300161

#SPJ1

3 0

3 years ago

Normative and positive statements

shepuryov [24]

Answer:

1. Breast cancer is the fifth most common cause of cancer death - Positive statement

2. For women aged 60 to 69, breast cancer screening significantly reduces breast cancer mortality - Positive statement

3. Doctors should encourage women aged 60 to 69 to be screened for breast cancer - Normative statement

4. The government should force doctors to encourage women aged 60 to 69 to be screened for breast cancer - Normative statement

3 0

3 years ago