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Cloud [144]
4 years ago
12

Financial accounting: Multiple Choice Provides information primarily for external decision makers. Provides information primaril

y for a company's employees. Provides information primarily for the use of managers of the company. Is primarily used to compute a company's tax obligation. g
Business
1 answer:
Natalka [10]4 years ago
7 0

Answer:

The correct answer is letter "A": Provides information primarily for external decision makers.

Explanation:

Financial Accounting is the method of gathering, recording, summarizing and publishing financial data on a company that is useful to <em>investors and creditors</em>. The ultimate goal is to accurately report a business' financial picture and results at a given point in time and over a specified period.

<em>Financial accounting output is a financial report containing different statements and explanatory notes.</em>

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J Corp. common stock is priced at $36.50 per share. The company just paid its $0.50 quarterly dividend. Interest rates are 6.0%.
viva [34]

Answer:

Explanation:

The time (T) = 6 months = 6/12 years  = 0.5 years

Interest rate (r) = 6% = 0.06

The stock is priced [S(0)] = $36.50

The price the stock sells at 6 months (V_c) = $3.20

European call (K) = $35

The price (P) is given by:

P=V_c+K.e^{-rT}-S(0)+Dividends\\But, Dividends = 0.5*e^{-0.25*0.06}+ 0.5*e^{-0.5*0.06}\\Therefore, P=V_c+K.e^{-rT}-S(0)+0.5*e^{-0.25*0.06}+ 0.5*e^{-0.5*0.06}\\Substituting:\\P=3.2+35*e^{-0.06*0.5}-36.5+0.5*e^{-0.25*0.06}+ 0.5*e^{-0.5*0.06}\\P=3.2+33.9656-36.5+0.4926+0.4852\\P=1.64

The price of a 6-month, $35.00 strike put option is $1.65

5 0
3 years ago
Twelve years ago, the Archer Corporation borrowed $6,200,000. Since then, cumulative inflation has been 80 percent (a compound r
miv72 [106K]

Answer:

(a) $3,444,444.44

(b) $11,160,000

Explanation:

(a) Effective purchasing power:

= Loan amount ÷ (1 + cumulative inflation rate)

= $6,200,000 ÷ (1 + 0.80)

= $6,200,000 ÷ 1.80

= $3,444,444.44

Therefore, the effective purchasing power of the $6,200,000 is $3,444,444.

(b) Lender should be repaid:

= Loan amount × (1 + cumulative inflation rate)

= $6,200,000 × (1 + 0.80)

= $6,200,000 × 1.80

= $11,160,000

7 0
3 years ago
True or false: Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate based
Masteriza [31]

There are different kinds of rules. Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate is a true statement.

<h3>What is Underapplied overhead?</h3>

This is known too be when the amount of a specific OH applied is said to be less than full amount of actual MOH for that specific period.

Overapplied overhead is known to be when the amount of OH applied is said to be more than full amount of actual MOH for that specific period.

Learn more about overapplied overhead  from

brainly.com/question/4930275

3 0
3 years ago
Which of the following conflicts led to an expansion of Presidential foreign policy power?
Tamiku [17]
They answer is Vietnam and world war 1
6 0
3 years ago
Kirova Company has provided the following information: Number of issued common shares, 990,000 Net income, $1,436,500 Number of
Anestetic [448]

Answer:

$1.7

Explanation:

From the question above Kirova company recorder the following information

Number of issued common shares is 990,000

Net income is $1,436,500

Number of authorized common share is 1,000,000

Weighted average income of outstanding common shares is 845,000

Number of treasury shares is 145,000

The formular to calculate the earning per share is

= Net income/Outstanding shares

Net income= $1,436,500

Outstanding shares= number of issued common shares- number of treasury shares

= 990,000-145,000

= 845,000

Therefore, the earnings per share can be calculated as follows

= 1,436,500/845,000

= $1.7

Hence Kirova's earning per share is $1.7

7 0
3 years ago
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