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3 years ago

Georg, a german citizen, just purchased 10 shares of stock in microsoft, a u.s. company. this purchase is an example of

Business

1 answer:

emmasim [6.3K]3 years ago

5 0

Foreign portfolio investment, which is simple people in one country investing in the assets of another country.

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Which of the following statements regarding direct finance is true? A. In the United States, more funds flow through the direc

NemiM [27]

Answer: Option D

Explanation: In simple words, direct finance refers to the situation when the borrowers borrows money directly from lenders, and do not consider taking help from any intermediary. In other words, when the issuers in the financial market sell their securities directly to the general investors then such financing is termed as direct financing.

This financing is cheaper and benefits both he lender and the borrower. Hence we can conclude that the correct option is D.

8 0

3 years ago

Consider the following production function: q = 7LK + 5L^2 - (1/3) L^3. Given the following expressions for the marginal product

natali 33 [55]

Answer:

The value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285

Explanation:

MRTS_KL = MP_L/MP_K

= (7K + 10L - L^2)/7L

= (7*30 + 10*15 - (15)^2)/7*15

= 1.285

Therefore, The value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285

6 0

3 years ago

The following account balances were taken from the 2021 post-closing trial balance of the Bowler Corporation: cash, $9,500; acco

Pavlova-9 [17]

Answer:

$196,000

Explanation:

The question is to prepare the balance sheet of Bowler Corporation as at the end of 2021.

Balance Sheet is generally divided into Assets side (Non-Current and current) Liabilities (non-current and current) and the Stockholders equity. A good balance sheet should be as follows Asset= Liabilities + Equity

Bowler Corporation Balance Sheet as at 2021

Particulars Amount($) Amount($)

Non-Current Assets

Equipment 210,000

Less: Depreciation (78,000) 132,000

Current Assets

Cash 9,500

Accounts receivable 19,500

Inventory 35,000

Total Current Assets 64,000

Total Assets 196,000

Liabilities and Equity

Current Liabilities

Accounts Payable 75,000

Salaries payable 31,000

Total liabilities 106,000

Equity

Common Stock 69,000

Retained earnings 21,000

Total stockholders' equity 90,000

Total Liabilities and Equity 196,000

4 0

3 years ago

Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.

motikmotik

Answer:

a. Joplin Industries Inc.

Absorption Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Less: Beginning inventory $4,387,200

Cost of goods manufactured $45,756,000

Cost of goods sold $50,143,200

Gross Profit $30,856,800

Selling and Administrative Expenses $13,122,000

Operating Income $17,734,800

b. Joplin Industries Inc.

Variable Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Variable cost of goods sold $40,500,000

Manufacturing Margin $40,500,000

Selling and Administrative Expenses $12,150,000

Contribution Margin $28,350,000

Fixed cost

Manufacturing cost $8,856,000

Selling and Admin Expenses $972,000

Total Fixed cost $9,828,000

Operating Income $18,522,000

4 0

3 years ago

Chuck has $2,500 invested in a bank that pays 4% annually. The length of time it will take for his funds to double is closest to

Arada [10]

Answer:

The answer is 17.67 years.

Explanation:

Present value is $2,500

Future value of the money to be double of the present value. This means the future value will be $5,000($2,500 x 2)

Interest rate is 4%

Number of years or periods to reach this $5,000 is unknown. So we are looking for this.

To compute this number of periods, lets use Financial calculator.

I/Y = 4; PV= -2,500; FV= 5,000; CPT N= 17.67 years.

Therefore, the number of years to accumulate to $5,000 is 17.67 years

7 0

3 years ago