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Pavlova-9 [17]
3 years ago
9

Frec and dbpr have a primary interest in real estate activity with a common goal of:

Business
1 answer:
Ira Lisetskai [31]3 years ago
6 0
The answer to this question is <span>consumer protection.
The </span>Florida Real Estate Commission (<span>FREC) is responsible in enforcing and administering real estate law in Florida, while the </span><span>Department of Business and Professional Regulation (DBPR) is responsible in liscensing and regulating the professionals and business in the state of Florida</span>
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Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2015, 125 share
melamori03 [73]

Answer:

<h2>Nautical</h2>

1. Journal Entries:

March 1:

Debit Cash Account $35,100

Credit Common Stock $35,100

To record the issue of 2,700 shares of common stock for $13 per share.

April 1:

Debit Cash Account $6,475

Credit Preferred STock $6,475

To record the issue of 175 shares of preferred stock for $37 per share.

June 1:

Debit Dividends $2,280

Credit Dividends Payable $2,280

To record dividends of $0.40 per share to all stockholders of record.

June 30:

Debit Dividends Payable $2,280

Credit Cash Account $2,280

To record the payment of cash dividends.

August 1:

Debit Treasury Stock $1,750

Credit Cash Account $1,750

To record the repurchase of 175 shares of common stock for $10 per share.

October 1:

Debit Cash Account $1,500

Credit Treasury Stock Account $1,500

To record the reissue of 125 shares of treasury stock for $12 per share.

2. Selection of  whether each of these transactions would increase (+), decrease (?), on total assets, total liabilities, and total stockholders' equity:

                                        Transaction   Assets   Liabilities    Stockholders

                                            Total          Total          Total              Equity

Issue common stock         $35,100       +$35,100                    +$35,000

Issue preferred stock         $6,475        +$6,475                       +$6,475

Declare cash dividends      $2,280                        +$2,280      ?$2,280      

Pay cash dividends             $2,280       ?$2,280   ?$2,280

Repurchase treasury stock  $1,750       ?$1,750                        ?$1,750

Reissue treasury stock       $1,500       +$1,500                        +$1,500

Explanation:

a) Data and Calculations:

Authorized share capital:

$10 par preferred

$1 par value common

Issued, beginning of 2015:

Preferred = 125 shares

Common = 2,700 shares

b) The issue of 2,700 additional shares of common stock for $13 per share totalled $35,100.  This amount is credited to the Common Stock and the receipt of cash debited to the Cash Account.  The same is applicable with respect to the 175 additional shares issued at $37 per share.

c) When a cash dividend is declared, the stockholders of record on the record date of June 15 are noted, since they are the only ones that will participate in the dividends.  The accounting records are debit to the dividend account and a credit to the Dividends Payable account, establishing the liability.  The payment for the declared dividend is recorded with a debit to the Dividends Payable account to close the liability and a credit to the Cash Account.

d) Treasury stock is a stock of common stock repurchased by the company.  The issue and reissue of treasury stock are treated in the treasury stock account if the costing method is used, otherwise, the par-value method would be operational.

4 0
3 years ago
Even though most corporate bonds in the united states make coupon payments semiannually, bonds issued elsewhere often have annua
scZoUnD [109]

Answer:

Bond Price​=  816.29

Explanation:

Giving the following information:

YTM= 0.075

Coupon= 0.058*1,000= 58

Years to maturity= 23 years

Face value= 1,000

<u>To calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 58*{[1 - (1.075^-23)] / 0.075} + [1,000/(1.075^23)]

Bond Price​= 626.79 + 189.5

Bond Price​=  816.29

4 0
2 years ago
How should a person cope with situational factor for which there are ethical confident skills?
ipn [44]

Self-confidence is considered one of the most influential motivators and regulators of behavior in people's everyday lives (Bandura, 1986). A growing body of evidence suggests that one's perception of ability or self-confidence is the central mediating construct of achievement strivings (e.g., Bandura, 1977; Ericsson et al., 1993; Harter, 1978; Kuhl, 1992; Nicholls, 1984). Ericsson and his colleagues have taken the position that the major influence in the acquisition of expert performance is the confidence and motivation to persist in deliberate practice for a minimum of 10 years.

Self-confidence is not a motivational perspective by itself. It is a judgment about capabilities for accomplishment of some goal, and, therefore, must be considered within a broader conceptualization of motivation that provides the goal context. Kanfer (1990a) provides an example of one cognitively based framework of motivation for such a discussion. She suggests that motivation is composed of two components: goal choice and self-regulation. Self-regulation, in turn, consists of three related sets of activities: self-monitoring, self-evaluation, and self-reactions. Self-monitoring provides information about current performance, which is then evaluated by comparing that performance with one's goal. The comparison between performance and goal results in two distinct types of self-reactions: self-satisfaction or -dissatisfaction and self-confidence expectations. Satisfaction or dissatisfaction is an affective response to past actions; self-confidence expectations are judgments about one's future capabilities to attain one's goal. This framework allows a discussion of self-confidence as it relates to a number of motivational processes, including setting goals and causal attributions.

7 0
3 years ago
Suppose your firm has a marginal revenue given by the equation MR = 10 - Q where Q is the quantity produced and sold. This means
KonstantinChe [14]

Answer:

The answer is: A) When the marginal cost of producing an additional unit equals the marginal revenue from that unit.

Explanation:

In economics, we assume that a company´s main goal is to maximize its profit. In order for any company do to this, the marginal cost (MC) of producing an extra unit of production must equal the marginal revenue (MR) obtained by selling that extra unit of production.

Theoretically, in perfect market conditions, MR=MC in the equilibrium point between quantity supplied and quantity demanded. But on real world conditions elasticity of both demand and supply alter the curves.  

4 0
2 years ago
You have $140,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expect
dedylja [7]

Answer:

Amount investment in Sock Y = - $126,000

Beta of portfolio = 1.636

Explanation:

Data provided in the question:

Total amount to be invested = $140,000

Stock                          X       Y

Expected return       14%     10%

Beta                          1.42     1.18

Expected return of portfolio = 17.6%

Now,

let the weight invested n stock X be W

therefore,

Weight of Stock Y = 1 - W

thus,

( W × 14% ) + (1 - w) × 10% = 17.6 %

or

14W + 10% - 10W = 17.6%

or

4W = 7.6

or

W = 1.9

Therefore,

weight of Y = 1 - 1.9 = -0.9

Thus,

Amount investment in Sock Y = Total amount to be invested × Weight

= 140,000 × ( - 0.9 )

= - $126,000 i.e short Y

Beta of portfolio = ∑ (Beta × Weight)

= [ 1.42 × 1.9 ] + [ 1.18 × (-0.9) ]

= 2.698 - 1.062

= 1.636

6 0
2 years ago
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