1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
asambeis [7]
3 years ago
8

On March 4, Year 1, Evan Co. purchased 1,000 shares of LVC common stock at $80 per share. OnSeptember 26, Year 1, Evan received

1,000 stock rights to purchase an additional 1,000 shares at $90 pershare. The stock rights had an expiration date of February 1, Year 2. On September 30, Year 1, LVC'scommon stock had a market value, ex-rights, of $95 per share and the stock rights had a market value of $5each. What amount should Evan report on its September 30, Year 1, balance sheet for investment in stockrights?a. $4,000b. $5,000c. $10,000d. $15,0005000/(5k+95k) x 80,000=4000
Business
1 answer:
12345 [234]3 years ago
8 0

Answer:

b. $5,000

Explanation:

<u>September 26th</u>

1,000 x 5 = 5,000 stock rights Investment

It receive 1,000 right at $5 dollars each the total is 5,000

This rights were detachable from the stocks, so they have a diferent account, they are independent from the common shares purchased on March 4th

You might be interested in
What are some next generation hotel technology applications?
BaLLatris [955]

Answer:

i think smart room key am i right

7 0
2 years ago
Read 2 more answers
Palin Inc., an electronics manufacturer, is headquartered in Texas. The firm shifted its operations from Texas to China due to l
Fittoniya [83]

Answer: Offshoring.

Explanation:

Palin Inc., is involved in Offshoring by taking their production operations from the U.S of America to China where they can get cheap and quality labor. Offshoring occurs when a production company changes their industry site to a new location, which posseses quality and cheaper labor than their original location.

3 0
3 years ago
Holding all else constant, an increase in preferences by Mexicans for U.S. goods will ______ the demand for dollars in the forei
Finger [1]

Answer:

D. Increase; increase

Explanation:

Exchange rate is defined as the amount of one currency that can be exchanged for another currency at a particular time.

Demand and supply affects exchange rates of currencies.

Currencies that are in more demand tend to have higher exchange rates, while those with low demand will have low exchange rate.

In this instance an increase in preference for US goods will cause an increased demand for dollars. The dollar becomes stronger against the Peso.

It will take more pesos to purchase the dollar, so equillibrum exchange rate of peso to dollar will increase.

4 0
3 years ago
In addition to​ risk-free securities, you are currently invested in the Tanglewood​ Fund, a​ broad-based fund of stocks and othe
Murrr4er [49]

Answer:  6.29%

Explanation:

Required return = Risk free rate + beta ( expected return - risk free rate)

Beta.

= Correlation * \frac{Volatility of venture}{Volatility of fund} \\\\= 0.16 * \frac{0.8117}{0.2636} \\\\= 0.493

Required return = 3.63% + 0.493(9.03% - 3.63%)

= 6.29%

7 0
3 years ago
Suppose that you deposit? $10,000 in an account that pays? 6% interest and you want to know how much will be in your account at
dimaraw [331]

Answer:

B.    =PV(.06,10,0,10000)

Explanation:

In MS Excel the formula of Present value re is as  "=PV( rate, nper, pmt, [fv] )".

PV = Present value

rate = Interest rate= 6% = 0.06

nper = number of periods  = 10

pmt = payment made each period = 0 in this scenario

fv = future value = 10,000

So, according to the formula the correct sequence is =PV(.06,10,0,10000)

which is correctly mentioned in option B.

3 0
3 years ago
Other questions:
  • An opportunity cost: Multiple Choice Requires a current outlay of cash. Is an unavoidable cost because it remains the same regar
    7·2 answers
  • You are thinking about investing $ 4 comma 650 in your​ friend's landscaping business. Even though you know the investment is ri
    9·1 answer
  • A company sells a plant asset that originally cost $180,000 for $60,000 on December 31, 2007. The accumulated depreciation accou
    15·1 answer
  • Exercise 4-8 (part level submission) plevin company ended its fiscal year on july 31, 2017. the company’s adjusted trial balance
    13·2 answers
  • Mcmurtry Corporation sells a product for $170 per unit. The product's current sales are 10,000 units and its break-even sales ar
    14·1 answer
  • Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the proces
    7·1 answer
  • Fish Fillet Incorporated obtains fish and then processes them into frozen fillets and then prepares the frozen fish fillets for
    15·1 answer
  • The price of a bond is equal to the sum of the present values of its future payments. Suppose a certain bond pays $50 one year f
    7·1 answer
  • Todd Williamson and Jim Miranda started their business, Broad Reach Sailing, as a way to earn a living doing something they love
    13·1 answer
  • The Dow Jones is currently valued at $24,000 and the 1-year Dow Jones Mini Future contract has a price of $24,750. Note Dow Jone
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!