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Pavel [41]
3 years ago
12

You just purchased a parcel of land for $10,000. if you expect a 12% annual rate of return on your investment, how much will you

sell the land for in 10 years? note. due to rounding and method of calculation, your answer might vary slightly. choose the closest answer.
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
4 0

I guess the closest answer is $31,060.

If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.

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Answer:

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<u>FALSE: </u>The Equity does not change as the Retained Earnings are used to issue the Shares, so no change in the total Stockholders Equity

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<u>c.</u> may increase or decrease paid-in capital above par but do not change total

stockholders' equity.

<u>FALSE: </u>paid in will increase or not be used, as the shares will have a minimum value for the company of his face value.

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balandron [24]
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Ns if this is what you meant but I hope this helps you :)

-Wolfs

5 0
3 years ago
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