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arsen [322]
3 years ago
9

True or false. An income statement provides investors with a report of a firm’s profitability over a specific period of time.

Business
1 answer:
Tpy6a [65]3 years ago
6 0

false is the answer.

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A ___ in the money supply will cause interest rates to decrease which in turn causes spending to come ?
vitfil [10]

Answer:

decrease/decrease

Explanation:

The interest rate is a monetary mechanism that serves to keep inflation under control. Inflation is a monetary phenomenon, caused by excess currency in circulation. Thus, the more money in circulation, the higher the interest rate tends to be. Conversely, when the money supply is smaller, inflation will be lower. Consequently, the interest rate will be low. Similarly, when the money supply is high, spending on the economy increases (and causes inflation). When the money supply is low, less money will be in circulation and spending will decrease. Inflation will be low. And the interest rate too!

5 0
3 years ago
Read 2 more answers
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
leva [86]
Self-interest of course! Though you gave us no clue as to who is Adam... You can tell it's mostly self-interest due to the fact that he hasn't taken any class or anything on it. Looks to me that he genuinely just loves cooking!
4 0
3 years ago
Read 2 more answers
Bear tracks, inc., has current assets of $2,180, net fixed assets of $9,400, current liabilities of $1,355, and long-term debt o
abruzzese [7]

(a) Total assets = Current assets + Fixed assets  

Total assets = 2180 +9400 = 11,580

Total liabilities = Current liabilities + long term debt

Total liabilities = 1355+3990 = 5,345

According t the accounting equation, Stockholders equity = Total assets - Total liabilities =  11,580-5,345 = 6,235

Stockholders equity = $6,235

(b) Working capital = Current assets - Current liabilities

Working Capital = 2180-1355

Working Capital = $825

3 0
3 years ago
The common stock of Eddie's Engines, Inc., sells for $37.73 a share. The stock is expected to pay a dividend of $3.70 per share
Furkat [3]

Answer:

r = 0.1560652001 or 15.60652001% rounded off to 15.61%

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,

  • D0 * (1+g) is dividend expected for the next period
  • g is the growth rate
  • r is the required rate of return   or market rate of return

Plugging in the values for P0, D1, and g, we can calculate the value of r or market rate of return on the stock to be,

37.73 = 3.70  /  (r - 0.058)

37.73 * (r - 0.058) = 3.7

37.73r - 2.18834 = 3.7

37.73r = 3.7 + 2.18834

r = 5.88834 / 37.73

r = 0.1560652001 or 15.60652001% rounded off to 15.61%

5 0
3 years ago
If the month-end bank statement shows a balance of $36,000, outstanding checks are $10,000 , a deposit of $4,000 was in transit
sukhopar [10]

Answer:

The correct answer is C

Explanation:

The amount of correct balance which is shown in the bank account at the month end is:

= Month end balance - Outstanding balance + Deposit in transit at month end + Check which was erroneously charged by bank

= $36,000 - $10,000 + $4,000 + $600

= $26,000 + $4,600

= $30,600

Therefore, the month end balance amounts to $30,600 in the bank account.

4 0
2 years ago
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