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2 years ago

Read the following stock quote. How much is this stock worth?

Business

1 answer:

Vladimir79 [104]2 years ago

7 0

Answer: The correct answer is choice c - $56.14

Explanation: The stock quote contains different information about Wal-Mart Stores. Below is an explanation of each of the pieces:

NYSE:WMT - trades on the New York Stock Exchange with the ticker symbol WMT

$56.14 - The most recent trade was for $56.14 per share

0.72 (1.30 percent) - The trade was .72, or 1.3%, higher than the previous trade

10:42AM ET - This is the time that the most recent trade occurred

The most recent trade was for $56.14, which means that is how much the stock is worth.

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Jill buys a refrigerator and pays the company to have it delivered. While the contract covers both a good and a service, this tr

Dominik [7]

Answer:

Article 2 of the UCC(Uniform Commercial Code).

Explanation:

UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from

i). Goods definition of i.e any tangible item that can be moved.

ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.

iii) Contract modifications and lastly

iv). Exchanges of consideration for items of value.

Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.

3 0

2 years ago

Which crop saved jamestown by making money for the settlement’s investors?

Rasek [7]

Answer:

Tobacco

Explanation:

No explanation needed.

3 0

2 years ago

The risk-free rate of return is 10.5%, the expected rate of return on the market portfolio is 17%, and the stock of Xyrong Corpo

nadezda [96]

Answer:

$88.24

Explanation:

The computation of the intrinsic value of a share of Xyrong stock is shown below;

k = risk free rate of retunr+ beta[expected market rate of return - risk free rate of return]

= 10.5% + 1.5(17% - 10.5%)

= 20.25%

Now

growth rate = b × ROE

= .5 × 24%

= 12%

Now the intrinsic value of the stock is

= (($13 × 50%) × (1 + 0.12)) ÷ (0.2025 - 0.12)

= $88.24

5 0

3 years ago

At Ultrinsic, students pay a small entry fee to compete in grades-based contests for cash prizes. Suppose that 10 students from

Margaret [11]

Answer: Incentives.

Explanation:

Incentive is an economic term that is introduce to motivate and encourage people towards some kind of work. Incentive is an amount of money that is given to the achiever.

Here, the incentive is the amount of money allotted for prize. Student knows that entry fees is $10 each. If a student scores A grade, then the maximum amount he can get from prize is $100, which is greater than the entry fees of the contest. So, there is a incentive for the students to score grade 'A'.

Therefore, this motivate students to study well and work hard.

7 0

3 years ago

The following selected transactions were taken from the records of Shipway Company for the first year of its operations ending D

alexdok [17]

Answer:

The year-end adjusting entries for the uncollectible accounts will be:

April 13:

Debit Allowance for doubtful accounts $6,530

Credit Accounts receivable $6,530

(To record write-off of accounts receivable - Dean Sheppard)

May 15:

Debit Cash $3,270

Credit Accounts receivable $3,270

(To record collection on account - Dan Pyle)

Debit Allowance for doubtful accounts $5,410

Credit Accounts receivable $5,410

(To record write-off of accounts receivable - Dan Pyle)

July 27:

Debit Accounts receivable $6,530

Credit Allowance for doubtful accounts $6,530

(To re-establish accounts receivable from Dean Sheppard)

Debit Cash $6,530

Credit Accounts receivable $6,530

(To record collection on account - Dean Sheppard)

December 31:

Debit Allowance for doubtful accounts $13,330

Credit Accounts receivable $13,330

(To record write-off of accounts receivable - Miscellaneous)

Explanation:

April 13: Shipway Company wrote-off account of Dean Sheppard, this means there would be a reduction in both allowance for doubtful accounts and accounts receivable.
The receipt on May 15 of $3,270 reduced the accounts receivable but increased cash. However, the write-off of $5,410 caused a reduction in both the allowance account and accounts receivable.
When there was a receipt of $6,530 on July 27, the accounts receivable would be reinstated and then adjusted for the cash receipt.
Lastly, the write-off of the uncollectible accounts from miscellaneous customers were added up to arrive at $13,330.

8 0

3 years ago