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g100num [7]
3 years ago
12

At the end of the accounting period, houston company had $12,000 of par value common stock issued, additional paid-in capital in

excess of par value - common of $11,000, retained earnings of $12,000, and $4,000 of treasury stock. the total amount of stockholders' equity is:
Business
1 answer:
amid [387]3 years ago
8 0

The amount of stockholder's equity is calculated as -

Total stockholder's equity = Common stock issued + Additional paid in capital + Retained earnings - Treasury capital

Total stockholder's equity = $ 12,000 + 11,000 + $ 12,000 - $ 4,000

Total stockholder's equity = $ 31,000

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Suppose the nominal annual interest rate on a two-year loan is 8 percent and lenders expect inflation to be 5 percent in each of
Kisachek [45]

Answer:

C. 2 percent.

Explanation:

The computation of the annual real rate of interest is presented below:

Provided that

Nominal annual interest rate = 8%

Inflation rate = 5%

So, the annual real rate of interest is

Real rate of return = {( 1 + nominal annual rate of return) ÷ ( 1 + inflation rate)} - 1

= {( 1 + 0.08) ÷ ( 1 + 0.05)} - 1

= 2%

5 0
3 years ago
Assume that the bank says Frank can have the money and would like to work with him on the type of debt that he will be incurring
IceJOKER [234]

Answer:

It is better for Frank, to go for a line of credit

Explanation:

It is better for Frank, to go for a line of credit, as this will enable him to have the lowest interest payment.  This will also help him to draw for his services and also enable him to be repaying the in small amounts so that the operations are not affected.

7 0
3 years ago
A
Vesnalui [34]

Answer:

D. secured loan

Explanation:

"A secured loan is a loan backed by collateral"

[A. unsecured loan is a loan that doesn't require any type of collateral.]

[B. credit card ...no]

[C. property loan is a secured loan that is sanctioned keeping an asset as mortgage with the lender.]

[D. secured loan is a loan that is backed by collateral]

8 0
2 years ago
Johnson Co. has 1,000,000 euros as payables due in 30 days, and is certain that the euro is going to appreciate substantially ov
SCORPION-xisa [38]

Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.

<h3>What should Johnson Co. do?</h3>

The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.

They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.

Find out more on purchasing forward at brainly.com/question/14090802.

#SPJ12

5 0
2 years ago
Megan sold Stock A for a short-term capital gain of $5,500 and sold Stock B for a long-term capital loss of $2,242. What is the
bearhunter [10]

Answer:

solution below

Explanation:

(gain - loss)x35%

for megan

(5500 - 2242) * 35%

= $1140.3 is owed

a.) for megan

(5500-2100)*35%

= $1190

b. for margaret

(4000-2000) x 35%

=$700

c. For melissa,

It doesnt matter if she took this withdrawal at 65 years of age.

d. for morgan

110 - 100 = 10 this is the gain per share

total gain = 10 x 100 = 1000

income tax = 1000 x 0.35 = 350 dollars

e. for murphy,

his income tax would fall by

4000 x35% = 1400.

After this, selling the stock would have no effect on current taxes.

5 0
3 years ago
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