The type of deed that is used is called GENERAL WARRANTY.
General warranty is used to transfer property title to a buyer; it contains full warranty of title whereby the seller assures the buyer that the property is free and clear of any other claim.
Answer:
5,110,000 and 5,170,000.
Explanation:
earnings per share EPS = (net income - preferred dividends) / weighted average of outstanding shares
- 4,800,000 at the beginning of the year
- 200,000 issued April 1 = 200,000 x 9/12 = 150,000
- 480,000 issued September 1 = 480,000 x 4/12 = 160,000
weighted average outstanding shares = 4,800,000 + 150,00 + 160,000 = 5,110,000
diluted shares = ($6,000,000 / $1,000) x 40 x 3/12 = 60,000
diluted EPS = (net income - preferred dividends) / (weighted average of outstanding shares + diluted shares)
weighted average of outstanding shares + diluted shares = 5,110,000 + 60,000 = 5,170,000 shares
Answer:
The answer is B. corporate bond issued by a computer manufacturer
Explanation:
Capital in business is the money committed to the business by its owner or owners. Capital can also be from a borrowed fund e.g loan
Bond is a long term loan issued to finance a capital project.
Therefore, the corporate bond issued by a computer manufacturer is a capital.
Option A which is a computer programmer is a human asset.
Option C is an inventory (Current assets). This is used to make computer chips.
Option D is an asset
Answer:
8.60%
Explanation:
We use the MM proposition II with taxes
ra 0.125
D 5000
E 9600 (14,600 assets = 5,000 liab + equity)
rd ??
taxes 0.34
re 0.1384
We set p the formula and solve:
rd = 0.860181818 = 8.60%
