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3 years ago

One characteristic of mid-cap stocks is that they

Business

1 answer:

saw5 [17]3 years ago

8 0

Answer: are fairly good-sized companies that offer attractive return opportunities.

Explanation: Mid cap stocks refers to the stocks of those companies that have a range between 2 billion to 10 billion. These are the companies are positioned somewhere between the small growing large corporations and fastly growing small corporations. These entities have strong growth potential.

Thus from the above we can conclude that the correct option is statement 2.

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At what percentage of credit card usage, does it start affecting your score in a negative way?

cluponka [151]

Answer:

Explanation:

ratio of 80 or 90 percent or more highly negative impact on your credit score.

4 0

4 years ago

Haskell Motots common equity on the balance sheet totals $700million and the company has 35 million shares of common stockoutsta

Ludmilka [50]

Answer:

Statements A and C are correct.

Explanation:

Book Value per share is the value shown in the balance sheet, which is calculated by:

Formula: $BV = \frac{Total common holder stocks}{number of common shares}$

After putting values in the formula we get:

$BV = \frac{700m}{35m} = 20$

Market value per share is calculated on the bases of prices of share according to the market. For example, if your company has $10000 share outstanding and the price in market per share is 50 then the market value would be $500000.

So, we have to calculate market value per share for that we have to reverse the actual calculation, which means we will have to divide total market value of outstanding shares by the total number of outstanding shares to get market value per share:

$MV per Share = \frac{10m}{35m} = 28.5$

<em>Hence, statement A and C both are correct. </em>

4 0

3 years ago

The following is the adjusted trial balance for Baker Services. Accounts Debit Credit Cash $34,000 Accounts Receivable 28,000 Pr

marta [7]

Answer:

Ending RE 153,000

Explanation:

Retained Earning will be calcualte as follows:

$$$Beginning Retained Earnings$$$+/- Net Income/Loss$$$- Dividends$$$Equals Ending Retained Earning$

We need to solve for the net incoem in order to solve for ending Retained Rearnings (RE)

Net Income: Revenues - Expenses

Service Revenue 280,000

Salaries Expense (62,000)

Depreciation Expense (5,900)

Supplies Expense (14,000)

Insurance Expense (14,600)

Utilities Expense <u> (20,000) </u>

Net Income 163,500

Retained Earnings 11,500

Net Income 163,500

Dividends (22,000)

Ending RE 153,000

7 0

4 years ago

Which of the following would most likely negatively affect a person's net worth?

dangina [55]

A. An income of 25,000 annually is not enough to sustain a household and creditors would be hesitant to loan money to someone without resources to easily repay it.

8 0

2 years ago

Global Corporation distributed property with an $850,000 fair market value and a $415,000 adjusted basis to one of its sharehold

Juliette [100K]

Answer:

1. The amount of the shareholder's dividend income on the distribution is $620,000.

2. The shareholder's basis in the property received is $850,000.

Explanation:

1. What is the amount of the shareholder's dividend income on the distribution?

From the question, it is stated that the property distributed was subject to a $230,000 mortgage which the shareholder assumed. This implies that the shareholder has taken up responsibility of paying off the mortgage loan. This will reduce the amount of dividend paid to the shareholder as follows:

Shareholder's dividend income = $850,000 - $230,000 = $620,000.

Therefore, the amount of the shareholder's dividend income on the distribution is $620,000.

2. What is the shareholder's basis in the property received?

When property is distributed to shareholders, the shareholder's basis in the distributed property is considered to be the fair market value (FMV) of the distributed property and it will be treated as if the distribution had been made in cash.

Therefore, the shareholder's basis in the property received is $850,000 which its fair market value.

4 0

3 years ago