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madreJ [45]
3 years ago
11

Pilger corporation has cash on hand at year-end of $201,000 and a negative cash flow from operations of $144,000. what is the ra

tio of cash to monthly cash expenses?
a. 7.2 months
b. 1.4 months
c. 12.0 months
d. 16.8 months
Business
1 answer:
Natalka [10]3 years ago
5 0
<span>given: cash on hand at year-end=$201000 negative cash flow = $ 144000 solutions: Monthly cash expenses =negative cash flow =144000/12=12000 ratio of cash to monthly cash expenses=cash on hand at year-end /Monthly cash expenses = 201,000/12000=16.75=16.80(approx) ratio of cash to monthly cash expenses=16.8 months</span>
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Which of the following accounts are classified as shareholders' equity?
vazorg [7]

The following accounts which are classified as shareholders' equity are Additional paid-in capital, Common stock ,Retained earnings.

Option A, B, C is correct.

<h3>Shareholder Equity:</h3>

Shareholder Equity is the amount invested in the business by the owner of the business. This includes the money they have invested directly and the accumulation of earnings earned by the company that has been reinvested since its inception.

<h3>Is equity a liability or an asset?</h3>

Equity is the company's total assets minus total liabilities. It can be defined as the total amount of dollars that a company would be left with if it liquidated all its assets and paid off all its liabilities. This is then distributed to shareholders.

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1 year ago
The act of giving up one thing of value to gain another thing of value is called a/an
Vedmedyk [2.9K]

Answer:

Trade-off. act of giving up one thing of value to gain another. Opportunity Cost. value of the next best alternative you could have chosen. Marginal Benefit.

Explanation:

5 0
2 years ago
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What's the appropriate response to receiving a talk about breaking a rule?
Marizza181 [45]

Answer:

Listen, dont be disrespectfull, and learn from it

Explanation: Dont dig a deeper hole

5 0
3 years ago
2. How are school rules similar to state and federal laws? What woud the typical American high school be like if there were no r
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3 years ago
Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 21 years Coupon rate: 9 percent Se
kifflom [539]

Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 21 years Coupon rate: 9 percent Semiannual payments Calculate the price of this bond if the YTM is  6% (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):

Answer:

Price of bond = $982.63

Explanation:

<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

The value of bond for Microhard can be worked out as follows:

Step 1  

PV of interest payments

Semi annul interest payment  

= 9% × 1000 × 1/2 = 45

Semi-annual yield = 6%/2 = 3 % per six months

Total period to maturity (in months)

= (2 × 21) = 42 periods

PV of interest =  

45 × (1- (1+0.03)^(-21)/0.03)= 693.6

Step 2  

PV of Redemption Value

= 1000 × (1.03)^(-21×2) =288.95

Price of bond

= 693.6 + 288.95 =982.63

Price of bond = $982.63

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3 years ago
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