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4 years ago

Extrapolative expectations work when prices are rising, but not when prices decline. True or False True False

Business

1 answer:

Lemur [1.5K]4 years ago

6 0

Answer:

False

Explanation:

Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down

So the given statement is false

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If you pay for parking at a smart parking payment terminal powered by solar panels with a contactless visa card, which of the fo

Amiraneli [1.4K]

Answer: Wireless wallet.

Wireless wallet makes use of a software that can save an individuals visa card numbers and other personal information, thereby the individual does not need to enter their respective information every time whenever they have to make a purchase.

The contact less visa card uses Near Field Communications technology for the transaction, i.e. where money can be transferred through wireless wallet system .

6 0

3 years ago

On December 21, 2020, Sheridan Company provided you with the following information regarding its equity investments.

xxMikexx [17]

Answer and Explanation:

The Journal entries are prepared below:-

a. Unrealized Holding Gain or Loss - Income Dr, $1,460

To Fair value Adjustment $1,460

(Being unrealized holding income is recorded)

b. Cash Dr, $8,770

Loss on Sale of Investment Dr, $430

To trading Equity Investment $9,200

(Being sale of the Colorado Co. stock during 2021 is recorded)

c. Fair value Adjustment Dr, $880

To Unrealized Holding Gain or Loss - Income $880

(Being adjustment of fair value is recorded)

Working note:

Stock Cost Fair Value Unrealized Gain(Loss)

Clemson Corp.

Stock $18,700 $17,690 -$1,010

Buffaloes Co.

stock $18,700 $19,130 $ 430

Net unrealized gain (loss) -$580

2020 -$1,460

Fair value adjustment for 2021 -$880

5 0

3 years ago

McElroy owned 104 acres worth about $230,000. Mired in financial difficulties, he approached Grisham, asking to borrow $100,000.

Vikki [24]

Answer: B. Enforceable because the parties were free to negotiate the terms of the contract.

Explanation:

The contract is Enforceable because both parties went into the contract with full mind and body and set and agreed to terms.

The terms were neither unconscionable not were the rates usurious.

The Agreement was not against public policy either.

This means that the agreement is Enforceable in most states in the country.

4 0

3 years ago

17. On September 1, 2017, Hyde Corp., a newly formed company, had the following stock issued and outstanding: I. Common stock, n

deff fn [24]

Answer:

Hyde Corp. equity report - September 1, 2017

Stocks outstanding:

common stocks outstanding (5,000 stocks¹) $5,000

preferred stock outstanding (1,500 stocks²) $15,000

Additional paid-in capital:

common stocks outstanding (5,000 stocks³) $70,000

preferred stock outstanding (1,500 stocks⁴) $22,500

Total additional paid-in capital $92,500

¹ common stocks are reported at par value: $1

² preferred stocks are reported at par value: $10

³ additional pain-in capital for every common stock = $15 - $1 = $14

⁴ additional pain-in capital for every preferred stock = $25 - $10 = $15

4 0

3 years ago

Assume the appropriate discount rate for the following cash flows is 4.78 percent per

lana66690 [7]

Answer:

$9,589.75

Explanation:

The computation of the present value of the cash flows should be shown in the excel spreadsheet. Kindly find the two attachment out of which one attachment contains the final values, the other attachment contains the formula sheet

After applying the formulas,

The present value of the cash flows is $9,589.75

Hence, the same is to be considered

8 0

3 years ago