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4 years ago

"when the housing bubble collapsed in 2007, rose significantly, and the fed interest rates"

1 answer:

8 0

<span>when the housing bubble collapsed in 2007, unemployment rose significantly, and the fed Increased interest rates.
When the bubble collapsed, a lot of companies lost their assets and forced to let go a lot of their employees while raising the rate of inflation at the same time.
The federal bank' response to such inflation is to raise interest rates and attract people to save up and reduce the money circulation from the market.</span>

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Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $15 per share. The journal entry

julsineya [31]

Answer:

$61,500

Explanation:

Based on the information given if the company

issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:

Credit to Common Stock=4,100 shares*$15 per share

Credit to Common Stock=$61,500

5 0

3 years ago

Torque Corporation is expected to pay a dividend of $1.00 in the upcoming year. Dividends are expected to grow at the rate of 6%

dezoksy [38]

Answer:

The answer is " $\$11.62 \ (approx)$ "

Explanation:

Using formula:

$\text{Required return=risk free rate}+\text{beta}\times \text{(market rate-risk free rate)}$

$=5+(13-5) \times 1.2\\\\=14.6\%\\\\\text{Intrinsic value}=\frac{D_1}{\text{(Required return-Growth rate)}}\\\\= \frac{1}{(0.146-0.06)}\\\\= \frac{1}{(0.140)}\\\\=\$11.62\ (Approx)$

7 0

3 years ago

Please help ASAP!

Anna11 [10]

The Answer would be D. This is because Zeke learned how to market his lemonade stand and was able to make sales while providing a service. The same thing he did in order to fundraise for his class.
Hope this helps :)

8 0

3 years ago

Denver Corporation purchased a patent for $405,000 on September 1, 2016. It had a useful life of 10 years. On January 1, 2018, D

natita [175]

Answer:

amount that should be reported for patent amortization expense for 2018 will be $90000.27

Explanation:

given data

purchased patent = $405,000

useful life = 10 years

spent = $99,000

remaining useful life = 5 years

solution

first we get here amortization from September 1, 2016 - January 1, 2018 that is

September 1 - december 31 = $\frac{4}{12}$ = 0.333333

amortization = (1 + 0.333333) × (405000 ÷ 10)

amortization = $53998.65

and

now we get remaining value before defence

remaining value = $405,000 - $53998.65

remaining value = $351001.35

and

now we get here amount to be reported for patent amortization expense for 2018

amount = ( $351001.35 + $99,000 ) ÷ 5

amount = $90000.27

so amount that should be reported for patent amortization expense for 2018 will be $90000.27

7 0

3 years ago

The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and endi

damaskus [11]

Answer:

1) 2.6 times

Explanation:

The Inventory turnover ratio measures the activity of liquidity of a company`s Inventory.

Inventory turnover = Cost of goods sold / Inventory

= $66,000 / $25,000

= 2.64 times

3 0

4 years ago

"when the housing bubble collapsed in 2007, ____ rose significantly, and the fed ____ interest rates"

"when the housing bubble collapsed in 2007, rose significantly, and the fed interest rates"