Answer:
D) positive cash flow of $21,900 from investing activities
Explanation:
To calculate Sonesta's cash flow associated to this transaction we can use the following formula:
cash flow = net book value of the asset - loss on sale of the asset
cash flow = $30,900 - $9,000 = $21,900
The cash flow was generated by an investing activity since Sonesta sold an asset, not its products.
Answer:
D. $93,600
Explanation:
In order to find the total dividends paid out to the preferred stockholders we need to find the dividend per share and then multiply it by 8,000 as there are 8,000 preferred shares.
Dividend per share =
par value * dividend rate
90*0.13=11.7
Total amount paid to stock holders=
Dividend per share * no of shares
11.7*8,000=93,600
It’s helps them because it’s been a part of their lives for years and years. So the economic liberty was something very very good to us
Answer:
1.806
Explanation:
The computation of expected payoff value is shown below:
= Worth of sports car × probability of winning from a single bottle purchase + payoff from a loss × (1 - probability of winning from a single bottle purchase)
= $215,000 × 0.0000084 + 0 × (1 - 0.0000084)
= 1.806 + 0
= 1.806
We simply applied the above formula to determine the expected payoff value