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bonufazy [111]
3 years ago
13

At the time of liquidation. Fairchild Co. reported assets of $200,000, liabilities of $120,000, common stock of $90,000, and ret

ained earnings of ($10,000). What amount of Fairchild's assets are the shareholders entitled to receive?
A. $200,000
B. $80,000
C. $90,000
D. $100,000
Business
1 answer:
ladessa [460]3 years ago
7 0

Answer:

B. $80,000

Explanation:

Total Asset = $200,000

Total Liabilities = $120,000

Shareholders are entitle to receive the assets net of liabilities as follows:

Total Net Asset = Total Assets - Total liabilities

Total Net Asset = $200,000 - $120,000

Total Net Asset = $80,000

$80,000 of Fairchild's assets are the shareholders entitled to receive.

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Snezhnost [94]

Answer:

Pretax    =  5.61%

After tax = 4.26%

Explanation:

The cost of debt will be the Yield to maturity of the bonds.

91 = present values of the 25 year annuity + present value of the maturity

There is no formula for exact YTM

we can either use excel or calculate by approximation:

In this case we will calcualte the YTM by aprroximation

YTM = 2\times (\frac{C + \frac{F-P}{n }}{\frac{F+P}{2}})

C= 25 cuopon payment 1,000 x 5% / 2 becayse paymenr are semiannually

F= 1000 the face value is 1,000

P= 910  the present value or market value is 91% of the face value

n= 50   25 year at 2 payment per year

YTM = 2 \times (\frac{25 + \frac{1000-910}{50 }}{\frac{1000+910}{2}})

dividend 26.8

divisor 955

YTM 5.6125654%

This will be the pretax cost of debt

then we calculate the after tax cost of debt

pre-tax cost of debt ( 1 - t ) = after-tax

5.61% ( 1 - .24 ) = 4,2636

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3 years ago
Sylvia works part-time at an office and also goes to school in the evenings. She is considering taking supplies for a class proj
castortr0y [4]

Answer:

Letter D is correct. <em>Public knowledge test.</em>

Explanation:

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2 years ago
What is human rights​
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Answer:

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4 0
3 years ago
Read 2 more answers
A plant asset cost $160000 and is estimated to have a $16000 salvage value at the end of its 4-year useful life. The annual depr
vladimir1956 [14]

Answer:

$20,000

Explanation:

For computing the depreciation expense, first we have to determine the first and second year depreciation which are shown below:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $160,000, so the depreciation is $80,000 after applying the 50% depreciation rate

And, in year 2, the $80,000 × 50% = $40,000

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8 0
3 years ago
You have a portfolio that is invested 14 percent in Stock R, 50 percent in Stock S, and the remainder in Stock T. The beta of St
pantera1 [17]

Answer:

1.41 Approx

Explanation:

The computation of the beta for the stock T is shown below:

Beta of portfolio = Respective betas × Respective investment weights

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1.30 =0.7934 + (0.36 ×  beta of the Stock T)

beta of the Stock T = (1.3 - 0.7934) ÷ 0.36

= 1.41 Approx

We simply multiplied the beta of each stock with its investment weights order to calculate the beta of the stock T as portfolio beta is given

8 0
3 years ago
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