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Luden [163]
3 years ago
9

Stocks X and Y have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f

ollowing statements is CORRECT?
X
Y
Price
$30
$30
Expected growth (constant)
6%
4%
Required return
12%
10%
Business
1 answer:
ExtremeBDS [4]3 years ago
8 0
As i can not see the picture i think the correct answer would be Expected Growth
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Suppose Piranha sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10, 2018 to The Textbook S
Natali5045456 [20]

Answer:

1. 10 Oct 2018     Inventory        $59500 Dr

                                Accounts Payable      $59500 Cr

2. 13 Oct 2018    Accounts Payable   $1700 Dr

                                Inventory                     $1700 Cr

Explanation:

1. The Textbook store is purchasing the books at $17 per book and in total 3500 books are purchased on credit. So, we debit the inventory account by 59500 (3500 * 17) and credit the Accounts Payable by 59500.

2. This transaction relates to Purchases return which in this case is our inventory of books. Textbook store will record this transaction in its books by debiting the Accounts Payable account by the value of the books returned 1700 (170* 100) and credit its inventory by 1700. The last line pertains to total estimation of sales returns by Piranha so we do not need to consider that while preparing transactions in Textbook store's books.

5 0
3 years ago
In the U.S what federal or state departments or agencies have established the rules or enforce rules for fulfillment of the duti
blsea [12.9K]

Answer:

The United States Department of Commerce.

Explanation:

The United States Department of Commerce is executive in nature and is in charge of the economic growth of the country. Its role include generating demographic and economic data for government and business decision-making, and also help to set industrial standards. The main purpose of the organization is to accelerate economic growth, create jobs, encourage, sustainable development and also block trade practices of other countries that are harmful.

The Department works with universities, communities businesses, and the countries employees to improve the living standards for Americans. The Department of Commerce is made up of several offices and bureaus, such as the US patent, the Trade Office, the US Census Bureau, and the Bureau of Economic Analysis.

5 0
4 years ago
David bought stock for $4,000 and one year later he sold it for $1,000. The sale resulted in a:
AURORKA [14]

Answer:

Capital Loss

Explanation:

A capital loss occurs when an investment asset decrease in value between the time of purchase and the time for selling. The loss is realized only when the asset is sold.  Examples of investment assets that can lose value include stocks, mutual funds, index funds, real estate, and bonds.

A capital gain or loss is the purchase price minus selling price of an investment asset. Capital gain is when the result is positive, implying that the asset has appreciated in value.  A capital gain always attracts tax.  David experienced a capital loss of  $3000 as the selling price was lower than the buying price ($ 4000-$1000).

7 0
3 years ago
Read 2 more answers
Both friends agree that the demand and supply for hybrid cars will increase. For each of the following situations, determine whe
PSYCHO15rus [73]

Answer:

see below

From online search the situations as a below:

a. The government gives consumers a subsidy to buy hybrid cars.

b. More automobile producers start producing hybrids.

c. The price of non-hybrid cars falls.

d. The price of batteries for hybrid cars rises.

e. Gasoline prices rise.

Explanation:

A) A subsidy would result in consumers paying less than they would ordinarily pay. A government subsidy is equivalent to a reduction in price for consumers. A decline in prices increases demand. The demand curve increase.

b). should more producers start manufacturing hybrid vehicles, it will increase the number of vehicles available for customers to buy. More producers result in more output, which is an increase in supply. The supply curve increases.

c). Non-hybrid cars are substitutes goods for hybrid vehicles. If the price of non-hybrid cars falls, their demand will increases. Consequently, the demand for hybrid cars reduces. Both The demand curve and supply curve will not increase.

d). An increase in battery price will increase the overall cost of producing hybrid cars. An increase in production cost results in a price rise. Consequently, it reduces the demand for hybrid cars.

Both the demand and curve curves will not increase.

e). Hybrid cars consume less gasoline compared to non-hybrid cars. An increase in gasoline price will make non-hybrid cars less desirable but will increase the demand for hybrid cars. The demand curve for hybrid cars increases.

6 0
3 years ago
A financial manager must choose between three alternative investments. Each asset is expected to provide earnings over a​ three-
Basile [38]

Answer: A

Explanation:

The shareholder wealth maximization goal states that management should seek to maximize the present value of the expected future returns to the owners (that is, shareholders) of the firm. The longer it takes to receive a benefit, such as a cash dividend or price appreciation of the firm’s stock, the lower the value investors place on that benefit. Also, the greater the risk associated with receiving a future benefit, the lower the value investors place on that benefit. Since Asset A promises more benefits in the short run, it is better to choose option A.

5 0
4 years ago
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