Answer:
$37,833
Explanation:
Calculation for the balance of John's Capital account as of December 31, 2020.
Using this formula
Balance as of December 31, 2020= Initial contribution + Profit for December 31, 2019 - Loss for December 31, 2020
Let plug in the formula
Balance as of December 31, 2020= $39,000 + ( $46,000/3) - ( $55,000/10×3)
Balance as of December 31, 2020= $39,000 + $15,333 - $16,500
Balance as of December 31, 2020= $37,833
Therefore the balance of John's Capital account as of December 31, 2020 will be $37,833
Awareness level is currently 77%, or .77.
Awareness decreases by 33% per year, so without any additional promotion spending, awareness next year would be .77 * .66 (2/3 of 77%)
The 1 million dollar spending will increase awares by 26%, so the effect on awareness will be 0.77 * 1.26
To calculate awareness next year:
77% times (1.26 - .33)
= .77 * 0.93
= .716, or 71.6%
Answer:
Total Return on investment=12.678%≅12.68%
Explanation:
Given;
Number of Shares= 300
Purchasing price of each share=$32.60
Total Dividends= $280
Selling price of each share= $35.80
Find:
Total Return on investment=?
Solution:
Total Return on investment=
Total Return on investment=0.12678
In Percentage:
Total Return on investment=12.678%≅12.68%
Answer:
The yield on Wilson Dover's debt is 7.42%
Explanation:
In order to calculate the yield on Wilson Dover's debt we would have to calculate first the value of debt as follows:
value of debt=Total value*N(d1)-Debt*e∧-r fx period*N(d2)
value of debt=$500 million*0.9720-$200 million*2.7183∧-0.05*1*0.9050
value of debt=$486 million-$200 million*0.951229*0.9050
value of debt=$486 million-$172.1724 million
value of debt=$313.8276 million
=Total Value-Value of debt
=$186.17 million
The value of debt is $186.17 million
So, to calculate the yield we have to use the following formula:
Yield=(Face Value/current value)∧1/period-1
Yield=($200 million/$186.17 million)∧1-1
Yield=1.074286942-1
Yield=7.42%
The yield on Wilson Dover's debt is 7.42%
Answer:
The balance for long-term debt and retained earnings on Glen’s Tobacco Shop’s balance sheet is $18.2 million and $27.8 million respectively
Explanation:
The computation is shown below:
Given that
Debt = 50% × Total Assets
= 50% × $96.4 million
= $48.20 million
As we know that
Total Debt = Current Liabilities + Long Term Debt
$48.20 million = $ 30.0 million + Long Term Debt
So, the long term debt is $18.2 million
Now,
Total Assets = Total Liabilities + Owner's Equity
where,
Total Assets = Long Term Debt + Current Liabilities + Common Stock and paid-in surplus + Retained Earnings
$96.4 million = $18.2 million + $30.0 million + $20.4 million + retained earnings
So, the retained earnings is $27.8 million
