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3 years ago

Determine the following:_______

Business

1 answer:

MaRussiya [10]3 years ago

7 0

Answer:

Total Stockholders' equity = $124000

Retained earnings = $227000

Total assets = $788000

Explanation:

The basic accounting equation states that the value of total assets is always equal to the sum of the values of total liabilities and total stockholders' equity.

Total assets = Total liabilities + Total Stockholders' equity

451000 = 327000 + Total Stockholders' equity

Total Stockholders' equity = 451000 - 327000

Total Stockholders' equity = $124000

The total stockholders' equity section of a company can be further divided into two components namely common stock and retained earnings. Thus, the basic accounting equation can be rewritten as,

Total assets = Total liabilities + Common Stock + Retained earnings

787619000 = 226000 + 166000 + Retained earnings

Retained earnings = 619000 - 392000

Retained earnings = $227000

Total assets = Total liabilities + Common Stock + Retained earnings

Total assets = 401000 + 201000 + 186000

Total assets = $788000

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A $1,000 face value bond has a coupon rate of 7 percent, a market price of $989.40, and 10 years left to maturity. Interest is p

dlinn [17]

Answer:

4.95%

Explanation:

For computing the yield to maturity when expressed in real terms, first we have to find out the yield to maturity by applying the RATE formula that is shown in the attachment

Given that,

Present value = $989.40

Future value or Face value = $1,000

PMT = 1,000 × 7% ÷ 2 = $35

NPER = 10 years × 2 = 20 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the yield to maturity is 7.15%

Now in real terms, it would be

= 7.15% - 2.2%

= 4.95%

7 0

2 years ago

What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont

Nadusha1986 [10]

We expect to lose $0.37 per lottery ticket

<u>Explanation:</u>

six winning numbers from = { 1, 2, 3, ....., 50}

So, the probability of winning:

$P(win) = \frac{ no of favorable outcomes}{no of possible outcomes}$

$P(win) = \frac{1}{^5^0C_6} \\\\P (win) = \frac{6! X (50 - 6)!}{50!} \\\\P(win) = \frac{6! X 44!}{50!} \\\\P(win) = \frac{1}{15,890,700}$

The probability of losing would be:

P(loss) = 1 - P(win)

$P(loss) = 1 - \frac{1}{15,890,700} \\\\P(loss) = \frac{15,890,699}{15,890,700}$

According to the question,

When we win, then we gain $10 million and lose the cost of the lottery ticket.

So,

$10,000,000 - 1 = $9,999,999

When we lose, then we lose the cost of the lottery ticket = $1

The expected value is the sum of the product of each possibility x with its probability P(x):

E(x) = ∑ xP(x)

$= 9,999,999 X \frac{1}{15,890,700} + ( -1 ) X \frac{15,890,699}{15,890,700} \\\\=- \frac{5,890,700}{15,890,700} \\\\= - \frac{58,907}{158,907} \\\\= - 0.37$