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Dima020 [189]
3 years ago
13

Niren, Inc.'s charter authorizes 1,000,000 shares of stock at a par value of $1 per share. Niren sells 100 shares of stock at it

s initial offering for $1 per share. The journal entry to record this transaction will include a_________.
Business
1 answer:
andrew-mc [135]3 years ago
6 0

Answer:

Dr Cash account 100

Cr Common Stock account 100

Explanation:

When a company sells stock they must record the value of the stock sold at par value in the common stock account. Any extra money received should go to the capital paid-in excess of par value account.

In this case, Niren sold 100 shares at par value ($1), so $100 should be recorded in the common stock account.

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Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $0.65 at the end of the year. Its div
Korolek [52]

Answer:

option 14.92%

Explanation:

Data provided in the question;

Expected annual dividend to be paid = $0.65

Expected growth rate = 9.50%

Walter’s stock currently trades = $12.00 per share

Now,

Expected rate of return = \frac{\textup{Expected dividend}}{\textup{Stock price}}\times100\% + Growth rate

or

Expected rate of return = \frac{\$0.65}{\$12.00}\times100\% + 9.50%

or

Expected rate of return = ( 0.054167 × 100% ) + 9.50%

or

Expected rate of return = 5.4167% + 9.50%

or

Expected rate of return = 14.9167 ≈ 14.92%

Hence, the correct answer is option 14.92%

4 0
3 years ago
Which must be considered when beginning a new photoshop project.
gizmo_the_mogwai [7]

you need ideas and concepts

8 0
2 years ago
Stakeholder impact analysis is a _____-step process that allows managers to better understand and address stakeholders' needs.
Sliva [168]

Stakeholder impact analysis is a five step process that allows managers to better understand and address stakeholders' needs.

Stakeholder impact analysis is a five steps process. Stakeholder impact analysis allows the manager to address the stakeholders’ needs and understand them better.

Stakeholder impact analysis is five steps process that allows managers to understand the need of their stakeholders. A stakeholder is any entity either person or organization, who is directly or indirectly affects the organization or its project.

The five steps of stakeholder impact analysis are:

  1. Identify the stakeholder: At this step, managers identify who are their stakeholders that are directly or indirectly affected by their projects, products, or services.
  2. The interest of the stakeholder: This step defines the interest of the stakeholder
  3. Opportunities and threats associated with stakeholders: this defines the present opportunities and threats to stakeholders
  4. Our responsibilities to stakeholders: This process defines that what is our legal, ethical, economic, and philanthropic responsibilities to our stakeholders
  5. Effectively address the stakeholders’ concerns: This step forces to take action to effectively address the stakeholders’ concerns.

You can learn more about stakeholder at brainly.com/question/15532995

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4 0
2 years ago
What are the effects of using leverage on cash flows?
OleMash [197]

The effects of leverage
Leverage, however, will increase the volatility of a company's earnings and cash flow. In finance, the term is used to describe the amount of cash (currency) that is generated or consumed in a given time period. There are many types of CF, as well as the risk of lending to or owning said company
3 0
2 years ago
When a country experiences capital flight, its net capital outflow, a. which is part of the demand for loanable funds, increases
Dahasolnce [82]

Answer:

D

Explanation:

Capital flight will reduce the quantity of money supply that can be loaned to investors.

8 0
3 years ago
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