Answer:
Option (a)
Explanation:
Whenever a company publicly sells new stocks and bonds for the first time, it does so in the Primary Capital Market. This market is also referred to as new issues market for this very reason.
The Secondary capital market is where securities are traded after the company has sold it's offerings in the primary market. This is also referred to as the stock market.
The New York Stock Exchange (NYSE) and NASDAQ are secondary markets.
Hence, if General Electric were to issue new stock this year it would be considered a secondary market transaction since the company already has stock outstanding.
Answer:
The investment of $1000 that yields 12% interest per year would become $2000 in 6 years' time as shown by the calculation below
Explanation:
In determining the how long it would take for the investment to become $2000, the future value formula stated below is used.
FV=PV*(1+r)^N
FV is the $2000
PV, present value is $1000
r is the rate of return at 12%
2000=1000*(1+0.12)^N
2000/1000=1.12^N
2=1.12^N
by taking log of both sides the equation becomes
ln 2=N ln 1.12
N= ln 2/ln 1.12
N=6.116255374
approximately N is 6 years
Answer:
Check the explanation
Explanation:
If Mary issues stock, she would not be bearing any interest expense for the money she raised. since all the money she raised is through stock. Therefore, Cash flow for the year would be
$69000: [1592,000 *5150,000/ (V50,000+550,000)]
This is the cash flow for the year to be for Mary if she issues stock and remains open 6 days a week
Answer:
The answer is: The overhead variance was $1,700 and it was overapplied
Explanation:
Victryl's estimated overhead cost per labor hour was:
$700,000 / 35,000 = $20 per labor hour
If during February, Victryl had 5,000 direct labor hours, then its estimated cost should have been: $20 x 5,000 = $100,000 estimated overhead cost
The actual overhead cost was $98,300, which is $1,700 less than the estimated cost.
Answer: infant industry argument
Explanation:
The infant industry argument simply means that the new industries in a particular economy should be protected at all cost from the multinationals or already developed foreign firms so that they themselves can grow and that the foreign firms will not hinder their progress and growth.
This usually applies to small and newly established firms. One of the main reason for taxation is to help protect such industries from competition thqt can hinder them.
