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Solnce55 [7]
3 years ago
11

A company borrows $100,000 from a bank; this is part of the: a. Secondary debt market b. Primary debt market c. Secondary equity

market d. Primary equity market
Business
1 answer:
katrin [286]3 years ago
3 0

Answer:

The answer is B. Primary Debt Market

Explanation:

Primary Debt Market is a type of market in which participants issue/obtain loan(bonds, notes, bills etc.)directly from a company(bank or lender).

The money is directly from the bank to the debtor(the company that is borrowing money).

Option B is incorrect because secondary debt market is from hand to hand i.e from debtor to debtor.

For example, Mr A. obtains a loan of $1000 dollar from a bank. This is primarily debt market. And afterwards Mr A. sells this particular loan to Mr B. This is secondary debt market because it is not directly from the bank.

Option C and D are incorrect because this transaction is a debt transaction and not an equity transaction

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A company's board of directors votes to declare a cash dividend of $1.10 per share of common stock. The company has 22,000 share
lutik1710 [3]

Answer:

$18,150

Explanation:

Calculation for the total amount of the cash dividend

Since A company's board of directors  has votes to declare the  cash dividend of $1.10 per share of common stock, this means we have to multiply the cash dividend per  share of common stock by the shares outstanding which is $16,500

Using this formula

Cash dividend per share of common stock * Shares outstanding

Let Plug in the formula

$1.10*16,500

=$18,150

Therefore the total amount of the cash dividend  will be $18,150

5 0
3 years ago
During the current year, sales on account were $306,673, collections on account were $290,750, write-offs of bad debts were $7,0
sweet-ann [11.9K]

Answer:

  • 1-a. Complete the Accounts Receivable and Allowance for Doubtful Accounts T-accounts to determine the balance sheet values. Disregard income tax considerations.

Accounts Rec T-Account  

$ 306.673 Debit

$ 290.750 Credit

$ 7.059    Credit

$ 8.864    Debit Balance

Allowance for Doubtful Accounts T-Account  

$ 7.059 Debit

$ 4.775 Credit

$ 2.284 Debit Balance

  • 1-b. Complete the amounts related to Accounts Receivable and Bad Debt Expense that would be reported on the income statement for the current year.

$ 4.775   Dr Bad Debt Expense

  • 1-c. Complete the amounts related to Accounts Receivable and Bad Debt Expense that would be reported on the balance sheet for the current year.

$ 2.284    Dr (Debit) Allowance for Uncollectible Accounts

$ 8.864    Dr (Debit) Accounts Receivable                        

Explanation:

  • Initial Balance

Dr Accounts Receivable  $ 306.673

 

  • Write-offs of bad debts  

Cash $ 290.750

Cr Accounts Receivable  $ 290.750

 

  • Write-offs of bad debts  

Dr Allowance for Uncollectible Accounts $ 7.059

Cr Accounts Receivable  $ 7.059

 

  • Bad debt expense adjustment  

Dr Bad Debt Expense $ 4.775

Cr Allowance for Uncollectible Accounts $ 4.775

 

  • 1-b. Complete the amounts related to Accounts Receivable and  

Bad Debt Expense that would be reported on the INCOME STATEMENT for the current year  

Dr Bad Debt Expense $ 4.775

 

  • 1-c. Complete the amounts related to Accounts Receivable and  

Bad Debt Expense that would be reported on the BALANCE SHEET for the current year.  

Dr Allowance for Uncollectible Accounts $ 2.284

Dr Accounts Receivable  $ 8.864

6 0
3 years ago
Opponents of rehabilitation efforts in penal institutions get support for their position by pointing to Martinson's study, which
Damm [24]
B. people who are "rehabilitated" still commit crimes once released from prison.
6 0
3 years ago
Read 2 more answers
If consumption expenditures are $200 billion, total investment is $50 billion, government purchases are $40 billion, exports are
kolezko [41]

Based on the information given the aggregate expenditures must be: $295 billion.

Using this formula

Aggregate expenditure= Consumption expenditures+ Total investment + Exports

Where:

Consumption expenditures=$200 billion

Total investment= $50 billion

Exports=$45 billion

Let plug in the formula

Aggregate expenditure=$200 billion+$50 billion+$45 billion

Aggregate expenditure=$295 billion

Inconclusion the aggregate expenditures must be: $295 billion.

Learn more here:

brainly.com/question/14956152

4 0
2 years ago
At the cinemas, diet cola and peppy soda are the two most popular brands of cola sold to customers through vending machines. thi
Mekhanik [1.2K]
Based on the description above, it is an example called automated retailing. This is being described as a self-service category in which individuals are likely to buy products from a machine that sells products in a way that they reach the customers in a more innovative and a non-traditional technique that makes it more appealing to the public.
7 0
3 years ago
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