Answer:
Total assets is increased by $18,100
Explanation:
The computation is shown below:
= Cash received from the issue of stock + revenue earned on account - cash paid for operating expenses
= $15,000 + $8,500 - $5,400
= $18,400
This positive amount shows that there is an increase in the total assets for $18,100
The cash collected from the account receivable is not relevant. Hence ignored it
Answer:
Laurel: price will decrease by 4.73% if the rates increases by 2%
and it will increase by 5.66% if the rates decreases by 2%
Hardy:
+22.28% if rate fall by 2%
-16.05% if rate decrease by 2%
Explanation:
To solve for percentage we use $1 as face value
We solve calculating the preent value of the coupon payment using the present value of an ordinary annuity formula
and add it with the present value of maturity which is calculate with the present value of lump sum
Laurel Inc:
C 0.0350
time 6.0000
rate 0.0450
PV 0.1805
Maturity 1.00
time 3.00
rate 0.09
PV 0.77
PV c $0.1805
PV m $0.7722
Total $0.9527
0.9527 - 1 = - 0.0473
a decrease of 4.73 if rate increase by 2%
C 0.0350
time 6.0000
rate 0.0250
PV 0.1928
Maturity 1.00
time 3.00
rate 0.05
PV 0.86
PV c $0.1928
PV m $0.8638
Total $1.0566
5.66% increase if rates fall 2%
For Hardy Corp we do the same procedure
C 0.0350
time 32.0000
rate 0.0250
PV 0.7647
Maturity 1.00
time 16.00
rate 0.05
PV 0.46
PV c $0.7647
PV m $0.4581
Total $1.2228
22.28% if rate fall by 2%
C 0.0350
time 32.0000
rate 0.0450
PV 0.5876
Maturity 1.00
time 16.00
rate 0.09
PV 0.25
PV c $0.5876
PV m $0.2519
Total $0.8395
0.8395 - 1 = 0.1605
Cut of alcohol
Explanation:
If they drink mre they are likely to becom drunk and migjt get into an accident
Answer:
A. not affect the total value of any of the equity accounts.
Explanation:
A balance sheet can be defined as a financial statement of an organization which is typically used to record financial informations liabilities, capital, shareholder's equity, assets, debts at a specific period of time.
In respect to a balance sheet, a stock split will not affect the total value of any of the equity accounts.
A stock split can be defined as a process in which a company divides its existing shares of the stock it owns into multiple new shares to its shareholders in proportion to the amount of their holdings. Thus, a stock split will not affect the total value of any of the equity accounts with respect to a balance sheet.