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WITCHER [35]
2 years ago
9

Below are the 2014 and 2015 year-end balance sheets for Tran Enterprises:

Business
1 answer:
lyudmila [28]2 years ago
8 0

Answer:

The correct option is (c)

Explanation:

From the year end balance sheet for 2014 and 2015 it can be seen that common stock balance as on 2014 was 2,000,000 and as on 2015, it increased to 3,000,000.

An increase in common stock implies that the company issued new 1,000,000 common stock in 2015.

Option (a) cannot be determined as no income statement item is given.

Option (b) is incorrect as the company reduced its short term bank debt in 2015.

Option (d) is incorrect as long term debt was issued in 2014 and not in 2015.

Option (e) is incorrect as company had issued and not repurchased common stock.

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The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag
Sergeeva-Olga [200]

Answer:

Equilibrium is the point of the interaction between the demand and supply curves.

The given graph given from the question is attached below (Image 1-2)

The solution is attached in image 3-4

6 0
2 years ago
Zephyr Inc. sells wind based systems for generating electricity. The company pays no dividends, but you estimate the stock will
-BARSIC- [3]

Answer:

$24.86

Explanation:

The estimated stock of Zephyrl is $50

This is for a period of 5 years

The rate of return is 15%

Therefore the price that will be paid for this stock can be calculated as foloes

50= x (15/100^5)

50= x (0.15+1^5)

50= x (1.15^5)

50= 2.0113x

Divide both sides by the coefficient of x

= 50/2.0113

= 24.86

Hence the price that will be paid for the stock is $24.86

3 0
2 years ago
With SMART goals, what does the “T” stand for?
finlep [7]

Answer:

time bond

Explanation:

time frame given to achieve that goal

4 0
3 years ago
Read 2 more answers
Walmart visa gift card Invalid Gift Card information. Please try again in 24 hours.
Hoochie [10]

Walmart visa gift cards are the gift cards that are used to make payments just like the credit or the debit cards used. The benefit with this is  that you get a gift with every purchase you make, making it attractive for the buyer.

<u>Explanation:</u>

Walmart visa gift cards are the cards that are used to make payment just like the debit or the credit card. The amount gets deducted directly from the account with every purchase the consumer makes. But the benefit of this is that you get an assured gift with every purchase you make. So this attracts the customers.

Walmart Visa gift cards are acceptable at the places where visa gift cards are acceptable throughout the United States of America and the district of Columbia. These gift cards are not acceptable internationally. These can only be used in the country to make purchases and not in other countries of the world.

6 0
3 years ago
Now suppose this project has an investment timing option, because it can be delayed for a year. The cost will still be $70 milli
padilas [110]

Explanation:

Qualitative analysis;

The given case belongs to real options in finance terms where the project offers tangible assets in comparison to financial instruments.

The project is of real option. The value of any real option would be more when:

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Having said that, since project is risky and investment can be made later, hence it would be more feasible to wait and observe

5 0
3 years ago
Read 2 more answers
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