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8 months ago

9

Your automatic payment option pays bills of $23.17, $55.67, $2,345.15, $575.25 and $1.15. How much was the mean payment?

1 answer:

ollegr [7]8 months ago

0 0

Answer:

$600.078

Explanation:

the mean is also the average which is the total sum divide by 5

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A company's $100, 8% preferred is currently selling for $85. What is the company's cost of preferred equity? 8.0%. 9.4%. 10.8%.

german

Answer:

correct option is 9.4%

Explanation:

given data

amount = $100

rate = 8%

currently selling = $85

solution

we get here cost of preferred equity that is express as

cost of preferred equity = $\frac{amount*rate}{selling\ price}$ ..............1

put here value we get

cost of preferred equity = $\frac{100*0.08}{85}$

cost of preferred equity = $\frac{8}{85}$

cost of preferred equity = 9.4%

so correct option is 9.4%

5 0

1 year ago

If there are no unexploited opportunities for individuals in a particular market, then one can conclude that:

charle [14.2K]

Answer:

The answer is "Market is in equilibrium".

Explanation:

When there is no undeveloped probability for just an individual on even a market, these can be inferred that even a system of the whole nature is a balanced industry and as per the concepts of balance. This already means that the person could not be taking advantage of any opportunities or profits which can be made by mass bargaining on a market.

4 0

1 year ago

A $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash. The only changes affecting retained

netineya [11]

Answer:

Ikiban Inc.

Statement of Cash flows

For the Year Ended June 30, 2017

Cash flow from operating activities:

Net income $117,510

Adjustments to net income:

Depreciation expense $67,600
Decrease in inventory $27,200
Decrease in prepaid expenses $1,900
Increase in accounts receivable ($18,500)
Gain from sale of equipment ($3,000)
Decrease in accounts payable ($9,500)
Decrease in wages payable ($9,900)
Decrease in taxes payable ($2,800) $53,000

Net cash flow from operating activities $170,510

Cash flow from investing activities:

Purchase of new equipment ($67,600)

Disposal of old equipment $13,500

Net cash flow from investing activities ($54,100)

Cash flow from financing activities:

Issuance of common stock $69,000

Retirement of note payable ($30,000)

Distributed dividends ($106,310)

Net cash flow from financing activities ($67,310)

Net cash increase $49,100

Cash balance June 30, 2016 $53,000

Cash balance June 30, 2017 $102,100

4 0

9 months ago

Provide some examples of items that would be adjusted directly against equity, rather than being included as part of profit or l

Hunter-Best [27]

Answer:

1.Common Stocks Issues and Repurchases

2.Preference Stocks Issues and Repurchases

3.Dividends Declared

Explanation:

Common Stocks Issues and Repurchases

Common Stockholders have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Preference Stocks Issues and Repurchases

Preference Stockholders do not have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Dividends Declared

Dividends Paid are not included in Profit and Loss but in Statement of Changes in Equity.

Payment of Dividends adjusts the Retained Earnings Amount in Statement of Changes in Equity.

5 0

9 months ago

When heavy rain ruined the banana crop in central america, the price of bananas rose from $0.90 a pound to $1.10 a pound. ban

HACTEHA [7]

Answer: Total revenue is given by

$TR=P*Q$

When price of bananas increase from $0.90 to $1.10 a pound and total revenue remained unchanged, it means that the quantity of Bananas sold must have decreased.

Suppose at $0.90 we sold 10 pound bananas getting us $9 revenue.

This means that at $1.10 we have to sell 8 Banana's to get the same amount of revenue.

So, change in quantity = $= \frac{10-8}{10} = 20%$

So, their is a decline of 20% in the quantity of Bananas sold.

3 0

11 months ago