Answer:
Explanation:
Issued 20,000 shares of $8 par common stock for $26 a share; brings total shares outstanding to 50,000 shares
Bank A/c………Dr. 520000
To Share Capital A/c. 160000
To Paid in excess of par 360000
Issued 6,000 shares of $100 par, 6%, cumulative preferred stock for $150 per share
Bank A/c………Dr. 900000
To Preferred Stock A/c. 600000
To Paid in excess of par. 300000
When the market value of the common stock reached $15 a share, company A declared a 3-for-1 stock split reducing the par value to $188 per share.
Share Capital (par value at 8) 400000
To Share Capital (par value at 2.67)
400000
Answer:
C. straight rebuy
Explanation:
Straight rebuy -
It is the method , when the customer purchases another identical goods in the same amount with the same terms and condition , from the very same supplier , is known as straight rebuy .
Hence , from the question ,
The United States Navy buys uniform from the same supplier for the last 25 years .
Therefore ,
the information given in the question is about straight rebuy .
Answer:
37% compounded annually
Explanation:
To find the answer we need to follow this formula:
Where:
- P = Present value of the stock
- I = Initial value of the stock
- r = Interest rate
- n = number of compounding periods
Now we plug the amounts into the formula:
900,000 = 150,000 (1 + r)^13
900,000 / 150,000 = (1 + r)^13
60 = (1 + r)^13
Ln60 = 13 Ln(1 + r)
4.09 / 13 = Ln(1 +r)
0.31 = Ln(1 + r)
e0.31 = Ln(1 + r)
1.37 = 1 + r
1.37 - 1 = r
0.7 = r
Thus, the annual interest rate is 37%
the answer would be $2,000.00 because that is what your going to owe in a year you are getting one year interest free
Farms used to grow crops mainly for local consumption during the colonial era were called 'haciendas'.
Haciendas are rural, agricultural homesteads found in all Spanish-speaking nations with colonial histories. They were first established in South America during the Era of Discovery when Spain laboriously conquered the New World. Originally, estates were active in mining, raising cattle, and/or farming, and their affluent Spanish owners hired native laborers to manage their lands.
Although the laborers at haciendas were not considered slaves, their employment would undoubtedly be referred to as "forced labor" in modern parlance. Though they were technically free to come and go, their lives were not all that different from slaves' in many ways. Haciendas contributed to the principal exports of Latin America up to the 20th century, including coffee, sugar, beef, leather, various vegetables, and cereals.
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