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3 years ago

Please match the hypothetical scenarios with the correct type of good.

1 answer:

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Pierre produces cheese in France and ships it to his sister living in Canada, who then sells it in her local bakery. - Consumption goods and services, export goods and services, real estate.

In her capacity as an FBI agent, Jean purchases a new vehicle for use by the agency to track missing persons. - Government goods and services

Wanda purchases six new sewing machines for her tailoring business, which she hopes will increase the number of custom alterations she can perform each week. - Capital goods

<u>Explanation:</u>

Goods and services in Economics are the goods which are used by the consumers in the economy to satisfy the needs and the demands of the consumers in the economy.

These goods can be of different types like capital goods and consumer goods. The capital goods are of capital nature which is to be used for further production by the producer and they can be for the purpose of direct consumption also by the consumer and the clients.

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AMC Corporation currently has an enterprise value (EV) of $400 million and $100 million in excess cash. The firm has 10 million

algol [13]

Answer:

a. AMC's share price prior to the share repurchase is $ 50 per share

b. AMC's share price after the repurchase if its enterprise value goes up is $75.00 per share

Explanation:

a. In order to calculate AMC's share price prior to the share repurchase we would have to make the following calculation:

AMC's share price prior to the share repurchase=Market Capitalization/Number of shares outstanding

According to the given data Number of shares outstanding=10 million shares

Market Capitalization=Enterprise Value + Cash in Hand

Market Capitalization=$400 million + $100 million

Market Capitalization=$500 million

Therefore, AMC's share price prior to the share repurchase=$500 Million / 10 million shares

AMC's share price prior to the share repurchase= $ 50 per share

b. To calculate AMC's share price after the repurchase if its enterprise value goes up we would have to make the following calculation:

AMC's share price after the repurchase if its enterprise value goes up=Market Capitalization/Number of shares outstanding after repurchase

According to the given data After the share repurchase, news will come out that will change AMC's enterprise value to $600 million, hence, Market Capitalization=$600 million

Number of shares outstanding after repurchase=Number of shares outstanding-Number of shares repurchased

Number of shares repurchased= Cash used for repurchase / Market Price per share

Number of shares repurchased=$ 100 million / $ 50 per share

Number of shares repurchased= 2 million shares

Hence, Number of shares outstanding after repurchase=10 million - 2 million

Number of shares outstanding after repurchase=8 million

Therefore, AMC's share price after the repurchase if its enterprise value goes up=$600 million/ 8 million

AMC's share price after the repurchase if its enterprise value goes up=$75.00 per share

5 0

3 years ago

A firm's annual stockholders' report ________. documents the list of all investors who bought the firm's shares during the past

Lapatulllka [165]

Answer:

summarizes and documents the firm's financial activities during the past year

Explanation:

A firm's annual report must include a comprehensive report about the firm's financial and operational activities throughout the year. The SEC requires public corporations to prepare and disclose quarterly reports (every 3 months) that are available to both stockholders and other people interested in them. Generally private companies are required to prepare at least one annual report.

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3 years ago

Suppose all assets and liabilities can be split into two categories: fixed-rate and variable-rate. Bank profits will decline fol

morpeh [17]

Answer:

c. fixed-rate assets is greater than the value of its fixed-rate liabilities.

Explanation:

In the case when the rate of interest is reduced than the profit of the bank is increased. Also this case applied when the variable rate assets is less than the variable rate liabilities or the fixed rate of the asset is more than the fixed rate liabilities as in the given case the rate of interest would fallen the interest i.e. paid out that reduce more than the reduction in the interest income

Hence, the option c is correct

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3 years ago

Creative Solutions Company, a computer consulting firm, has decided to write off the $13,780 balance of an account owed by a cus

wlad13 [49]

Answer and Explanation:

The journal entry for recording the bad debt expense is shown below:

a. In case of when direct write off method is used

Bad debt expense $13,780

To Account receivable-Wil Treadwell $13,780

(Being bad debt expense is recorded)

Here the bad debt expense is debited as it increased the expenses and credited the account receivable as it decreased the assets

b. In case of when allowance method is used

Allowance for doubtful accounts $13,780

To Account receivable-Wil Treadwell $13,780

(Being the allowance is recorded)

Here the allowance is debited as it increased the assets and credited the account receivable as it decreased the assets

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3 years ago

do this document and I will give you 100 points send it back to me completed all the directions are on here.

Luden [163]

Answer:

I like chicken

Explanation:

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3 years ago