Answer:
D. 11%
Explanation:
Step 1. Given information.
400,000
500,000
300,000
400,000
2,000,000
Step 2. Formulas needed to solve the exercise.
- Addition of the cumulative shares = 400,000 + 500,000 + 300,000 + 400,000 + 2 million = 3.6 million.
-
self share = 400000 = 0.4 million
- David Shares = self share / addition of cumulative shares
Step 3. Calculation. and Step 4. Solution.
David's share = 0.4/3.6 = 11%
Answer:
7.75%
Explanation:
We are given the present and future value of the bonds, the payments, and the number of payments, but we must determine the discount rate. Since I like to use excel, I will prepare a payment a series of cash flows to determine the internal rate of return:
- initial cash flow = -1,128
- 37 cash flows = 88
- 38th cash flow = 1,088
using the IRR function:
=IRR(-1128,88 ... 37 times,1088) = 7.75%
In order for Bdj Co. to be able to sell their bonds at par value, they should offer a 7.75% coupon rate.
Answer:
$ 184,650
Explanation:
Heffner Advertising Services Retained Earnings Statement For the Year Ended December 31, 2018
Retained earnings, January 1st, 2018 $180,650
Net Income$ 19,500
Dividends($23,500)
Change in retained earnings
($19,500- $23,500) $ 4,000
Retained earnings, December 31st, 2018
($180,650+$4,000) $ 184,650
Therefore Heffner Advertising Services Retained Earnings Statement For the Year Ended December 31, 2018 will be $184,650
Answer:
A. The export and import of goods and services
Explanation:
The current account refers to the trade balance of a country. It is the record of a country's transactions with the rest of the world.
Current account includes imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid.
The current account of a country can either be a surplus (positive) or a deficit (negative).
Surplus current account is when a country's export is greater than its import.
Deficit current account is when a country's export is less than its import.
Import refers a situation where a country buys goods from another country.
Export refers to a situation where a country sells to other countries of the world.
The current account is a part of the balance of payments, the other part is the capital or financial account.
Financial/capital account measures cross-border investments in financial instruments and changes in central bank reserves.
Answer:
Break-even point in units= 6,250
Explanation:
Giving the following formula:
selling price per unit $150
Variable cost per unit $90
Total fixed costs $300,000
Desired profit $75,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (300,000 + 75,000) / (150 - 90)
Break-even point in units= 6,250
