Answer:
a. Additional paid-in capital:
= Amount received from shares issued - Common stock
= (33 per share * 93,000) - 465,000
= $2,604,000
b. Beginning retained earnings:
Ending retained earnings = Beginning retained earnings + Net income - Dividend
830,000 = Beginning retained earnings + 1,120,000 - 720,000
Beginning retained earnings = 830,000 - 1,120,000 + 720,000
= $430,000
c. Treasury stock:
= Shares issued - Shares outstanding
= 93,000 - 65,000
= 28,000 shares
Answer:
Ans. your monthly payment, for 30 years is $9,257.51 if you buy a property worth $1,000,000 and you make a down payment of $100,000
Explanation:
Hi, first we have to change the fixed rate in terms of an effective monthly rate, which is 1% effective monthly (12% nominal interest/12 =1% effective monthly). After that, take into account that the property is going to be paid in 30 years, but since the payments are going to be made in a montlhly basis, we have to turn years into months (30 years * 12 = 360 months).
After all that is done, all we have to do is to solve the following equiation for "A".
Where:
A= Annuity or monthly payment
r= Rate (effective monthly, in our case)
n= Periods to pay (360 months)
Everything should look like this.
Best of luck.
Psychographic segmentation uses the lifestyle of people, their activities, interests as well as opinions to define a market segment. Psychographic segmentation takes the psychological aspects of consumer buying behavior into account. These psychological aspects may be consumers lifestyle, his social standing as well as his activities, interests, and opinions.
Answer:
20.83%
Explanation:
Data provided
Dividend = $2.50
Required rate of return = 12%
The computation of the current price of the stock is shown below:-
The current price of stock = Dividend ÷ Required rate of return
= $2.50 ÷ 12%
= 20.83%
So, for computing the current price of the stock we simply divide the dividend by required rate
Answer and Explanation:
The subject of the email is too long and contains all the information. The subject should have been: Proposal draft due on Friday. Rest of the information should have been included in the body of the email.