The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as s<span>upplies Cash
Hope this helps!!</span>
<span>A bear market is distinguished by a declining stock market and decreasing investor confidence. A bear market is when security prices fall and the stock market starts to take a downward turn. The market tries to become self-sustaining so investors start to sell off their stocks and securities. </span>
Answer:
Flashfone and Pictech
The Nash equilibrium is achieved when Pictech and Flashfone price their smartphones high without the other party changing their strategy.
Explanation:
a) Data and Calculations:
Pictech
High Low
High 8 8 3 10
Flashfone
Low 10 3 5 5
b) By acting at the Nash equilibrium and pricing their smartphones high, Pictech and Flashfone achieve a payoff of $8 million respectively. This payoff level does not put any of the two firms at a disadvantage.
With compound interest on a principal of $5,000.00 at a rate of 8% per year compounded 1 time per year over 12 years is $12,590.85.
<h3>Compound interest</h3>
Given Data
Assuming a compounded interest approach
A = P + I where
P (principal) = $5,000.00
I (interest) = $7,590.85
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 8/100
r = 0.08 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.08/1)(1)(12)
A = 5,000.00(1 + 0.08)(12)
A = $12,590.85
Learn more about compound interest here:
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$3.56 is the capital gain
<u>Explanation:</u>
<u>Credenze industries
</u>
The Dividend = 1.70 , Cost of capital = 9% , Selling price =62 , calculation of Expected capital gain =?
<u>In order to calculate the Present market price (PM) ,
</u>
Let the PM (Present market value) = x
The Cost of equity = the change in market price + dividend
=> X = $ 58.44 .
Therefore, the Capital Gain that has been gained is = $ 3.56
