The present market price of Moribund stock stands at $22.58.
<h3>What is market price?</h3>
- Market value is another term for current price. It is the most recent price at which a share of stock or other security was traded. The current price serves as a baseline in an open market.
- The market price is the current cost of purchasing or selling an asset or service. The details of supply and demand decide the market price of an investment or assistance.
- The market price is the price at which quantity supplied equals quantity demanded.
- The market price is the price that exists on a specific day or at a specific time. It is the result of market supply and demand. Normal prices, on the other hand, are the result of long-term demand and supply.
To learn more about market price, refer to:
brainly.com/question/14612966
#SPJ4
Answer:
(a) Barton's investment
Date Account Titles and Explanation Debit Credit
Accounts receivables $44,900
($48,000 - $3,100)
Equipment $90,000
Allowances for uncollectible $1,300
Barton Capital $133,600
(To record Barton's contribution)
(b) Fallows' investment
Date Account Titles and Explanation Debit Credit
Cash $28,700
Merchandise Inventory $60,500
Fallow Capital $89,200
(To record Fallow's contribution)
A legal description would provide the least ambiguous description of a property, for purposes of a deed.
A legal description is the geographical description of real estate that identifies its precise place, barriers, and any easements for the motive of a legal transaction, such as a transfer of possession. A criminal description is saved with the deed and filed with the county clerk or county tax assessor.
There are 3 types of legal descriptions of belongings typically used: metes and limits, government survey, and lot and block.
An avenue to cope with is not a legal description. road addresses regularly alternate, and that they had been never intended to offer a reliable description for purposes of deed education. An avenue to deal with isn't always sufficient to serve as a good enough criminal description of the actual estate.
Learn more about A legal description here
brainly.com/question/14414648
#SPJ4
Answer: $3,580.30 (converted to 2decimal places).
Antwone need to deposit " $3,580.30008” into the account each semi-annual period in order to take his vacation in 2 years
Explanation:
By using compound interest formula below to solve the question
A = p ( 1 + r/n)^nt
A = amount (future value)= $3,800
P = principal (present value) ?
r = annual nominal rate = 3%= 0.03
n = today number of compounding years = semiannually (2 interest payments period in a year) = 2
t = time in years =2
3,800 = p ( 1 + 0.03/2)^2(2)
3,800 = p ( 1 + 0.015 )^4
3,800 = p ( 1.015 ) ^4
3,800 = 1.06136355 p
divide both sides by 1.06136355
p = 3,800 / 1.06136355
p = $3,580.30008
≈$3,580.30 ( rounded off to 2d.p)
