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3 years ago

THIS IS A RANDOM QUESTION can someone spill some tea bc im bored

Business

2 answers:

defon3 years ago

8 0

Answer: there is no tea we are all in quarantine

Explanation:

lesantik [10]3 years ago

6 0

Answer:

yes i can spill water though

Explanation:

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The balance in Jahapp Inc.’s Cash account was $6,320 at April 30, 2019 before reconciliation. The April 30, 2019 balance shown i

Citrus2011 [14]

Answer:

$6,240.

Explanation:

Reconciliation Statement

Bank balance before reconciliation $4,590

Add: Deposits in transit 2,600

Less: Outstanding Checks (950)

Reconciled Bank Balance at April 30, 2019 $6,240

Cash balance before reconciliation $6,320

Add: Interest Revenue 60

Less: Bank service charges (140)

Reconciled Cash Balance at April 30, 2019 $6,240

<u>Notes</u>

- Deposit in transit and Outstanding checks are already recorded in company's books but not yet recorded with the bank because these checks might have reached bank after working hours. So, we have to update the bank's record.

- We have to update the cash balance with the information that is with the bank and has been provided to us at the period end. This include the interest revenue, already updated in the bank balance, and bank service charges.

7 0

4 years ago

Acquiring Company is considering the acquisition of Target Company in a stock for stock transaction in which Target Company woul

ad-work [718]

Answer:

1) 0.8333

2) 16,666

3) 2.33

4) 56.40

5) 2.2

Explanation:

Share Exchange Ratio = Price per share for Target Company / Market price per share for Acquiring Company = $50 / $60 = 0.8333

New shares issued by Acquiring Company = Shares of Target Company x Exchange ratio (20,000 x 0.8333) = 16,666

Total shares outstanding of the combined companies = 60,000 + 16,666 = 76,666

Post-merger EPS of the combined companies = ($150,000 + $30,000)/ 76,666 = $2.35

Pre-merger EPS of Acquiring Company = $150,000 / 60,000 = $2.50

Post-merger share price = $2.35 x 24 (pre-merger P/E = $60.00/$2.50) = $56.40

Purchase price = 50 * 20,000 = 1,000,000

Interest expense = 1,000,000 * 8% = 80,000

Post-merger earnings = 150,000 + 30,000 – 80,000 * (1-0.4) = 132,000

Therefore, Post-merger EPS of the combined companies = 132,000/60,000 = 2.2

6 0

4 years ago

Xyz corporation has suffered a major downturn in business and will not be able to pay interest on its bonds. this is an example

pshichka [43]

Answer:

The correct answer would be option A, Financial.

Explanation:

Xyz corporation has suffered a major downturn in business, and will not be able to pay interests on its bonds. This is an example of Financial Risk.

When companies or corporations face downturns in business, they actually encounter financial losses which in turn will affect the corporation and the shareholder or stockholders or bond holders. People who invested in the bonds of the company will not be able to get interests on their investments with the corporation. This is because the corporation is suffering financially and can't pay money or interest to the bond holders. This is a true financial risk for the investors as well as for the corporation.

8 0

3 years ago

Seaside issues a bond with a stated interest rate of 10%, face value of $50,000, and due in 5 years. Interest payments are made

mars1129 [50]

Answer:

Total $46,319.9565

Explanation:

We need to calculate the value of the present value of the bond payment

and the maturity using the current market rate

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2500 (50,000 x 0.10/2)

time 10 (5 years 2 payment per year)

rate 0.06 (12% annual --> divide by 2 to convert semiannual)

$2500 \times \frac{1-(1+0.06)^{-10} }{0.06} = PV\\$

PV $18,400.2176

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 50000

time 10

rate 0.06

$\frac{50000}{(1 + 0.03)^{10} } = PV$

PV $27,919.7388

PV bond interest payment $18,400.2176

PV maturity payment $27,919.7388

Total $46,319.9565

3 0

3 years ago

Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling fo

wolverine [178]

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.

4 0

4 years ago