Answer:
The answer is rise, fewer
Explanation:
When the market is more optimistic about a firm, its share price will RISE OR INCREASE as a result, it will need to issue FEWER shares to raise funds that are needed.
Share price can increase as a result of positive economic environment. For example, the company is making consistent profit, prevailing economic or environmental conditions are favouring the company.
When this happens, company will issue lower shares to raise fund because many investors will be looking to buy their shares.
Answer:
Weighted average unit cost = $8.78
Explanation:
<em>The weighted average method of inventory determines the average cost per unit of inventory each time a new batch is received. or every new batch received the average cost per unit is re-computed by dividing the total value of stock by the outstanding number of units.</em>
The explanation is completed using calculation below:
Total value of stock = (250× $5) + (500×$9) + (375 × 11) = $9,875
Total units of stock = 250 + 500 + 375 = 1,125 units
Weighted average unit cost = Total value of stock / total units of stock
= $9875
/ 1125 units = $8.78
Weighted average unit cost = $8.78
Answer:JC Coffee house journal$
Date
a. June 1 2022
Bank Dr. 15,000
Gem state bank Cr. 15,000
Narration. Acquisitions of $15,000, 8%, 7c months loan.
b. June 30, 2022
Interest Dr 1200
Gem bank Cr. 1200
Interest on loan for the month of June
C. Interest as at December 31 2022
8% * $15,000*7
=$8400
Jan 1 2023
Gem state bank Dr 23,400
Bank. Cr. 23,400
Narration. Payment of $15,000, at 8% , 7 months and associated interest on maturity.
Answer:
13.70%
Explanation:
We use the PMT formula which is to be shown in the attachment
Given that,
Present value = $1,326.50
Future value = $1,000
Rate of interest = 9.8% ÷ 2 = 4.9%
NPER = 18 years × 2 = 36 years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the PMT is
= $68.48 × 2
= $136.92
Now the coupon rate is
= $136.92 ÷ $1,000
= 13.70%
