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3 years ago

In the context of a firm's economic resources, cash, inventory, and equipment represent its _____.

1 answer:

3 0

I would say that cash, inventory and equipment represent a company's capital in other words what it uses to make more money with ie cash for buying supplies, paying contractors etc, inventory could be its products available to be sold and equipment could be its means of production such as in an open pit mine the electric shovels and haultrucks and also missing is labour which is essential to a company for production and to make a profit.

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A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require

zalisa [80]

Answer:

$46.31

Explanation:

Calculation to determine the current share price

Using this formula

Current share price=6.5*Present value of annuity factor(9.1%,12)

Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate

Let plug in the formula

Current share price=6.5*[1-(1+0.091)^-12]/0.091

Current share price=6.5*[1-(1.091)^-12]/0.091

Current share price=6.5*7.124793

Current share price=$46.31

Therefore the current share price will be $46.31

6 0

3 years ago

Hosung Company's Cash account shows a balance of $801.65 as of August 31 of this year. The balance on the bank statement on that

Sergio039 [100]

Answer:

$603.65

Explanation:

The correct and accurate cash balance need to be calculated. This is done by preparing a Bank Reconciliation Statement.

Bank Reconciliation Statement.

Balance as per Bank Statement $1,383.00

Add Outstanding Lodgments $0

Less Unpresented Checks ($260.50 + $425.10 + $331.00) ($1,016,60)

Add Error on Bank Statement $237.25

Balance as per Cash Book $603.65

therefore,

the adjusted ledger balance of cash as of August 31 is $603.65

5 0

3 years ago

Which of the following has the biggest impact on consumer goods during war times?

amm1812

<h3>Full question:</h3>

Which of the following has the biggest impact on consumer goods during war times?

a. Consumers deferring purchases in hopes of a better deal

b. High interest rates

c. Low inflation

d. High inflation

Answer:

The biggest impact on consumer goods during war times was High inflation

Explanation:

Inflation raised during or as an immediate outcome of these struggles of stock markets endured dull subsequent termination of the war. The government demanded to execute price and wage restrictions in acknowledgment of inflation which had risen due to the extra inducement that was generated by government spending.

Distinctly, both using and financing continued building subsequent the war; nevertheless, the growth was beneath the course rate before the war. Prices, influenced by the rate of inflation, commonly affect consumer spending on goods significantly.

6 0

3 years ago

Exercise 9-15A (Static) Using the current ratio to make comparisons LO 9-7 The following information was drawn from the balance

kiruha [24]

Answer:

a. 1.5 and 1.8

b. Montana

Explanation:

Below is the calculation for the current ratio:

a. Formula used, Current ratio = Current assets / Current liabilities

Current ratio of Kansas = 59000 / 40000 = 1.5

Current ratio of Montana = 78000 / 43000 = 1.8

b. The company that has a higher current ratio will have a greater likelihood to pay bills so Montana is the correct answer.

6 0

3 years ago

1. The point at which quantity demanded and quantity supplied are equal:______

salantis [7]

Answer:

1. Market Equilibrium, 2. Interest Rate, 3. Rationing, 4. Supply Shock, 5. Excess Supply, 6. Excess Demand, 7. Price Floor

Explanation:

1. The point at which quantity demanded and quantity supplied are equal: Market Equilibrium

2. The financial and opportunity costs consumers pay in searching for a good or service : Interest Rate

3. A system of allocating scarce goods and services by criteria other than price: Rationing

4. A sudden drop in the supply of a good: Supply (decrease - leftward shift) shock

5. Any situation in which quantity supplied exceeds quantity demanded: Excess Supply

6. Any situation in which quantity demanded exceeds quantity supplied: Excess Demand

7. A government-mandated minimum price that must be paid for a good or service: Price Floor (Minimum Support Price)

8 0

2 years ago