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riadik2000 [5.3K]
3 years ago
11

Long-term investments that cost the company $25 were sold during the year for $54 and land that cost $53 was sold for $28. In ad

dition, the company declared and paid $22 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock.
Business
1 answer:
adell [148]3 years ago
6 0

Answer:

Explanation:

Long-term Investment cost = $25

Long-term Investment sales value = $54

Gain from Long-term Investment = $(54-25) = $29

Land cost = $53

Land sales value = $28

Loss from sale of Land = $(28-53) = -$25

Cash Dividend paid = $22

Total change in Assets = $(29-25) = $4

Total change in Equity = -$22

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After carefully going over your budget, you have determined you can afford to pay $632 per month toward a new sports car. You ca
ZanzabumX [31]

Answer:

I can borrow $24,000

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

The amount of loan can be calculated as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Amount of Loan = $632 x [ ( 1- ( 1 + 1% )^-48 ) / 1% ]

Amount of Loan = $632 x [ ( 1- ( 1.01 )^-48 ) / 0.01 ]

Amount of Loan = $24,000

r = 7.17%

Interest rate is 7.17%

4 0
3 years ago
the flu trends model was based on: group of answer choices correlation causation average absolute deviation none of the above
mote1985 [20]

None of the above. The Flu Trends model was based on Goo-gle search data.

<h3>Goo-gle Flu Trends and the Power of Big Data</h3>

In 2009, Goo-gle launched a new service called Goo-gle Flu Trends. The service used data from Goo-gle searches to estimate the level of flu activity in different areas of the United States. The results were pretty accurate - in some cases, Goo-gle Flu Trends was able to detect flu outbreaks before government health agencies did.

Goo-gle Flu Trends was a great example of the power of big data. By analyzing a large dataset, Goo-gle was able to find patterns that would have been otherwise undetectable. And because Goo-gle has so much data, its findings were often more accurate than those of government health agencies.

Unfortunately, Goo-gle Flu Trends was discontinued in 2015. But its legacy lives on - other companies are now using big data to detect disease outbreaks, and the field of data science is only getting more important.

Learn more about trends models:

brainly.com/question/15552860

#SPJ4

7 0
1 year ago
Incite Co. has a 30 percent tax rate. Its total interest payment for the year just ended was $43.4 million. What is the interest
inn [45]

Answer: $13,020,000

Explanation:

Given that,

Tax rate = 30%

Total interest payment for the year just ended = $43,400,000

Interest Tax Shield = Tax rate × Total interest payment

                               = 30% × $43,400,000

                               = 0.30 × $43,400,000

                               = $13,020,000

Therefore, the interest tax shield is $13,020,000.

7 0
3 years ago
Consumers and businesses are able to purchase from governments and private companies, which are debt certificates. Investors can
Assoli18 [71]

Answer:

True

Explanation:

Debt certificate is a written agreement of purchasing a bond from a private company or government, it gives information regarding the maturity date, face value and principal amount. They are normally issued to consumers and business, but investors can also buy bonds or debt certificate by buying the right to loans and mortgages, it allows them to buy debt certificates.

5 0
3 years ago
Which of the following gave workers a reason to form early unions?    
sveta [45]
I believe the answer is B because unions serve to protect workers' rights
7 0
3 years ago
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