Yes so good indeed queen keep it up
Answer:
a.less than $500,000
Explanation:
For computing the amount we need to applied the present value which is to be shown in the attachment below:
Data provided in the question
Future value = $500,000
Rate of interest = 7% ÷ 2 = 3.5%
NPER = 2
PMT = $500,000 × 6% ÷ 2 = $15,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the formula, the present value amount is $495,250.76
Answer:
The requirement of question is prepare journal entries for each of above transaction; It is assumed that par value of each share is $1
Explanation:
Feb 1.
Common Stocks 230*1 Dr.$230
Paid in capital in excess of par 230*(22-1) Dr.$4,830
Cash 230*22 Cr.$5,060
b. Jul 15
Cash 130*23 Dr.$ 2,990
Common Stocks 130*1 Cr.$130
Paid in capital in excess of par 130*(23-1) Cr.$2,860
c.Oct 1
Cash 100*21 Dr.$2,100
Common Stocks 100*1 Cr.$100
Paid in Capital in excess of par 100*(21-1) Cr.$2,000
Answer:
the rancher.
Explanation:
According to my research on land ownership benefits, I can say that based on the information provided within the question the person that owns the oil would be the rancher. This is because the rancher is the owner of the parcel of land, which usually includes the mineral rights to that piece of land. If the land ownership does not include the mineral rights then whoever owns these rights also owns the oil.
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Answer: For her to sell the stock short immediately
Explanation:
Aria would have to employ selling the stock short immediately for her to gain profit, As people would want to buy much when she does so.
