Answer:
b). The average value of the 30 blue-chip stocks is down by 3.2%.
Explanation:
'Dow Jones Industrial Average' also known as 'DJIA' is characterized as the standard indicator to denote the stock-market prices of the shares of the major companies associated with blue-chip in the United States.
As per the question, a down or fall in DJIA by 3.2% would indicate that the stock prices of the companies trading with 'blue-chip' have faced a reduction in their share prices by 3.2% for that day. So, this allows the investors to keep a check on the stock prices and invest accordingly whenever they find it profitable. Thus, <u>option b</u> is the correct answer as the other options fail to convey this idea rather they either talk about the loss of value instead of decrease(in options a and c) or disassociates the entire concept with the stock market(in option d).
Answer:A) its stockholders' equity decreases by $10,000.
Explanation:
Account Debit Credit
Treasury stock $10,000
Cash $10,000
Calculation:
Stock = Shares x Price per share =1000 x $10 = $10,000
Therefore, the stockholders equity will decrease by $10000.
Hence the correct option is A.
Answer:
a. $19,775
b. $16,950
Explanation:
a. In the case of the charitable contribution, the full deduction is allowed of fair market value if the stock is held for more than one year but if the stock is held is less than the one year so it would be limited to the purchase price
Now in the first case
Purchase date is December 28, 2018
Donation date is September 10, 2019
As we can see that the stock is held for less than one year so it would be limited to the purchase price i.e $19,775
b. Now the contribution charitable deduction is limited to the fair market value of the stock i.e $16,950
Answer:
5.82%
Explanation:
Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.
Face value = F = $1,000
Assuming Coupon payments are made annually
Coupon payment = $1,000 x 7.35% = $73.5
Selling price = P = $1,130
Number of payment = n = 12 years
Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Yield to maturity = [ $73.5 + ( $1,000 - $1,130 ) / 12 ] / [ ( $1,000 + $1,130 ) / 2 ]
Yield to maturity = [ $73.5 - 10.83 ] / $1,065 = $62.67 /1,065 = 0.0588 = 5.88%
Answer:
This is because of the ethics guiding the body. For example, ethically, it is wrong for the agent to put his email address in the application in LEAN where it should have been the customer's own. <em>There is a possibility of the identity theft or fraud being committed when such happens.</em>
Explanation: