Why do you think there is wi-fi activity even when you are not actively using network services?

Below is the common equity section (in millions) of Timeless Technology's last two year-end balance sheets:

Sonbull [250]

Answer: The firm issued common stock in 2013.

Explanation:

Since the firm has never paid a dividend to its common stockholders, we can see that the firm issued common stock in 2013.

Looking clearly at the common equity section, we can see that there was an increase in the common stock from $1000 to $2000.

The reduction in the retained earnings from $2340 to $2000 also shows that there was a loss.

Based on the above scenarios, we can say that the firm issued common stock in 2013.

3 0

3 years ago

Oberon, Inc., has a $15 million (face value) 10-year bond issue selling for 99 percent of par that pays an annual coupon of 8.35

Grace [21]

Answer:

The before-tax component cost of debt is 8.489%.

Explanation:

We apply the formula for yield to maturity (YTM) to solve this problem.

YTM = [C + (F-P)/n] / [(F+P)/2] where

C = Coupon payment

F = Face value of bond

P = Present value of bond (or current selling price)

n = Years to maturity

The given values are:

F = $15,000,000

P = 0.99 x $15,000,000 = $14,850,000

C = 0.0835 x $15,000,000 = $1,252,000

n = 10

Applying these values in the above formula,

YTM = [1,252,000 + (15,000,000 - 14,850,000)/10]

/ [(15,000,000 + 14,850,000)/2]

YTM = 1,267,000 / 14,925,000

YTM = 0.08489

YTM = 8.489%

7 0

3 years ago

Read 2 more answers

The biggest problem in managing a checking account occurs when A. the statement doesn't arrive in time. B. the account holder wr

lianna [129]

I would say maybe D but I'm not sure

7 0

3 years ago

Define business cycle

melisa1 [442]

The business cycle is the fluctuation in economic activity

3 0

4 years ago

Read 2 more answers

To measure the trends of the market area, the appraiser must ask questions about ______________________.

klemol [59]

To measure the trends of the market area, the appraiser must ask questions about supply and demand.

In economics, the relationship between the quantity of a good or service that producers want to sell at different prices and the quantity that consumers want to buy is known as supply and demand.

It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good.

The final price is known as the equilibrium price and signifies a compromise between the good's producers and customers. When a market is in equilibrium, the amount of a good that producers supply and consumers desire are equal.

The price mechanism in a free market equalizes supply and demand. If consumers want to buy more of a product than is offered at the current price, they will tend to bid the price up.

Learn more about supply and demand here:

brainly.com/question/14741584

#SPJ4

6 0

2 years ago