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4 years ago

The process of asset transformation refers to the conversion of:_______

Business

1 answer:

kondaur [170]4 years ago

6 0

Answer: c. Risky assets into safer assets

Explanation:

The process of asset transformation refers to the conversion of risky assets into safer assets. Asset transformationa is simply a form of transformation in which financial institutions like banks use deposits in the generation of revenue through the pooling deposits in order to make loans. It has to do with transforming bank liabilities into bank assets.

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The government sector get its income mostly from exports to other countries.

barxatty [35]

Answer:

False

Explanation:

The government sector derives its main incomes from taxes.

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3 years ago

California Surf Clothing Company issues 1,000 shares of $1 par value common stock at $35 per share. Later in the year, the compa

erica [24]

Answer:

Dr Treasury Stock 3,800

Cr Cash 3,800

Explanation:

Preparation of the journal entry to Record the purchase of treasury stock.

Based on the information given we were told that the Clothing Company issues 1,000 shares which means that if the company made decision to purchase 100 shares at the amount of $38 per share later in the year the journal entry to Record the purchase of treasury stock will be :

Dr Treasury Stock 3,800

Cr Cash 3,800

(100 Shares x $38.00 per share)

(Being to record the purchase of treasury stock)

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4 years ago

You researched several careers in this course. In 3–4 complete sentences, describe a career that matches your values, the educat

Anika [276]

Answer:

Course Description

Explanation:

Career Research and Decision Making is a lifelong process that includes, exploring, choosing and implementing decisions about education, occupation, and related life roles. Students will develop knowledge and skills that will help them to manage their career throughout lif

5 0

3 years ago

Managers satisfied with their current market share and profits sometimes adopt what can be termed as "don't-rock-the-pricing-boa

qwelly [4]

Answer:

Status quo objective

Explanation:

A status quo objective simply put is an objective is which a situation is maintained as it were as a result of satisfaction derived from the situation and its thought to be the ideal situation.

For a manager satisfied with the current market share and profits, he/she maintains a status quo postion which means that market share and profits neither increase or dcrease thus becoming a constant.

I hope this helps.

5 0

3 years ago

Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Rou

Inessa05 [86]

a. The present value of $300 per year for 16 years at 6% is $3,031.77.

It is calculated using an online finance calculator as follows:

N (# of periods) = 16 years

I/Y (Interest per year) 6%

PMT (Periodic Payment) = 300

FV (Future Value) = $0

Results:

PV = $3,031.77

Sum of all periodic payments = $4,800.00

Total Interest $1,768.23

b. The present value of $150 per year for 8 years at 3% is $1,052.95.

It is calculated using an online finance calculator as follows:

(# of periods) = 8 years

I/Y (Interest per year) = 3%

PMT (Periodic Payment) = $150

FV (Future Value) = $0

Results:

PV = $1,052.95

Sum of all periodic payments = $1,200.00

Total Interest = $147.05

c. The present value of $700 per year for 8 years at 0% is $5,600.00.

It is calculated using an online finance calculator as follows:

N (# of periods) = 8 years

I/Y (Interest per year) = 0%

PMT (Periodic Payment) = $700

FV (Future Value) = $0

Results

PV = $5,600.00

Sum of all periodic payments = $5,600.00

d. The present value of $300 per year for 16 years at 6% as an annuity due is $3,213.67.

It is calculated using an online finance calculator as follows:

N (# of periods) = 16 years

I/Y (Interest per year) 6%

PMT (Periodic Payment) = 300

FV (Future Value) = $0

Results:

PV = $3,213.67

Sum of all periodic payments = $4,800.00

Total Interest = $1,586.33

e. The present value of $150 per year for 8 years at 3% as an annuity due is $1,084.54.

It is calculated using an online finance calculator as follows:

(# of periods) = 8 years

I/Y (Interest per year) = 3%

PMT (Periodic Payment) = $150

FV (Future Value) = $0

Results:

PV = $1,084.54

Sum of all periodic payments = $1,200.00

Total Interest = $115.46

f. The present value of $700 per year for 8 years at 0% as an annuity due is $5,600.

It is calculated using an online finance calculator as follows:

N (# of periods) = 8 years

I/Y (Interest per year) = 0%

PMT (Periodic Payment) = $700

FV (Future Value) = $0

Results

PV = $5,600.00

Sum of all periodic payments = $5,600.00

<h3>What is the difference between an ordinary annuity and an annuity due?</h3>

An ordinary annuity involves regular payments made <u>at the end</u> of each period, while an annuity due involves payments are made at the <u>beginning</u> of each period. For example, consistent quarterly stock dividends are an ordinary annuity just as monthly rent is an annuity due.

<h3>Data and Calculations:</h3>

a. $300 per year for 16 years at 6%

b. $150 per year for 8 years at 3%

c. $700 per year for 8 years at 0%

d. Present value of $300 per year for 16 years at 6%

e. Present value of $150 per year for 8 years at 3%

f. Present value of $700 per year for 8 years at 0%

Learn more about annuity at brainly.com/question/25792915

6 0

2 years ago