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3 years ago

Mr. Algazi provides the information his client has requested through a voice message.

Business

1 answer:

Orlov [11]3 years ago

6 0

Answer:Hello there! i am figuring this question out for you!

Explanation:

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Suppose you own 5% of Coastal Corporation's 400,000 outstanding common shares. The stock was trading for $135 per share before C

Elan Coil [88]

Answer:

number of share 30,000 share

price per share = $90

Explanation:

given data:

investor's share = 5%

outstanding share =400,000

stock split = 3/2

number of share after spliting = investor share* outstanding share* stock split

= 5%*400,000*(3/2)

= 30,000 share

per share price can be determined by using following relation:

$price\ per\ share =\frac{ outstanding\ share*\ trading\ price * investor's\ share}{ number\ of \ share\ after \ splittg}$

$= \frac{40000 *135*0.05}{30000}$

= $90

3 0

4 years ago

Attention!!! Auction is about to happen!!!!! 1st one=50minecoins 2nd=60minecoins

artcher [175]

Answer:

lol

Explanation:

4 0

3 years ago

Read 2 more answers

You live in a community with many teenagers, and you work during the summer bagging groceries for a low hourly wage. How might l

mario62 [17]

Answer:

D. Your wages would probably be higher because demand for baggers would be higher.

Explanation:

If I live in a community with fewer teenagers looking for grocery bagging jobs, the supply of labour would be lower. This would lead to an excess of demand over supply, wages would rise as a result.

I hope my answer helps you

4 0

3 years ago

One probable reason that the Constitution's framers included very strong wording protecting private property and contracts was _

kykrilka [37]

Answer: ...they were invested and had to protect their own wealth.

Explanation:

The constitution's framers of America were founding fathers and visionaries. They designed the America's constitution to endure times and to stand the pressures of being a new country. They also aimed at addressing not only the specific challenges facing the nation during their lifetimes, but they also tried to establish the foundational principles that would lead and guide the young nation into an uncertain future of our days.

7 0

4 years ago

At December 31, 2017 the following balances existed on the books of Beerbo Inc.: $1,200,000 BONDS PAYABLE $168,000 DISCOUNT ON B

Mazyrski [523]

Answer:

bonds payable 1,200,000

interest payable 30,000

loss on redemption 162,000

cash 1,224,000

discount on bonds 168,000

to record redemption of the bonds at 102

Explanation:

To know the gain or loss on redemption we will compare the cash disbursement wiht the carrying value fo the bonds

the vbonds are rescue at 102 which means 102% of the face value:

1,200,000 x 102/100 = 1,224,000 cash disbursement

carrying value of the bonds:

1,200,000 - 168,000 discount + 30,000 interest payable = 1,062,000

loss on redemption: 1,224,000 - 1,062,000 = 162,000

we will write-off the bonds related account and credit cash by the amount paid.

8 0

3 years ago