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2 years ago

In the 1920s, many rural banks failed because

1 answer:

7 0

In the <span>1920s, many rural banks failed because of the failure of the farms to produce the bumper crops they were producing previously. The farmers had invested heavily in machinery and storage facilities. They drop in production meant that the investment did not recover and they failed to pay their loans back. </span>

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Drewson Health Foods has 16 comma 000 shares of $ 1 par common stock outstanding, which were issued at $ 15 per share. Drewson

earnstyle [38]

Answer:

SE 157,000

Explanation:

We do shares outstanding times issued per share to get the total paid-in capital. Then subtract the retained earnigns negative balance to get the Drewson total stockholders equity

$16,000 \times 15 = 240,000 \\Retained \: Earnings \: (83,000) \\Stockholders \: Equity \: 157,000$

7 0

3 years ago

Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning in

Effectus [21]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Apr. 1: Beginning inventory of 490 units for $2.16

Apr. 20: Purchase 420 units for $2.63

Dunbar sold 570 units of inventory during the month.

Under LIFO (last-in, first-out) method, the ending inventory is integrated by the first units incorporated into inventory.

First, we need to calculate the number of units in inventory:

Ending inventory in units= total units for sale - units sold

Ending inventory in units= (490 + 420) - 570= 340 units

Ending inventory ($)= 340*2.16= $734.4

7 0

3 years ago

You are a finance intern at Chambers and Sons and they have asked you to help estimate the company's cost of common equity. You

lukranit [14]

Answer:

Explanation:

by looking at the prices ,answer d is my estimated answer,im not a finance intern

4 0

3 years ago

while shopping grey spend 90% of the money she had if she has $4,500 on shopping what was amount of money spent

goldenfox [79]

Answer:

$4,050

Explanation:

Grey has $4,500 for shopping.

She spent 90% while on shopping.

The amount spent = 90/100 x $4500

=0.9 x $4,500

=$4,050

7 0

3 years ago

Melissa invests $37,000 today in a savings account that pays 4 percent interest compounded annually. She wants to know the total

MissTica

Answer:

a. N = 7, I/Y = 4, PV = -37,000

Explanation:

In financial calculator % is already written in the calculator so we have to write only number in calculator.

Option b incorrect because it has included a number with % ( 4% ) sign that we dint do usually in calculator.

Option c is incorrect because it has taken pv as positive

Option d is incorrect because it has written 4% that we don't put in calculator as well as it has inserted positive pv which is also wrong.

7 0

3 years ago