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I am Lyosha [343]
3 years ago
9

"you are borrowing $1,000 with an apr of 10% and a loan maturity of one year. total interest charges will be the highest when __

__________."
Business
1 answer:
maks197457 [2]3 years ago
3 0

When you make one payment in full at the end of the year.

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Ballpark has shares of par common stock outstanding. Ballpark announces a stock split of for1. What is the effect of the​ split?
Harman [31]

Answer:

The answer is 'it increases the number of shares outstanding'

Explanation:

Stock split increases the number of shares outstanding. It causes dilution of earnings per share.

For example, ABC Inc. has 50,000 shares outstanding and it announces a stock split of 3-for- 1.

This means that any shareholder that has 1 will exchange that 1 share for 3 shares. So at the end of the stock split the total number of shares outstanding will be 150,000 shares (50,000 x 3)

6 0
3 years ago
The following information is taken from the income statement of Olympic, Inc.: Depreciation Expense $ 90,000 Amortization Expens
Lina20 [59]

Answer:

The correct option is D,$402,000.

Explanation:

In determining the cash flow provided by operating activities,we need to adjust the net income for effects of non cash items reported.It is important  to note that the reverse of the earlier treatment of the items is what is required now.For instance depreciation and amortization  were deducted in  income statement,for cash flow purposes we need to add both to net income.

Net income                          $315,000

add depreciation                $90,000

amortization                         $15,000

loss on sale of equipment  $9,000

less gain on sale of building($27000)

Cash flow from operations  $402,000

The cash flow from operating activities as adjusted is $402,000.

6 0
2 years ago
The classification and normal balance of the drawing account are a.expense, debit balance b.expense, credit balance c.liability,
Elis [28]

Answer:

The answer is D. owner's equity, debit balance

Explanation:

Drawing is the money or goods taken out from business by its owner. This act is usually common in partnership or sole proprietorship.

A drawing is not an expense, rather it is a reduction in owner's equity.

To credit owner's equity means to increase its equity and to debit owner's equity means to decrease or reduce its equity.

Since, drawing is a reduction in owner's equity, we debit owner's equity making option D. the correct answer.

Option A and B are wrong because drawings are not classified as an expense.

Option C is also wrong because a drawing is never a liability.

7 0
3 years ago
All of the following options are good tips for borrowing money EXCEPT...
Jlenok [28]
I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.
5 0
2 years ago
Jessica's grandfather lives alone and still works. he told jessica that he is concerned about what might happen if he could no l
SOVA2 [1]
Jessica's grandfather is concerned about his physical well-being.  He thinks about his health and physical health and has fears that maybe in the future he will not have the strength. The physical<span> health is connected to mental and emotional health.</span>
8 0
3 years ago
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