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levacccp [35]
3 years ago
6

Complete the following sentence.

Business
1 answer:
puteri [66]3 years ago
4 0

Answer:

  ... are <u><em>open-end</em></u> credit lines.

Explanation:

A line of credit that can be repeatedly used (up to some limit) is called an "open line of credit" or "open-end credit line."

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Concord Corporation owned 16000 shares of Ivanhoe Corporation. These shares were purchased in 2017 for $130000. On November 15,
mafiozo [28]

Answer:

  • Gain = $271,310
  • Net reduction in retained earnings = $‭105,690‬

Explanation:

Gain = (Ivanhoe market price - Purchase price) * Number of shares issued as property dividend

Purchase price = 130,000 / 16,000

= $8.13

Number of shares issued as property dividend = 130,000 shares of Concord / 10

= 13,000 Ivanhoe shares

Gain = (29 - 8.13) * 13,000

= $‭271,310‬

Net reduction in retained earnings:

= Dividends payable - Gain

= (13,000 * 29) - ‭271,310‬

= $‭105,690‬

4 0
3 years ago
(I don't need this answered, I just wanted to put the correct answers out there for other users)
Ronch [10]

Answer:

1 with c

2 with b

3 with a

Explanation:

brain list pls

7 0
3 years ago
Dexter Metals, paid its first annual dividend yesterday in the amount of $0.18 a share. The company plans to double each annual
skad [1K]

Answer:

The price per share of this stock is $13.20

Explanation:

Using the dividend discount model, we can calculate the price per share today of this stock. The DDM values a stock based on the present value of the expected future dividends of the stock discounted using the required rate of return on the stock. The price o=per share today for this stock is,

P0 = 0.18 * (1+1) / (1+0.1024)  +  0.18 * (1+1)^2 / (1+0.1024)^2  +  

0.18 * (1+1)^3 / (1+0.1024)^3  +  1.25 / (1+0.1024)^4  +  1.25 / (1+0.1024)^5  +  

(1.60 / 0.1024) / (1+0.1024)^5

P0 = $13.20

8 0
4 years ago
What gives rise to the problem of scarcity?​
horsena [70]

Answer: I honestly have no idea im just stupid and i need points so yea im sry bye

Explanation:

5 0
3 years ago
Andrea just graduated from college and is about to enter the workforce. Andrea should have no problem getting a job since employ
Olegator [25]

Answer:

True

Explanation:

During recession, unemployment level rises , and falls when this level is over. Andre should expect to get a job if the economy has returned to a pre-recession level.

Recession refers to a period in the economic cycle, where productivity has fallen and the Gross Domestic Product(GDP) has recorded negative growth for more than two quarters.

4 0
3 years ago
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