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2 years ago

The total amount of cash and other assets received by a corporation from its stockholders in exchange for its stock is:________

Business

1 answer:

Ipatiy [6.2K]2 years ago

3 0

Answer:

c. Referred to as paid-in capital.

Explanation:

The total amount of cash and other assets received by a corporation from its stockholders in exchange for its stock is <u>referred to as paid-in capital</u>.

i.e. Total of assets should = Total liabilities.

Total of cash and other assets should = Paid in capital

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At the end of a full year mary garber had $6248.95 in her saving account. If the rate of interest was 12.253%, how much money di

allochka39001 [22]

Answer:

$5,566.84

Explanation:

to determine the amount of money that Mary had in her account at the beginning of the year we can use the resent value formula:

present value (PV) = future value (FV) / (1 + interest rate)ⁿ

where:

FV = $6,248.95
interest rate = 12.253%
n = 1

PV = $6,248.95 / (1 + 12.253%) = $6,248.95 / 1.12253 = $5,566.84

4 0

3 years ago

Bette and Jamal are partners at a management consulting firm.

kodGreya [7K]

Answer:

Jamal

Explanation:

Given that

Number of required slides = 50 slides

Creating slides Per hour = 15 slides

Bill amount per hour = $750

So by considering the above information, Bette's opportunity cost of creating slides would be

= Bill amount per hour ÷ creating slides per hour

= $750 ÷ 15 per hour

= $50

For making 50 slides, the opportunity cost would be

= $50 × 50 slides

= $2,500

And, Jamal opportunity cost is 30% lower, so it would be

= $50 - $50 × 30%

= $50 - $15

= $35

And, the billing rate is 25% higher, so it would be

= $750 + $750 × 25%

= $750 + $187.50

= $937.50

So in one hour, it would be

= $937.50 ÷ 35 slides

= 26 slides

Based on the creating slides, the Jamal gains a competitive advantage over Bette

4 0

3 years ago

Suppose a competitive market has a downward-sloping demand curve and a horizontal supply curve. If the supply curve shifts downw

8090 [49]

Answer: (a) Fall

(b) Increase

(c) Increase

(d) Unchanged

Explanation:

Suppose there is a competitive market with a downward sloping demand curve and horizontal supply curve. In a competitive market there are large number of buyers and sellers. So, if there is a downward shift in the supply curve, as a result equilibrium price will fall, equilibrium quantity will increase, consumer surplus now become larger and producer surplus remains the same because of the horizontal supply curve.

4 0

3 years ago

Read 2 more answers

Efectos del endeudamiento sobre la estructura del capital de una empresa

spin [16.1K]

Answer:

Explanation:

7 0

3 years ago

Desert Company issued $15,000,000 of 8% bonds on May 1, 2020, and received cash totaling $13,308,942. The bonds pay interest sem

balu736 [363]

Answer:

Desert Company

The TOTAL dollar amount of discount that was amortized during the entire first year (5/1/20 through 4/3/21) these bonds were outstanding is:

= $65,447.

Explanation:

a) Data and Calculations:

Face value of bonds = $15,000,000

Issue value (proceeds) 13,308,942

Discount on the bonds $1,691,058

Coupon rate = 8%

Effective interest rate = 10%

Period of bonds = 8 years

November 1, 2020:

Interest expense = $665,447 ($13,308,942 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $65,447

Bond outstanding value = $13,374,389 ($13,308,942 + $65,447)

May 1, 2021:

Interest expense = $668,719 ($13,374,389 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $68,719

Bond outstanding value = $13,443,108 ($13,374,389 + $68,719)

4 0

3 years ago