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3 years ago

Required:

Business

1 answer:

Kisachek [45]3 years ago

6 0

Answer:

1- Cash (Dr.) $ 47,000

Computer (Dr.) $ 40,000

Common Stock (Cr.) $ 87,000

2- Rent Expense (Dr.) $2,200

Cash (Cr.) $2,200

3- Office Supplies (Dr.) $2,000

Cash (Cr.) $2,000

10- Prepaid Insurance (Dr.) $2,200

Cash (Cr.) $2,200

14- Salaries Payable (Dr.) $14,000

Cash (Cr.) $14,000

24- Cash (Dr.) $14,000

Commission from Airline (Cr.) $14,000

28- Salaries Payable (Dr.) $1,300

Cash (Cr.) $1,300

29- Computer Repair Expense (Dr.) $300

Cash (Cr.) $300

30- Telephone Bill Expense (Dr.) $1,100

Cash (Cr.) $1,100

30- Dividend Payable (Dr.) $2,000

Cash (Cr.) $2,000

Explanation:

The company has incurred business transactions which are recorded in the system as journal entries. These entries are then posted to create ledgers which shows the summarize form of all the transactions. These ledger then create trial balance which displays complete account balances of all the transactions separately.

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In the week about to begin, a bank expects $30 million in incoming deposits, $20 million in deposit withdrawals, $15 million in

Natasha2012 [34]

Answer:

The answer is E. $15 million

Explanation:

We have the bank's net liquidity position is equal to its Cash inflow - Cash outflow.

Cash inflow = incoming deposits + revenues from the sale of nondeposit services + customer loan repayments + sale of bank assets + money market borrowings= 30 million + 15 million + 25 million + 5million + 45 million = $120 million

Cash outflow = deposit withdrawals + acceptable loan requests + repayments of bank borrowings + cash outflows to cover other operating expenses + dividend payments to its stockholders = 20 million + 60 million + 10 million + 5 million + 10 million = $105 million

So, net liquidity position is: 120 million - 105 million = $15 million.

So, the answer is E. $15 million.

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3 years ago

a share of stock is now selling for $90. it will pay a dividend of $10 per share at the end of the year. its beta is 1.0. what m

Tom [10]

Investors anticipate that the stock will trade at $96.21 at the end of the year.

In line with CAPM

Required rate of Return (Ke) = Rm - (E(Rm) - Rf) * Beta

Rf = the risk-free rate.

E(Rm) stands for the expected rate of return on a market portfolio.

Ke = 4% + 1 * (18% - 4%) follows.

= 4% + 14% = 18%

now utilizing Gordon Growth Model

The stock's price is D1/ (Ke- g)

where D1 is the dividend for the next year.

g = Rate of Growth

90 = 10 / (18% - g)

g = 18% - 10/90 = 18% - 11.11% = 6.89%

Price anticipated at the year-end = D2 (Ke- g)

D2 = D1 * (1 + g) = 10 * (1 + 6.89%) = $10.689

Expected Price at the end of the year is equal to 10.689/ (18% - 6.89%), or 10.689/11.11%, or $96.21.

Investors anticipate that the stock will trade at $96.21 at the end of the year.

what is a market portfolio?

The term "market portfolio" refers to a portfolio that includes the weighted total of each item traded on the market, with the required supposition being that these assets are endlessly divisible.

learn more about it market portfolio-brainly.com/question/28005592

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1 year ago

Sweet Dreams Chocolatiers Ltd. began operations on January 1, 2020. During its first year, the following transactions occurred:

FromTheMoon [43]

Answer:

Explanation:

Journal entry is a record of transaction in their respective accounts using the debit and credit system. Debit entry represents an increase and credit a decrease.

S / NO Particulars Debit Credit

1 Cash 200,000

Share stock 200,000

2 Inventory 483,000

Account payable 483,000

3. Account receivable 675,000

Sales 675,000

Cost of goods 405,000

Inventory 405,000

4 Cash 562,000

Account receivable 562,000

5 Account payable 431,000

Cash 431,000

6 Motor Vehicle 39,000

Cash 39,000

7 Rent 25200

Prepaid rent 2100

Cash 27300

8 Operating Expenses 20,000

Cash 18,000

Operating exp payable 2,000

9 Depreciation 2,000

Motor Vehicle 2,000

10 Dividends payable 8500

Cash 8500

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3 years ago

According to the keynesian model, what are the two components of consumption spending? what factors determine how consumption ch

kkurt [141]

A simple Keynesian model follows four principles:

<span>1. Accumulated expenditures, income, and output are the same.
2. All input of spending into the economy must equal all withdrawals
3. Investment is an input.
4. Saving is a withdrawal</span>

<span>
According to Keynesian analysis, of households intend to save more, they will become poorer. The theory about Keynesian analysis applies to economic where an increase in savings decreases the circular flow of income. S when the households save more, they are reducing the stream of income for other households and therefor diminishes the overall economic activity.</span>

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3 years ago

Mr. Wise is retiring In 25 years He would like to accumulate $1,000.000 for his retirement fund by then He plans make equal mont

Montano1993 [528]

Answer:

$532.24

Explanation:

Since Mr. Wise will be making monthly payments for the period of 25 years in order to accumulated the $1,000,000 at the end of 25 years, therefore, the future value of annuity shall be used to determine the monthly payments to be deposited by Mr Wise. The formula of future value of annuity is given as follows:

Future value of annuity=R[((1+i)^n-1)/i]

In the given scenario:

Future value of annuity=amount after 25 years=$1,000.000

R=monthly payments to be deposited by Mr Wise=?

i=interest rate per month=12/12=1%

n=number of payments involved=25*12=300

$1,000,000=R[((1+1%)^300-1)/1%]

R=$532.24

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3 years ago