Answer:
Date of issuance of rights - No
Date of exercise of the rights - Yes
Explanation:
The distribution of stock rights to existing common stockholders will increase paid-in capital at the date of exercise of the rights.
Actually, Paid in capital increases whenever funds are received. This means on the day the rights are exercised and not when the rights are issued.
The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window.
Variable costs are corporate expenses that vary in direct proportion to the quantity of output. Unlike fixed costs, which remain constant regardless of output, variable costs are a direct function of production volume, rising whenever production expands and falling whenever it contracts.
Answer:
over 1 million
Explanation:
It has been over 1 million for the past couple years, in 2019 it was just below 2 million.
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Answer:
3 years
Explanation:
Since the income tax is ignored, so the operating cash flows would be
= EBIT + Depreciation - Income tax expense
= $105,000 + $45,000 - $0
= $150,000
The operating cash flows are same for ten years
And, the initial investment is $450,000
So, the payback period would be
= Initial investment ÷ Net cash flows
= $450,000 ÷ $150,000
= 3 years