A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be 120,000 shares.
Stocks are gadgets of fair ownership in an agency. For a few businesses, shares exist as an economic asset providing for an identical distribution of any residual profits, if any are declared, in the shape of dividends.
In monetary markets, a share is a unit used in mutual finances, limited partnerships, and real estate funding trusts. Percentage capital refers to all of the stocks of an agency. The owner of shares within the agency is a shareholder of the business enterprise.
A share is referred to as a unit of possession that represents the same share of a business enterprise's capital. A percentage entitles the shareholders to an equal declaration of earnings and losses of the employer. There are majorly sorts of shares i.e. equity stocks and desire stocks.
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Answer:
1) 18.4%
2) 27.20%
Explanation:
Solution
To get the Expected return for your fund we have to the percentage of Treasury bill and risk premium. That is,
T-bill rate + risk premium = 6.4% + 12% = 18.4%
Standard deviation of client's overall portfolio = 0.80 × 34% = 27.20%
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Answer:
The journal entry to record depletion is :
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
Explanation:
<em>Depletion Expense = Depletion rate × units extracted during the year</em>
where,
<em>Depletion rate = (Cost - Salvage Value) ÷ Estimated total units</em>
Therefore,
Depletion rate = ($404,000 + $101,000 + $80,800 - $161,600) ÷ 4,040 tons
= $ 105 per ton
Therefore,
Depletion Expense = $ 105 per ton × 707 tons
= $74,235
<u>Journal Entry :</u>
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
After missing<span> a </span>payment<span>, </span>you<span>'ll likely see two charges: A late fee, usually between $25 and $35, and interest on the balance. </span>If<span> the </span>missed payment<span> was an accident,</span>you<span> may want to call your issuer and explain that the </span>missed payment<span> was an accident, it won't </span>happen<span> again and </span>you<span>'ve already made a </span>payment<span>.
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