Answer:
Present value= $20,227.45
Explanation:
Giving the following information:
On Date 1, the cash flow is 5,000 dollars. On Date 2, the cash flow is 6,000 dollars. On Date 3, the cash flow is 7,000 dollars. On Date 4, the cash flow is 8,000 dollars. The current market rate of interest is 10%.
We need to use the following formula:
PV= FV/(1+i)^n
Date 1= 5,000/1.10= 4,545.46
Date 2= 6,000/1.10^2= 4,958.68
Date 3= 7,000/1.10^3= 5,259.20
Date 4= 8,000/1.10^4= 5,464.11
Total= $20,227.45
Answer:
State ownership
Explanation:
State ownership, or government ownership, or public ownership, is a form of ownership were the government owns or partly owns as well has control over a business with the revenue from the business or establishment being added as benefits accruable to the welfare of the public
The characteristics of a state ownership are;
1) State ownership means that the government is the owner, or part owner of the establishment, where part ownership belongs to the public
2) The main purpose of a state owned business is not to make profit, but rather to provide public welfare, that benefits the residents of the country
3) The profits from the business are entered into the treasury of the state and are used to carry out public welfare projects
4) The employees of the government are the managers of the establishment which is subject to bureaucracy, and the business is operated with a state selected board of directors
5) The government determines the manner of stability present in the business, as well as the winding up of state owned businesses that have no function
6) The state owned business is operated by the laws and policy if the business and it is therefore recognized as an autonomous body
Answer:
On December 31,2019
Depreciation expense Dr $7,000
To Accumulated depreciation $7,000
(Being the depreciation expense is recorded)
Explanation:
The journal entry is shown below;
On December 31,2019
Depreciation expense Dr $7,000
To Accumulated depreciation $7,000
(Being the depreciation expense is recorded)
The computation is shown below:
= ($80,000 - $10,000) ÷ 5 years × 6 months ÷ 12 months
= $7,000
For recording this we debited the depreciation expense as it increased the expenses and decreased the assets so the accumulated depreciation is credited
And, the six months is taken from July 1 to December 31
Answer:
1) shares held by the issuer that is shares of Firm A held by Firm A
2) the amount of shares issued by the firm
3) the amount of shares which are circulating in the market (issued less treasury stock)
4) is the amount the governement angency in charge of regulations approved the firm to issue It cannot surpass this ammount without their permission being granted
5) shares at which a down payment has been made but, not paid in full by the potential stockholders
Explanation:
DISCLAMER:
As the options aren't given I define each concept
Answer:
The total surplus from Andrew's sale to Nick is $35.
Explanation:
The total surplus is the sum of producer surplus and consumer surplus.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he/she actually has to pay.
While producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he/she actually gets.
Consumer surplus for Nick
= $80 - $60
= $20
Producer surplus for Andrew
= $60 - $45
= $15
Total surplus from generated from Andrew's sale to Nick
= $20 + $15
= $35
