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zheka24 [161]
2 years ago
8

Peter, has discovered another wine, wine D. Wine drinkers are willing to pay 45 dollars to drink it right now. The amount that w

ine drinkers are willing to pay will rise by 15 dollars each year that the wine ages. The interest rate is 10%. How much would Peter be willing to pay for the wine if he buys it as an investment? (Pick the closest answer.)
a. 76 dollars
b. 45 dollars
c. 150 dollars
d. 495 dollars
e. 71 dollars
Business
1 answer:
BabaBlast [244]2 years ago
6 0

Answer:

e. 71 dollars

Explanation:

Peter was willing  to but the wine for $45

In a year, there is an increase of $15 = $45 + $15 = $60

The interest rate of 10% of $60 = $6

Total = $66 ~ $70

Therefore, the amount he is willing to pay for the win if he buys it as investment would be 71 dollars.

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Newton Corporation was organized on January 1, 20X7. On that date, it issued 200,000 shares of its $10 par value common stock at
pychu [463]

Answer:

$3,290,000

Explanation:

Calculation to determine total stockholders' equity of Newton as of December 31, 20X9

200,000 shares issued for $15$3,000,000

(200,000 shares* $15)

Add Net income $750,000

Less Dividends ($380,000)

Less Purchased 12,000 treasury shares at $12 ($144,000)

(12,000 treasury shares*$12)

Add Decrease in treasury stock account $96,000

(8,000 shares *$12)

Less Decrease in additional paid-in capital ($32,000)

[(8,000 shares *$12)-(8,000 shares *$8])

Total Stockholders’ equity $3,290,000

Therefore total stockholders' equity of Newton as of December 31, 20X9 is $3,290,000

5 0
3 years ago
Ivan is attending a union meeting in which the union president is discussing the company's plan to decrease wages in exchange fo
Cloud [144]

According to your textbook, ivan is engaged in<u> "critical"</u> listening.


Critical listening is a type of listening that if for the most part not said, since it includes investigation, basic reasoning and judgment. Making judgments amid listening is frequently considered as an obstruction to comprehend a man, and there's a great deal of truth in that.  

In any case, Critical listening happens when despite everything you need to comprehend what the other individual is stating, yet in addition have some reason or obligation to assess what is being said to you and how it is being said.

5 0
3 years ago
Creative Sound Systems sold investments, land, and its own common stock for $31 million, $14.9 million, and $39.8 million, respe
Pie

Answer:

cash generated from investing activites 9.1 millions

Explanation:

proceeds from investment 31 millions

proceeds from land           14.9 millions

purchase of equipment      (24.9 millions)

purchase of patent             (11.9   millions)

cash generated from investing activites 9.1 millions

The purcahse of treasury stock

and the sale of treasury stock (own common stock)

should be disclosure in the financing activities

6 0
3 years ago
Delegating authority and responsibility throughout an organization is known as: Multiple Choice management by exception. central
Yakvenalex [24]

Answer:

Decentralization

Explanation:

It is a process through which the authority of an organization is delegated to lower managers. The lower managers are given more responsibility which is the opposite of the centralization in which the decision making power is concentrated in the hands of a few people. The top-level managers take all the decisions in the organization with centralized authority.

In decentralized authority, lower managers can decide on their own as long as it is in sync with the overall goal of the organization, but the authority to take static decisions and control and coordination remain in the hands of top-level managers.

5 0
2 years ago
What is the term for a person who has been appointed by another person to act on her behalf and in her best interest?.
lapo4ka [179]

An individual who has been appointed by another person to act on their behalf and in their best interest is known as an agent.

In legal terminology, an agent is a person who has been empowered legally to act on the behalf of another person. An agent may be employed to represent a client in dealings and negotiations with third parties. Depending on the situation, the agent may be granted decision-making authority.

The agent is given the authority to take necessary action on someone else's behalf.  People usually hire agents to conduct matters that they lack expertise or time to do for themselves.

You can leanr more about Agent at

brainly.com/question/7284696

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4 0
1 year ago
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