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belka [17]
3 years ago
7

True or false? if false explain. An internally held public debt is like a debt of the left hand owed to the right hand.

Business
1 answer:
ollegr [7]3 years ago
3 0

Answer:True

Explanation: AN internally held debt is like a debt of the left hand owned to the right hand. This is a true statement. Left hand and right hand is ib the same body. Similarly,internal debit is taken from public of one's own nation. Just like things are in left hand or right hand, it remains in same person. Similarly, internal debit is borrowed from the people of the nation itself and is held within the nation.

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Company A has 279,000 basic shares outstanding and 26,000 outstanding options and warrants. The exercise price of these options
lesya [120]

Answer:

c. 342,000

Explanation:

Missing question and Multiple Option <em>" & if-converted methods?  305,000, 292,000, 342,000, 345,333"</em>

<em />

Proceeds expected if option are exercised = No of outstanding options and warrants * Per share exercise price

Proceeds expected if option are exercised = 26,000 * $3.75

Proceeds expected if option are exercised = $97,500

Number of treasury shares expected to be purchased = Proceeds expected if option are exercised  / Average market price per share

Number of treasury shares expected to be purchased = $97,500 / $7.50

Number of treasury shares expected to be purchased = $13,000

Number of new shares issued if conversion is effected = Amount of convertible bonds reported / Effective conversion price per share

Number of new shares issued if conversion is effected = $200,000 / $4

Number of new shares issued if conversion is effected = 50,000

Calculation of the Diluted Share Outstanding

Number of basic shares outstanding                                   279,000

Add: Number of new shares through options                     26,000

Add: Number of new shares through conversion issued   50,000

Less: Number of treasury shares to be purchased             <u>(13,000)  </u>

Diluted Share Outstanding                                                   <u>342,000</u>

8 0
3 years ago
After widespread press reports about the dangers of contracting "mad cow disease" by consuming beef from Canada, the likely econ
lions [1.4K]

Answer:

The demand curve will shift to the left (reduce)

Explanation:

Shift in demand results from change in other factors affecting demand except for price.

There are wide-spread reports of contacting mad cow disease by consuming beef from Canada. This will result in a general decrease in the quantity of beef demanded (shift in demand to the left). At all prices there will be less demand for Canadian beef.

This is illustrated in the attached diagram.

4 0
4 years ago
Subject: Accounting
prisoha [69]

Answer:

D) $1120

Explanation:

The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120

7 0
3 years ago
Read 2 more answers
Apple inc's ipod is the dominant product in the market for mp3 players. suppose that a technology company orange recently introd
djyliett [7]

Base on the given scenario of which the orange company introduced an innovative mp3 player, the apple inc’s ipod will likely tend to decrease its mark up as a new rival has been introduced which is having a head on with the apple’s mp3 product.

3 0
3 years ago
Read 2 more answers
The chart gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP
Mrac [35]

Answer:

Explanation:

The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.

Year                 2016             2017  

                      Price      Quantity Price Quantity  

Ice Cream $7.00        600      $3.00 400

Blue Jeans $70.00          20       $20.00   90

Laptops       $300.00            5       $300.00     5

2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ =  $7,100

2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_  = $4,500

2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______

= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.

2017 real GDP = will be same as nominal, hence no growth  since this is the base year

4 0
3 years ago
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