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bogdanovich [222]
3 years ago
14

A company receives a two-year, zero-interest-bearing note with a face value of $200,000 from another company in exchange for pro

perty that has a fair value of $140,000 and a book value of$115,000.What is the net value of notes receivable?
a. $85,000
b. $115,000
c. $140,000
d. $200,000
Business
1 answer:
gayaneshka [121]3 years ago
4 0

Answer:

c. $140,000

Explanation:

Based on the information given we were told that zero-interest-bearing note with a face value of the amount of $200,000 was received from another company in exchange for property that has a fair value of the amount of $140,000 which means that the fair value amount of $140,000 will be the net value of notes receivable

Therefore the net value of notes receivable will be $140,000

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Answer:

The expected rate of return is 17.40%, which is option D.

Explanation:

Hi, to find the expected rate of return, you just have to use the following formula.

r=\frac{Dividend}{Price} +GrowthRate

Therefore:

r=\frac{2.85}{25} +0.06=0.1740

So, the expected rate of return is 17.40%, in other words, D

Best of luck

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sergejj [24]

Answer:

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Subscriptions received in advance  Credit                     $ 220

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