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pav-90 [236]
3 years ago
13

During the past year, Arther Anderson Services paid $360,800 in interest along with $48,000 in dividends. The company issued $23

0,000 of stock and $200,000 of new debt. The company reduced the balance due on the old debt by $225,000. What is the amount of the cash flow to creditors
Business
1 answer:
vlada-n [284]3 years ago
3 0

Answer: $385800

Explanation:

The amount of the cash flow to creditors will be calculated thus:

Begining total liabilities = $225000

Ending total liabilities = $200000

Interest = $360800

Cash flow to creditors will be:

= Begining total liabilities - Ending total liabilities + Interest

= $225000 - $200000 + $360800

= $385800

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8 0
1 year ago
At the beginning of the month, you owned $8,000 of General Dynamics, $7,000 of Starbucks, and $5,000 of Nike. The monthly return
guajiro [1.7K]

Answer:

= $406.6

Explanation:

To calculate return of portfolio we first calculate weight of each asset

this can be done by finding total investment and then dividing each asset by total investment.

Total investment = 8000 + 7000 + 5000 = $20,000

General Dynamics     8000/20000 = 0.4 = W1

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Nike                             5000/20000 = 0.25 = W3

Now for portfolio return we can use the formula

P(r) = W1 * (Return on W1 asset) + W2 * (Return on W2 asset) + W3 * (Return on W3 asset)

So,

P(r) = 0.4 * (0.0680) + 0.35 * (-0.0152) + 0.25 * (-0.0062)

This gives us

Total Return % = 0.02033 or 2.033%

Simply multiply this cumulative weight to total portfolio worth

Total Return in $ = 0.02033 * 20000  = $406.6

Hope that helps.

8 0
3 years ago
To be eligible for federal grants to pay for college, a student must _____.
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C. A student must complete the FAFSA before the deadline to be religionless for federal grants
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Answer: $10,400

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4 years ago
The stated interest rate is the rate quoted in the bond contract used to calculate the cash payments for interest.
Drupady [299]
That statement is true

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In general,  a stated interest rate will give us a lower amount of return compared to effective annual interest rate that compound the accumulation throughout the years,
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