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3 years ago

If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:_______

Business

1 answer:

lidiya [134]3 years ago

5 0

Answer: b. Equity would increase by $64,679

Explanation:

You included no figures from Baldwin's financials but the above is the only feasible answer.

When more Equity is issued as was the case here, Equity will increase not decrease (option A is therefore wrong).

Retained earnings are the portion of Net Income that are not paid out by the company as dividends and so have nothing to do with stock issuance which renders options C and D wrong.

Option B speaks of an increase in Equity and so is most likely correct.

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The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 20 years and has a $1,000

pishuonlain [190]

Answer: 6.40%

Explanation:

Use Excel to calculate this by the formula;

= RATE(Nper,Pmt,-Pv,Fv)

Nper is number of periods = 20 * 2 = 40 semi annual periods

Pmt is the payment = $6%/2 * 1,000 = $30

Pv is the present value = $955

Fv is future value or face value = $1,000

= RATE (40,60,-955,1000)

= 3.20% * 2 (because this is a semi annual rate)

= 6.40%

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3 years ago

Maria Alverez has received a paycheck for $250, which she wishes to cash at her bank. She will need to use a blank endorsement o

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She would need an Address an Social Security number (or ITIN) with a

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3 years ago

Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000. The bond pays $400 to its holder at the end of the

natali 33 [55]

Answer:

The correct answer is $10,000, 4% and 4th year.

Explanation:

According to the scenario, the given data are as follows:

Initial purchase = $10,000

At the end of 1st, 2nd and 3rd year = $400

At the end of 4th year = $10,400

(1). The principal amount of this bond is $10,000.

As Initial purchase of bond = Principal amount of bond.

(2). The coupon rate is 4%.

As, at the end of 4th year it pays = $10,400

Here, Principal amount = $10,000 and coupon value = $400

So, Coupon rate = $400 ÷ $10,000 = 4%

(3). The term of this bond is 4 years.

As the principal amount is repaid fully at the end of 4th year.

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3 years ago

Under which tab and group can you find the control to add a section to a presentation?

Tpy6a [65]

Answer: the answer is B

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3 years ago

Read 2 more answers

What countermeasure could it take to prevent the Congress from expanding the money supply? A. Increase regulations to prevent t

Vika [28.1K]

Answer:

B. Sell government securities to prevent the expansion of the money supply.

Explanation:

The federal reserve can expand the money supply by modifying the money supply and refers to the amounts of the finds the banks must hold against the deposits and thus by allowing the reserves needs the banks are able to load more money and increases the supply in the economy. Thus by selling the securities the banks can control the supply and interest rates and is called an open market.

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3 years ago