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Usimov [2.4K]
2 years ago
13

Swifty Corporation has assets of $4345000, common stock of $1076000, and retained earnings of $629000. What are the creditors’ c

laims on their assets?
Business
1 answer:
Umnica [9.8K]2 years ago
8 0

Answer:

$2,640,000

Explanation:

Given the above information,

Creditor's claim is computer as

= Assets - Common stock - retained earnings

Given that

Assets = $4,345,000

Common stock = $1,076,000

Retained earnings = $629,000

Creditor's claim on their asset = $4,345,000 - $1,076,000 - $629,000

= $2,640,000

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Answer the question on the basis of the following information for four highway programs of increasing scope. All figures are in
Kipish [7]

Based on the information provided, the program which maximizes total benefit is option B with a total cost of 6 and a total benefit of 10.

<h3 /><h3>What is Cost-Benefit Analysis?</h3>

This refers to the process of comparing the costs and benefits of various programs in order to select the one with the most value and or benefit based on the total cost to the individual, business, or country.

Subtracting the cost from the benefits, in the data above, the program which yields the highest is B. Hence B is the correct answer.

Please see the link below for more about Cost-Benefit Analysis:

brainly.com/question/199821

7 0
2 years ago
Baa-rated bonds currently yield 6%, while Aa-rated bonds yield 4%. Suppose that due to an increase in the expected inflation rat
ollegr [7]

Answer: The new confidence index is 0.7143

Explanation: Consumer confidence index which is known as the confidence index is an index used for estimating the economy of the U.S, it is published by the conference board which shows the decree of excitement in peoples's activities on their savings and spendings.

To calculate the new confidence index;

STEP1: Add the bond increase to the current bond;

6% + 1% = 7%

4% + 1% = 5%

STEP 2: FIND THE NEW CONFIDENCE INDEX

5% ÷ 7% = 0.7143

The old confidence index can also be calculated as

4% ÷ 6% = 0.6667

8 0
3 years ago
Suppose your firm develops a new pharmaceutical product that may be used to reduce blood cholesterol levels, so the firm is the
Troyanec [42]

Answer:

The markup calculated as a result of information about the elasticity of demand

Explanation:

As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.

There are three facts about markup:

1. The Markup is not to be a price below marginal cost of the pharmaceutical product.

2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an

increase in revenue for the seller.

Therefore having a -4 elasticity of demand could imply more profits for the firm.

5 0
3 years ago
On September 11, 2016, Home Store sells a mower for $450 with a one-year warranty that covers parts. Warranty expense is estimat
xeze [42]

Answer:

Date      Accounts Titles and Explanations     Debit        Credit  

Sept, 11           Cash                                             $450  

2016         Sales                                                               $450  

                (To record the Cash Sales)

Sept, 11        Warranty Expenses                         $40.50  

2016              ($450 x 9%)

                  Estimated Warranty Payable                   $40.50  

                 (To record the Warranty Expenses)    

July, 24       Estimated Warranty Payable             $32

2017             Repairs Parts Inventory                                       $32

             (To record the material taken from Inventory)

6 0
3 years ago
You are given the following information concerning Parrothead Enterprises:
Alenkinab [10]

Answer:

7.85%

Explanation:

Face value of bond =$2000

Price of current bond= face value× 106.5% = $2130

Term= 25 years×2= 50 period

Coupon rate= 7%×1/2= 3.5%

Coupon amount= coupon rate×face value = $2000×3.5/100

         =$70 for a period

YTM of bond= [coupon amount+ (maturity value-current price)/Term]/0.6×current price+0.4×maturity value]

YTM of bond= 6.487% per annum

Total market value of bond= 8,400bonds× $2130= $17,892,000

Market value of common stock= 275,000shares × 62.50= $18012500

Weight of common stock= 0.490009385

Weight of preferred stock= 0.023259294

WACC= Wd* Kd + Wc*Kc + Wp*Kp

= 0.486731321× 4.86525% +

0.490009385× 10.9624275+

0.023259294× 4.7368421%

=7.849%

= 7.85%(rounded)

Thus, WACC is 7.85%

3 0
3 years ago
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