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nadya68 [22]
3 years ago
10

The following information is from Princeton Company's comparative balance sheets.

Business
1 answer:
allochka39001 [22]3 years ago
6 0

Answer:

cash received = $ 240,000

Explanation:

On calculating the common stock $10 par

Beg. balance - $ 118,000

                      $6,000      - Issuance of common stock

Thus the ending balance = $124,000

On calculating the paid in capital in excess of par

Beg. balance - $ 351,000

                      $ 234,000 - Issuance of common stock

Thus the end balance - $ 585,000

Therefore,

The cash received - $ 240,000

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d) Diminishing returns starting around $2 million

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_____ is the marketing of goods and services to individuals and organizations for purposes other than personal consumption.
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C) Business marketing

Explanation:

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4 years ago
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A company reported total equity of $157,000 at the beginning of the year. The company reported $222,000 in revenues and $171000
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4 years ago
Find the present value of the following stream of a firm's cash flows, assuming that the firm's opportunity cost is 9 percent.
alex41 [277]

Answer:

The total Present value of the stream of the firm cash flow is $79,348

Explanation:

Complete Question is as follows "Find the present value of the following stream of cash flows assuming that the firms opportunity costs is 9 percent.

1-5 years - $10,000 - Annual

6-10 years - $16,000 - Annual

Year  Cash flow$      PVF at 9%        Present Value$

                              [ 1/ (1+0.09)^n ]    

  1        10000             0.9174                   9174

  2       10000              0.8417                  8417

  3       10000              0.7722                 7722

  4       10000              0.7084                 7084

  5       10000              0.6499                 6499

  6       16000              0.5963                 9540.8

  7       16000               0.547                   8752

  8       16000               0.5019                 8030.4

  9       16000               0.4604                7366.4

 10       16000               0.4224                <u>6758.4 </u>

Total                                                          <u>$79,348</u>

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