I believe the answer is true.
Answer:
True
Explanation:
If the price of a stock drops suddenly, there is more supply than demand. People want out - and they usually want out for a reason.
Answer:
the amount paid for stock reacquired and currently held in treasury
Explanation:
Treasury stock is an equity account and it is equal to:
- total shares issued - total shares outstanding
Treasury stock increases when a corporation repurchases outstanding stock for the purpose of reselling them later or retiring them. This usually happens when the corporation has more cash than needed or the price of the stock is too low.
Answer:
$31,104
Explanation:
EBIT / 12,000
= [EBIT - ($120,000 × .072)] / [12,000 - ($120,000 / $36)]
EBIT = $31,104
Therefore the minimum level of earnings before interest and taxes that the firm is expecting will be $31,104
Answer:
C. 8%
Explanation:
Future value factor:
= $18527.74 / $40000
= 0.4631935
At 8% for 10 years the future value factor is 0.4631935
Note: Proof of calculation is attached below as picture
