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2 years ago

If the price of a $10,000 par Treasury bond is $10,275.00, the quote would be listed in the newspaper as ________.

Business

1 answer:

scoray [572]2 years ago

7 0

Answer:

Hence, the quote that should be listed in the newspaper is 102.024

Explanation:

The computation of the quote that should be listed in the newspaper is shown below:

Quote would be listed is

= $10,275 ÷ $10,000 × 100

= 102.75

= 102 : 0.75 × 32

= 102.024

Hence, the quote that should be listed in the newspaper is 102.024

hence, the same is to be considered by taking all the information given in the question

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Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The

nexus9112 [7]

Answer:

The correct answer is $177,955.

Explanation:

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

Capital in excess of par account = $74,500

Common stock = $85,000

Retained earning = $141,500

So, we can calculate the balance in the capital in excess of par account be after the dividend by using following formula:

Capital after Dividend = Balance sheet amount of Capital + ( Issued additional share × Capital in excess of par per share )

Where,

Issued additional share = 11% × $85,500 = 9,405

And Capital in excess of par per share = $12 - $1 = $11

By putting the value, we get

Capital after dividend = $74,500 + ( 9,405 × $11)

= $74,500 + $103,455

= $177,955

8 0

2 years ago

Lewis Inc. owns 40% of Morgan and applies the equity method. During the current year, Lewis buys inventory costing $400,000 and

Alchen [17]

Answer:

The correct answer is a) $24,000

Explanation:

At the end of the year, Morgan still holds $140,000 of this merchandise

Lewis Inc. owns 40% of Morgan and applies the equity method

40% = 0.4

$140,000 x 40% = $56,000

Lewis buys inventory costing $400,000 and sells it to Morgan for $700,000.

$700,000 - $400,000 = $300,000

=$56,000 x ($300,000 ÷ $700,000)

=$56,000 x 0,428571429

= $24,000

7 0

2 years ago

Which of the following agencies protects human health and the natural environment? A. The FTC B. The EEOC C. The CPSC D. The EPA

Alla [95]

D.) The EPA

The United States Environmental Protection Agency(EPA) is an agency made by the federal government of the United States for the purpose of protecting human health and the environment by writing and enforcing regulations based on laws passed by Congress.

5 0

3 years ago

Read 2 more answers

Department S had 500 units 70% completed in process at the beginning of the period, 7,600 units completed during the period, and

Rudik [331]

Answer:

7,727 units

Explanation:

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

Department S beginning = 500 units

Completed % in process = 70%

Total completed during period = 7,600 units

End of period = 900 units 53 % completed

So, we can calculate the units of production using FIFO method.

Check attachment for the Solution.

The attachment is attached below.

3 0

2 years ago

When should you replenish a petty cash fund?

faust18 [17]

Answer:

both b and c

Explanation:

A Petty Cash Fund is a convenient way of paying for small transactions. It is mostly applied when making payment using other methods is unreasonable. The money spent should be replenished at least once to take the Petty Cash Fund back to its approved balance. Replenishment is also done when the dollar balance goes below a set level. Replenishing allows the petty cash fund to operate as intended.

6 0

2 years ago