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3 years ago

Question 1 of 10

Business

2 answers:

Feliz [49]3 years ago

8 0

Answer:

B. Banks can have collection agencies seize part of the borrower's income.

Explanation:

Hope it helps

madreJ [45]3 years ago

5 0

Answer:

B. Thanks can have collection agencies seize part of the borrowers income

Explanation: I just got it right for a p e x

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Newdex has net income of $3,000,000 (INCLUDING the effect of expected out-of-pocket costs) and 1,000,000 shares outstanding. It

kkurt [141]

Answer:

$416,667

Explanation:

Current EPS = $3,000,000 / 1,000,000

Current EPS = $3

Net Proceeds per share = $40 * 90%

Net Proceeds per share = $36

New Number of Shares = $5,000,000 / $36

New Number of Shares = 138888.88

Total Number of Shares Outstanding after the new issue = 1138888.88 shares

Diluted EPS = $3,000,000 / 1138888.88

Diluted EPS = $2.634

Amount of Dilution in EPS = $3 - $2.634

Amount of Dilution in EPS = $0.3658

Net Income must increase by 1138888.88 * $0.3658 = $416,667. So, Newdex's after-tax income must increase to $416,667 to prevent dilution of earnings per share.

6 0

3 years ago

What should the priority be for insurance coverage? A. You should buy it only after you've paid all other household expenses. B.

Oksi-84 [34.3K]

The best and most correct answer among the choices provided by the question is the third choice. A priority for an insurance coverage would be that a planned expense for which you budget. <span>I hope my answer has come to your help. God bless and have a nice day ahead!</span>

7 0

3 years ago

On April 10, Caryâs Carpet Cleaning, Inc. borrows $15,000 from a bank, depositing those funds in its bank account and signing a

Gnom [1K]

Answer:

Cash A/c Dr $15,000

To Notes payable A/c $15,000

(Being the bank borrowing through a note payable is recorded)

Explanation:

The journal entry is shown below:

Cash A/c Dr $15,000

To Notes payable A/c $15,000

(Being the bank borrowing through a note payable is recorded)

This transaction increases the cash balance so the cash account should be debited and the note payable account should be credited as it creates a liability which is to be reflected in the balance sheet

6 0

3 years ago

Which activities are consifered non-value added work?

mamaluj [8]

The step transforms the item toward completion (something changes)
The step is done right the first time (not a rework step)
The customer cares (or would pay) for the step to be done.

8 0

3 years ago

Read 2 more answers

Narrow Falls Lumber has total assets of $913,600, total debt of $424,500, net sales of $848,600, and net income of $94,000. The

Black_prince [1.1K]

Answer:

The firm's sustainable growth rate is 13%.

Explanation:

The firm's sustainable growth rate can be calculated using the following formula:

Sustainable growth rate = Retention Rate * Return on Equity ............. (1)

Where;

Dividend payout ratio = 30%, or 0.30

Retention rate = 1 - dividend payout ratio = 1 - 0.30 = 0.70

Shareholder's equity = Total assets - Total debt = $913,600 - $424,500 = $489,100

Return on equity = Net income / Shareholder's equity = $94,000 / $489,100 = 0.19

Substituting the relevant values into equation (1), we have:

Sustainable growth rate = 0.70 * 0.19 = 0.13, or 13%

Therefore, the firm's sustainable growth rate is 13%.

3 0

3 years ago