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ollegr [7]
3 years ago
8

What are Apple’s dollar amounts for assets, liabilities, and equity at September 29, 2018? Confirm that the accounting equation

holds in this case. Assets = Liabilities + Equity Answer Answer Answer Round to one decimal place (i.e. 34.5%) What percent of Apple’s assets is financed from creditor financing sources?
Business
1 answer:
gavmur [86]3 years ago
3 0

Answer:

70.7%

Explanation:

Note: The full question is attached as picture below

Percent of Apple's assets is financed from creditor financing sources = Liabilities / Assets

Percent of Apple's assets is financed from creditor financing sources = $258,578 / $365,725

Percent of Apple's assets is financed from creditor financing sources = 0.70702851

Percent of Apple's assets is financed from creditor financing sources = 70.7%

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Who do you think has the least<br> influence? Why?
tatuchka [14]

Answer:

good stuff

Explanation:

people these days (including me sometimes) put more energy into bad things and negative things .and its partly social media's fault.

3 0
2 years ago
What is the percentage loss on the funds she invested if the interest payment is included in the calculation
adoni [48]

Answer with complete Question:

Barbara buys 130 shares of DEM at $33.00 a share and 190 shares of GOP at $37.00 a share. She buys on margin and the broker charges interest of 7 percent on the loan.

a. If the margin requirement is 42 percent, what is the maximum amount she can borrow? Round your answer to the nearest cent.

$ 6,565.60

(Which is equal to 58(100 - 42)% of $11,320.)

b. If she buys the stocks using the borrowed money and holds the securities for a year, how much interest must she pay? Round your answer to the nearest cent.

$  459.59 ($6,565.60 x 7%)

If after a year she sells DEM for $22.00 a share and GOP for $30.00 a share, how much did she lose on her investment? Use a minus sign to enter the amount as a negative value. Round your answer to the nearest cent.

$  2,760

What is the percentage loss on the funds she invested if the interest payment is included in the calculation? Use a minus sign to enter the amount as a negative value. Round your answer to two decimal places.

28.44 %

Explanation:

a. Data and Calculations:

DEM, 130 shares at $33.00 a share = $4,290

GOP, 190 shares at $37.00 a share =   7,030

Total value of investments = $11,320

Margin requirement = 42% of $11.320 = $4,754.40

Barbara can borrow $6,565.60 ($11,320 - $4,754.40)

1. Interest on borrowed fund (margin):

$6,565.60 x 7% = $459.59

2. Loss from Sale of:

DEM, 130 shares at $22.00 a share = $1,430 ($11 x 130)

GOP, 190 shares at $30.00 a share = $1,330 ($7 x 190)

Total loss from investments = $2,760

3. Percentage Loss, with interest included:

Interest on borrowed fund = $6,565.60 x 7% = $459.59

Total loss from investments =       $2,760.00

Total loss  = $3,219.59

Total value of investments = $11,320

Percentage Loss = $3,219.59/$11,320 * 100 = 28.44%

4 0
3 years ago
Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek
Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.  

Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.

The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.

4 0
3 years ago
You wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $24,000
den301095 [7]

Answer:

$3,286.52

Explanation:

Interest rate per annum = 12.00%

Number of years = 25

Number of compounding per per annum = 1

Interest rate per period (r) = 12.00%

Number of periods (n) = 25

Payment per period (P) = $24,000

PV of $24,000 payments after 20 years = P * [1 - (1/(1+r)^n)]/ r

PV of $24,000 payments after 20 years = 24000*[1-(1/(1+12%)^25]/12%

PV of $24,000 payments after 20 years = $188,235.34

Interest rate per annum = 10.00%

Number of years= 20

Number of payments per per annum = 1

Interest rate per period (r) = 10.00%

Number of periods (n) = 20

Future value of annuity (FVA) = $188,235

Annual contribution (P) = FVA/ ([ (1+r)^n - 1] / r)

Annual contribution (P) = 188235/(((1+10%)^20-1)/10%)

Annual contribution (P) = $3,286.52

5 0
3 years ago
Masterson Company's budgeted production calls for 66,000 units in April and 62,000 units in May of a key raw material that costs
saw5 [17]

Answer:

The budgeted materials needed in units for April is 64,800 units

Explanation:

In order to calculate the budgeted materials needed in units for April we would have to use the following formula:

Budgeted Materials =Materials needed +ending inventory −beginning inventory available

To calculate the ending inventory we would have to use the following formula:

Ending inventory=0.3×Following month budgeted materials

Ending inventory=0.3×62,000

Ending inventory=18,600

Therefore, Budgeted Materials =66,000+18,600−19,800

Budgeted Materials= 64,800 units

The budgeted materials needed in units for April is 64,800 units

​

8 0
4 years ago
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