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3 years ago

5. Acquiring and allocating money necessary to pay for business operations.

Business

1 answer:

mel-nik [20]3 years ago

3 0

Answer:

5. d. Financing

Explanation:

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Marigold Corporation had income from continuing operations of $10,634,000 in 2020. During 2020, it disposed of its restaurant di

earnstyle [38]

Answer:

MARIGOLD CORPORATION

Income Statement (Partial)

For the year ended December 31, 2020

Income from continuing operation $10,634,000

Discontinued operations

Loss from operation of discontinued $320,700

restaurant division(net of tax)

Loss from disposal of restaurant division $206,700 $527,400

(net of tax)

Net Income $10,106,600

Earnings per share

Income from discontinuing operations A 1.06

[10,634,000/10,000,000]

Loss from discontinued operations B 0.05

[527,400/10,000,000]

Net Income A/B 1.01

7 0

3 years ago

What is represented by a shift to the right in a demand curve?

Allisa [31]

Answer: The correct answer is a decrease in price.

Explanation: When the price of an item decreases the associated demand curve will shift to the right. In turn, when the price decreases the demand is going to increase for the product because of the price decrease.

8 0

3 years ago

Read 2 more answers

Discuss ONE of the components of job analysis.

levacccp [35]

Answer:

having fun

Explanation:

thank you have fun I'm stuck on the same one

3 0

3 years ago

Union Local School District has a bond outstanding with a coupon rate of 2.9 percent paid semiannually and 24 years to maturity.

marta [7]

Answer:

The bond price is $ 9,184.18

Explanation:

I discounted all the future cash flows of the bond to present value in order to arrive at the price of the bond.

The discounting factor formula is 1/(1+r)^N where r is the rate of return of 3.4% divided by two as the return is semi-annualized and N is the relevant period of the cash flow.

The coupon is also divided by two to show that it is received twice a year.

Find attached detailed computation.

Download xlsx

7 0

4 years ago

Read 2 more answers

A company had total sales of $980,000, net sales of $955,800 and an average accounts receivable of $82,500. Its accounts receiva

Alenkinab [10]

Answer:

Accounts receivable turnover = 11.58

Explanation:

The total sales of the company = $980000

Net sales of the company = $955800

Average account receivable = $82500

We have total sales, net sales, and average accounts receivable. Here, we are required to find the account turnover.

Use the below formula to find the account turnover:

Accounts receivable turnover = Net sales / average accounts receivable

Now insert the values:

Accounts receivable turnover = 955800 / 82500 = 11.58

5 0

3 years ago