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Trava [24]
3 years ago
7

the baldwin Company currently has the following balances on their balance sheetTotal Assets $225,232 Total Liabilities136,748 Re

tained Earnings $36,493 Suppose next year the Baldwin Company generates $44,200 , pays $12,000 in , assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year
Business
1 answer:
Tanya [424]3 years ago
6 0

Answer:

see below

Explanation:

Common stock = Assets - Liabilities - Retained earnings

Assets next year = $225,232 + $55,000 = $280,232

Liabilities remain unchanged

Retained earnings = Opening retained earnings + Net income - Dividends

= $36,493 + $44,200 - $12,000

= $68,693

Common stock next year

= $280,232 - $136,748 - $68,693

= $74,791

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The following data apply to Elizabeth's Electrical Equipment:
Romashka [77]

Answer:

$50

Explanation:

Calculation to determine the intrinsic per share stock price be immediately after the repurchase

First step

Total Assets=Value of operations of 20,000+ Short term investments of 1000

Total Assets=$21,000

Second step

Equity =Assets - Debt

Equity= $21,000-$6,000

Equity= $15,000

Now let determine the intrinsic per share stock price

Intrinsic per share stock price=$15,000/300

Intrinsic per share stock price=$50

Therefore the Intrinsic value per share will be $50 immediately after the repurchase has occured.

7 0
3 years ago
In March 2012, Yoshiro Inc.. decided to retire an outstanding bond issue before maturity. The coupon rate on the bond issue was
natali 33 [55]

Answer:

  • b. Cash from Financing Activities  
  • d. Bonds Payable
  • e. Net Income

Explanation:

Bonds are a form of long term debt and in the cashflow statement this goes to the Financing section. A retirement of bonds would reduce cash and this would come from the Financing activities.

Bonds Payable will also decrease because the bond that is being retired will reduce the number of bonds payable that the company has to pay off.

Finally the Net income will reduce as well to reflect the loss on bond retirement. The bonds were issued at a discount owing to interest rates being higher than the coupon rate in 2011 but on the day the bonds were retired they were selling at a premium with interest rates at 4%. The company paid more than they received and this loss will reduce the net income.

3 0
2 years ago
Interest earned on both the initial principal and the interest reinvested from prior periods is called _______.
scZoUnD [109]

Answer:

<em> </em><em>interest </em><em>earned</em><em> </em><em>on </em><em>both</em><em> </em><em>the </em><em>initial</em><em> </em><em>principal</em><em> </em><em>and </em><em>the </em><em>interest </em><em>reinvested </em><em>from </em><em>prior </em><em>periods </em><em>is </em><em>called </em><em><u>compound</u></em><em><u> </u></em><em><u>interest</u></em><em><u>.</u></em>

________________________________

<em>Compound </em><em>interest</em><em>.</em><em> </em><em>The </em><em>interest</em><em> </em><em>which </em><em>is </em><em>added </em><em>on </em><em>to </em><em>the </em><em>initial</em><em> </em><em>investment</em><em>,</em><em> </em><em>so </em><em>that</em><em> </em><em>this </em><em>will </em><em>itself</em><em> </em><em>gain </em><em>interest </em><em>in </em><em>subsequent</em><em> </em><em>perio</em><em>d</em><em>s.</em>

7 0
2 years ago
The following information pertains to Torque Corp.'s outstanding stock for 2021: Common stock, $1 par value Shares outstanding,
azamat

Answer:

135,000 shares

Explanation:

The stock split is the re-denomination of the shares where the number of shares increases without a corresponding increase in shareholders' equity.For instance assigning two shares for each share had earlier with two new shares priced at the price of previous one share,however in calculating the number of shares applicable to basic earnings stock split is treated retrospectively,as if it has always been part of the company's shares

Opening number of shares                                         60,000

add increase due to stock split(2*60,000)-60,000   60,000

new shares half-way through the year 30,000*6/12   15,000

Weighted average number of shares                           135,000          

7 0
3 years ago
In which of the following would cooperation be most likely to work in a repeated​ prisoners' dilemma​ game?
levacccp [35]

Answer:

Option C is correct.

<u> When the game will be repeated infinitely.</u>

Explanation:

The collaborations will undoubtedly work in a repeated​ prisoners' dilemma  game when the game will be rehashed infinitely.  

A rehashed detainees problem games alludes to a game technique wherein the game is either rehashed finitely or infinitely..  

The collaborations choose to work with boundlessly rehashed games by participating and embracing a socially ideal methodology.  

The principle point of cooperations is to expand their settlements in future and this is conceivable just through the selection of the interminably rehashed game system in which they need to co-work endlessly with different firms.  

As per this gaming procedure, if any of the Cooperation or firm digresses from the agreeable system, they will get decreased settlements in future.

8 0
3 years ago
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