If there are no readily available substitutes for a product, it will tend to have...

The total assets and total liabilities (in millions) of ABC Corporation and XYZ Corporation follow:

lbvjy [14]

Answer:

For ABC CORPORATION, stockholders' equity is $21,896,000,000

For XYZ CORPORATION, stockholders' equity is $19,722,000,000

Explanation:

Stockholders' Equity is the owner's residual interest in the business.

The formula for equity equals Asset minus liability

For ABC CORPORATION =

Asset = $39,100,000,000

Liability = $17,204,000,000

Stockholders' Equity = Asset - Liability

= $39,100,000,000 - $17,204,000,000 = $21,896,000,000

For XYZ CORPORATION =

Asset = $37,927000,000

Liability = $18,205000,000

Stockholders' Equity = Asset - Liability

= $37,927,000,000 - $18,205000,000 = $19,722,000,000

3 0

3 years ago

Read 2 more answers

Leigh Delight Candy, Inc. is choosing between two bonds in which to invest their cash. One is being offered from Hershey's and w

Firlakuza [10]

Answer:

Hersey's bond = $1125.513

Mars bond = $1172.259

Explanation:

Hersey bond;

Period(t) = 10years = 40(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

Using the both present value (PV) and compound interest formula ;

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-40)÷0.025] + [1000÷(1.025)^40]

PV =( 753.083251562) + (372.4306236)

PV = $1125.513

Mars bond;

Period(t) = 20years = 80(quartely)

Coupon (C) = $30

Rate (r) = 0.1 = 0.025(quarterly)

Pay at maturity(p) = $1000

PV =[ C × (1 - (1+r)^-t) ÷ r] + [p ÷ (1 + r)^t]

PV = [30×(1-(1.025)^-80)÷0.025] + [1000÷(1.025)^80]

PV =(1033.55451663) + (138.704569467)

PV = $1172.259

5 0

3 years ago

Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product I49V

Pavel [41]

Answer:

c

Explanation:

3 0

4 years ago

On April 1, 2021, Shoemaker Corporation realizes that one of its main suppliers is having difficulty meeting delivery schedules,

Lyrx [107]

Shoemaker Corporation Journal Entries

1. April 01, 2021

Dr Notes receivable 600,000

Cr Cash600,000

2. December 31,2021

Dr Interest receivable 42,075

Cr Interest revenue 42,075

3. April 01, 2019

Dr Cash 566,100

Cr Notes receivable 510,000

Cr Interest receivable 42,075

CrInterest revenue 14,025

Workings:

2.Interest revenue: $510,000 × 11% × 9/12 = $42,075

3.Interest revenue: $510,000 × 11% × 3/12 = $14,025

42,075+ 14,025=56,100

510,000+ 56,100= 566,100

7 0

4 years ago

EmployIT is a newly established recruitment company. It does not have adequate funds to rent out an office space for its employe

Semenov [28]

Answer:

This scenario illustrates that the employees are part of a virtual team

Explanation:

Virtual organizations are firms set up to address the issues of space and time shifts.

Space shift is the traditional arrangement where employees are meant to be located in one single location in order to effectively function together as teams.

Time shift is the timing barrier where employees are expected to liaise with one another at the same time.

Virtual organization is a break from the norm by ensuring individuals that are geographically dispersed and operating in different time zones function together as a team with the aid of advancement in technology.

4 0

3 years ago