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3 years ago

Rolando purchases 13 shares of COIN at $325 per share. If he sells the

Business

1 answer:

Colt1911 [192]3 years ago

4 0

Answer:

$520

Explanation:

13 multiplied by 365 = 4,745.

13 multiplied by 325 = 4,225

=520

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A construction company entered into a fixed-price contract to build an office building for $28 million. Construction costs incur

Radda [10]

Answer:

$3.2 million

Explanation:

The revenue and gross profit or loss which the company identify in the first and second year if it recognizes revenue upon contract completion is calculated below.

Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million

Revenue to recognize = $8m/$20m*$28m = $11.2 million

Gross Profit = Revenue recognized less costs incurred

= $11.2m - $8m = $3.2 million

4 0

3 years ago

Harrods PLC has a market value of £136 million and 4 million shares outstanding. Selfridge Department Store has a market value o

Lisa [10]

Answer:

the stock price after the acquisition is $37.30

Explanation:

The computation of the stock price after the acquisition is given below:

= Worth of combined synergy ÷ (outstanding shares = harrods shares)

= £194 million ÷ (4 million + 1.2 million)

= £194 million ÷ 5.2 million shares

= $37.30 per share

hence, the stock price after the acquisition is $37.30

We simply applied the above formula so that the correct answer could come

5 0

3 years ago

What is opportunity cost?

Sliva [168]

The answer would be B

8 0

3 years ago

You’ve borrowed $23,072 on margin to buy shares in Ixnay, which is now selling at $41.2 per share. You invest 1,120 shares. Your

BlackZzzverrR [31]

Answer:

(a) Since the percentage margin is more than maintenance margin, there would be no call

(b) A margin call would be received when the price is $15.26

Explanation:

(a) Total investment = $23,072 × $\frac{100}{50}$ = $46,144

Total shares = Total investment ÷ share price

= $46,144 ÷ $41.2 = 1,120

Value of share in market = new price × number of shares

= $41 × 1,120

= $45,920

Value of equity = Value of share in the market - borrowed cash

= $45,920 - $23,072

= $22,848

Percentage margin = Value of equity ÷ Value of shares

= ($22,848 ÷ $45,920) × 100%

= 49.76%

(b) Total number of shares = 1,120

Assumed value of shares = $1,120X

Borrowed fund = $23,072

Value of equity = $1,120X - $23,072

Margin = Value of equity ÷ Value of shares

0.35 = ($1,120X - $23,072) ÷ $1,120X

392X = $1,120X - $23,072

1512X = $23,072

X = $15.26

7 0

3 years ago

For each of the following items, indicate by using the appropriate code letter, how the item should be reported in the statement

Y_Kistochka [10]

Answer:

1. Decrease in accounts payable during a period - Deducted from net income (B)

2. Declaration and payment of a cash dividend - Cash outflow (financing activity ) (E)

3. Loss on disposal of land - Added to net income (A)

4. Decrease in accounts receivable during a period - Added to net income (A)

5. Redemption of bonds for cash - Cash outflow (financing activity) (E)

6. Proceeds from sale of equipment at book value - Cash inflow (investing activity ) (D)

7. Issuance of common stock for cash - Cash inflow (financing activity) (F)

8. Purchase of a building for cash - Cash outflow(investing activity ) (C)

9. Acquisition of land in exchange for common stock - Significant non-cash (investing and financing activity ) (G)

10. Increase in inventory during a period - Deducted from net income (B)

8 0

3 years ago