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2 years ago

9

you purchased one hundred shares of AT&T stock. The company pays 20 cents per share to each share holder (That’s you!) at th

e end of this quarter. This money is called

1 answer:

nlexa [21]2 years ago

3 0

Answer:

Dividends

Explanation:

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Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly?

Anton [14]

I would say B, because if you exceed the limit on your credit card, that shows that you would know how to add money onto your account. You cannot use more on your credit card than you already have unless you add more money on.

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3 years ago

Read 2 more answers

On June 30, 2021, Georgia-Atlantic, Inc. leased a warehouse equipment from IC Leasing Corporation. The lease agreement calls for

Mars2501 [29]

Answer:

1. $3,799,988

2. $3,419,989

Explanation:

1. Semiannual lease payment = $468,683

Total semiannual payments = 5*2 = 10

Incremental borrowing rate = 10%, 5% semiannual

Present value of minimum lease payments used to record right to use assets = Semi Annual lease payments * Cumulative PV Factor of annuity due for 10 periods at 5%

= $468,683 * 8.1078 = $3,799,988.0274 ≈ $3,799,988

2. Semiannual payment on 30.06.2021 = $468,683

Pretax amount of liability on 30.06.2021 = ($ 3,799,988.0274 - $468,683) = $3,331,305.0274

Interest expense for 31.12.2021 = $3,331,305.0274 * 5% = $166,565.25137

Semiannual lease payment on 31.12.2021 = $468,683

Pre tax amount for liability December 31, 2021 = $3,331,305.0274 + $166,565.25137 - $468,683 = $3,029,187.2788

Depreciation on right to use assets for 2021 = ($3,799,988.0274 ÷ 5) * (5/10)= $379,998.80274

Pre tax amount of right to use asset to be reported for 2021 = $3,799,988.0274 - $379,998.80274 = $3,419,989.2247 ≈ $3,419,989

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3 years ago

Customer service research shows that ____ of customers defect from a company because they were treated with an attitude of indif

dimaraw [331]

<span>68% of customers defect from a company because they were treated with an attitude of indifference. Empathy from customer service associates plays a critical role with retaining customers.</span>

6 0

3 years ago

On June 30, 20X8, Lomond, Inc. issued twenty $10,000, 7% bonds at par. Each bond was convertible into 200 shares of common stock

salantis [7]

Answer:

c.$ 2.92 per share

Explanation:

The earnings per share is calculated by dividing the net income by the weighted average number of shares outstanding. The bond holders converted their bonds into shares on July 01, 20x9 so their shares were only outstanding for 6 months.

The weighted average number of shares is determined as follows:

January - June 10,000 shares

July December 10,000 + (20 *200= 4,000 shares) 14,000 shares

The weighted average no of shares outstanding is 12,000 shares

The net income $ 35,000

Earnings per share $ 2.92 per share

7 0

3 years ago

Which of the following changes in retained earnings during a period will be reported the financing activities section of the sta

Brums [2.3K]

Answer:

A) 1

Explanation:

The financing activities section of the statement of cash flows record transactions that are related to the financing of the entity's ordinary course of business.

These are activities that result in changes to long term debt and equity.

Such include; borrowing and repayment of long-term loans, Issuance and acquisition of own shares of common and preferred stock etc.

Declaration and payment of a cash dividend during the period is a financing activity while net income for the period is an operating activity.

Hence the right option is A) 1

7 0

3 years ago