I need to answer more questions to pm so i’m doing this
Answer: None of the choices
Explanation:
None of the choices are correct. It is an example of NO TORT. A tort occurs when a claimant suffers harm or loss as a result of the action of another person. An example of a tort is theft. claims what belongs to another person.
In this case, it is a no tort as customers willingly go to Ok dry cleaning. One factor which enhanced the transfer of customers from Purity to Ok dry cleaning is advertisement.
Answer:
Value of equity = 9,000 x $26.80 = $241,200
Value of debt issued = $39.932
Value of equity after debt repayment = $241,200 - $39,932
= $201,268
No of equity outstanding after debt repayment = <u>$201,268</u>
$26.80
= 7,510 shares
Explanation:
In this regard, there is need to determine the value of equity after debt repayment, which is value of equity minus value of debt repaid. Then,we will divide the value of equity after debt repayment by the value of equity per share. This gives the number of shares outstanding after debt repayment.
Answer:
no they are balance sheet items
Explanation:
Answer:
B. geometric rate of return
Explanation:
The geometric mean is the average growth of an investment computed by multiplying n variables and then taking the nth –root. Geometric Average Return is used for computation of Average rate per period on an investment compounded over multiple time periods. It is the average set of products technically defined as the 'n' th root products of the expected number of periods.Geometric mean takes several values and multiplies them together and sets them to the 1/nth power.