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3 years ago

What type of promise to pay does a promissory note represent?

Business

2 answers:

Dvinal [7]3 years ago

8 0

Answer:

my left

Explanation:

Sonja [21]3 years ago

3 0

I’m not I’m sorry need points

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Saving some private time for yourself and learning to pigeon hole problems are two examples of

Bingel [31]

<span>These two examples relieving stress from work. We all need some space especially after a hard day at the office. The time we take for ourselves help us relieve ourselves of stress or any other thing that would cause us anxiety. Sorting and categorizing problems help us prioritize what to do first so as to stay for focus on doing our jobs.</span>

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3 years ago

Read 2 more answers

Buffalo National Corp. (BNC) is currently an all-equity firm worth $320 million with 50 million common shares outstanding. BNC p

balu736 [363]

Answer:

The solution as per the given problem is provided below throughout the explanation portion below.

Explanation:

The given values are:

Debt issued,

= 120

Pretax earnings,

= 80

Tax,

= 35%

All equity firm,

= $320

Number of common stock,

= 50

(a)

Balance sheet before the debt issue's announcement will be:

<u>Assets </u><u> 320</u>

<u>Debt </u><u> 0</u>

<u>Equity </u><u> 320</u>

then,

The total will be "320".

(b)

The per share price will be:

= $\frac{Equity}{Number \ of \ common \ stock}$

= $\frac{320}{50}$

= $6.40$

or,

After tax, the net income will be:

= $EBIT(1-t)$

= $80(1-0.35)$

= $80\times 0.65$

= $52$

(c)

The return on equity will be:

= $\frac{Net \ income \ after \ taxes}{Value \ of \ equity}$

= $\frac{52}{320}$

= $0.1625$

or,

= $16.25$ (%)

5 0

3 years ago

Marco, Jaclyn, and Carrie formed Daxing Partnership (a calendar-year-end entity) by contributing cash 10 years ago. Each partner

kirill [66]

a. The hot assets per Section 741(a) for this sale are as follows:

i. Accounts receivable

ii. Inventory

iv. Potential depreciation recapture in the equipment

b. Marco's gain or loss on the sale of his partnership interest is $33,000.

c. The character of Marco's gain or loss is <u>iv. $33,000 capital gain</u>.

<h3>What is a partnership interest?</h3>

A partnership interest refers to a partner's ownership and benefits that accrue from the partnership.

The partnership interest entitles the partner to participate in the distribution of profits and losses arising from the partnership business.

<h3>Data and Calculations:</h3>

Each partner's outside basis = $104,000

Sale proceeds of Marco's partnership interest = $137,000

Gain = $33,000 ($137,000 - $104,000)

Thus, Marco, who sold his partnership interest to Ryan, had a capital gain of $33,00 because of the difference between the sale proceeds and the partner's adjusted basis in the partnership interest.

Learn more about partnership interests at brainly.com/question/14835194

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2 years ago

The largest part of a(n) ______ is its long, glowing tail, a narrow column of dust that may extend for 100 million km.

solmaris [256]

The largest part of a(n) _COMET_____ is its long, glowing tail

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3 years ago

A firm practices the pure chase strategy. Production last quarter was 1000. Demand over the next four quarters is estimated to b

Galina-37 [17]

Answer:

The correct answer is $7,500

Explanation:

So, the hiring cost would be:

Hiring quater × hiring cost

= 300 × $20

= $6,000

Firing Cost would be:

Firing cost = 100 × $5

= $500

= 200 × $5

= $1,000

Therefore, the total hiring and firing cost = $6,000 + $500 + $1,000

= $7,500

7 0

3 years ago