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Lady bird [3.3K]

3 years ago

6

Country Kelani has I = $200 billion, S = $400 billion, and purchased $600 billion of foreign assets, how many of its assets did

foreigners purchase?

1 answer:

Elena L [17]3 years ago

5 0

Answer:

$400 billion

Explanation:

options:

A) $0 billion

B)$1,200 billion

C) $200 billion

D) $400 billion

D) $400 billion is correct answer

(Hope this helps can I pls have brainlist (crown)☺️)

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In Spring 2018, Parmac Engineering Company signed a $160 million contract with the city of Parkersburg, to construct a new city

marta [7]

Answer:

By using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018

Explanation:

Percentage-of-completion method : Under this method,

First we have to calculate the percentage which is based on current period cost to total period cost.

After that, multiply the percentage with the revenue so that we get to know how much revenue is being recognized during an particular year.

In mathematically,

Estimated Cost percentage = current period cost ÷ total period cost

= $48 million ÷ $120 million

= 40%

Now,

Revenue recognized = Estimated cost percentage × Revenue

= 40% × $160 million

= $64 million

Hence, by using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018

7 0

3 years ago

On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 77,000 shares authori

Vikki [24]

Answer:

See the explanation below:

Explanation:

1. Prepare journal entries to record the following transactions for Sherman Systems

a. Purchased 5,500 shares of its own common stock at $30 per share on October 11.

<u>Details Dr ($) Cr ($) </u>

Treasury Stock (5,500 × 30) 165,000

Cash 165,000

<u><em>To record the repurchase of own common stock </em></u>

b. Sold 1,125 treasury shares on November 1 for $36 cash per share.

<u>Details Dr ($) Cr ($) </u>

Cash (1,125 × 36) 40,500

Treasury Stock (1,125 × 30) 33,750

Paid-in Capital from Sale of Treasury Stock 6,750

<em><u>To record the sale of treasury stock. </u></em>

c. Sold all remaining treasury shares on November 25 for $25 cash per share.

<u>Details Dr ($) Cr ($) </u>

Cash (4,375 × 25) 109,375

Paid-in Capital from Sale of Treasury Stock 6,750

Retained Earnings 15,125

Treasury Stock 99,000 (4,375 × 30) 131,250

<em><u> To record the sale of the remaining treasury shares </u></em>

Kindly note that there is a balance of $6,750 in the Treasury Stock Paid-in Capital account. Since it is utilized, the remaining deficit will show in Retained Earnings.

2. Prepare the stockholders' equity section after the October 11 treasury stock purchase.

<u>Details $ </u>

77,000 issued authorized common stock–$10 par value 770,000

Paid-in capital in excess of par value, common stock 241,000

Retained earnings 904,000

Treasury stock <u> (165,000)</u>

Total stockholders’ equity <u>1,750,000</u>

3 0

4 years ago

Which business model has traditionally been used by magazines

Andrej [43]

According to Quora dot com, US magazines are viewed as historically dependent on advertising revenue hence why subscriptions to magazines are historically very low as advertising is used to subsidise cover price or subscription cost.

With the general collapse of print publications in the US, particularly led by the drying up of physical newsstand presence, magazines have a harder time getting into consumer's hands. This means that advertisers are less likely to spend in a publication (readership decreasing) and then advertising revenues go down, making magazines less and less profitable.

I realize this is quit lengthy so I'd sum it up to saying the business model for magazines has traditionally been the selling of advertising space ... Not sure if this is what you're looking for

7 0

3 years ago

Read 2 more answers

When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day.

just olya [345]

Answer:

0.5

Explanation:

A screenshot is attached to get the full solution

Since the coefficient is < 1, it is inelastic

8 0

3 years ago

A firm has a current price of $40 a share, an expected growth rate of 11 percent and expected dividend per share (D1) of $2. Giv

Xelga [282]

Answer:

d. 16% - buy

Explanation:

R = (D1 / P0) + g

Where, R=Expected Return, P0 = Current Market Price = $40, D1=Expected Dividend=$, g = Expected Growth Rate = 11% = 0.11

Expected Return = R = ($2/$40) + 11%

R = 0.05 + 0.11

R = 0.16

R = 16%

Expected Return is higher than the required return of 12%. Hence, it should be bought (it is expected to give higher return than required)

7 0

3 years ago