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2 years ago

What are Financial Statements??

Business

2 answers:

kiruha [24]2 years ago

7 0

Answer:

Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.

Explanation:

Hope this helps

attashe74 [19]2 years ago

3 0

Answer:

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Grecian Tile Manufacturing of Athens, Georgia, borrows $1,500,000 at LIBOR plus a lending margin of 1.25 percent per annum on a

shtirl [24]

Answer: 92812.50

Explanation:

The following information can be derived from the question:

Loan principal = $1,500,000

LIBOR for 1st 6 months = 4.50%

LIBOR for last 6 months = 5.375%

Lending margin per annum = 1.25%

The interest will then be:

= 1,500,000 × [(4.50% + 1.25%)/2] + 1,500,000 × [(5.375% + 1.25%)/2]

= 1,500,000 × [(0.045 + 0.0125)/2] + 1,500,000 × [(0.05375 + 0.0125)/2]

= 92,812.50

Therefore, the interest is 92812.50.

8 0

2 years ago

How do property rights benefit entrepreneurs?

Oxana [17]

Enabling them to purchase capital and use it as they fit. having the rights means they can use the property for martgage and raise loans,or show as an asset and acquire capital on its worth. they can sublet the property and get resources from the rent as well

7 0

3 years ago

Read 2 more answers

The stock price of Webber Co. is $68. Investors require an 11 percent rate of return on similar stocks.

zheka24 [161]

To get the growth rate, we will follow the Gordon Growth modelP= D/(K-G)whereP= stock value=$68D= Expected dividend=$3.85G= Growth rateK= required rate of returnG =K-(D/P)Substitute the given valuesG= 0.11-(3.85/68)
G= 5.34%The growth rate for stock required is 5.34%

7 0

3 years ago

Both supply and demand concepts rest on the relationship between quantity supplied or demanded.

Rashid [163]

Answer:

False

Explanation:

Both supply and demand concepts rest on the relationship between price and quantity.

Quantity demanded increase when price falls and falls when price increases.

Quantity supplied increases when price increases and falls when price falls.

The demand and supply curve are plotted with price on the y axis and quantity on the x axis.

I hope my answer helps you

7 0

3 years ago

Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Schell has a

ziro4ka [17]

Answer:

Schell Company

Overhead assigned: Standard Deluxe

a. Based on Labor hours $16,280 $9,460

b. Based on Machine hours $10,663 $15,076

Explanation:

a) Data and Calculations:

Total overhead = $25,740

Total Standard Deluxe Overhead Rate

Labor hours 1,170 740 430 $22 ($25,740/1,170)

Machine hours 7,000 2,900 4,100 $3.677 ($25,740/7,000)

Overhead assigned: Standard Deluxe

a. Based on Labor hours $16,280 $9,460

($22 * 740) ($22 * 430)

b. Based on Machine hours $10,663 $15,076

($3.677 * 2,900) ($3.677 * 4,100)

4 0

2 years ago

What are Financial Statements??​

What are Financial Statements??