subject
Business, 06.11.2019 23:31 kaylaciamp65

On january 4, year 1, barber company purchased 13,500 shares of convell company for $162,000 plus a broker's fee of $4,400. convell company has a total of 67,500 shares of common stock outstanding and it is presumed the barber company will have a significant influence over convell. during each of the next two years, convell declared and pald cash dividends of $0.75 per share, and its net income was $123,000 and $118,000 for year 1 and year 2, respectively. the january 12, year 3, entry to record barber's sale of 8100 shares of convell company stock, which represents 60% of barber's total investment, for $109,350 cash should be: multiple cholce deblt cash $109,350; debit loss on sale of investment $57050; credit long-term investments debit cash $109,350: debit loss on sale of investment $20,250: credit long-term investments $129,600. debit cash $109,350: debit loss on sale of investment $7.260: credit long-term investments $116.610. debit cash $109,350; credit galn on sale of investment $9.510: credit long-term investments $99.840. debit cash $109,350: credit galn on sale of investment $20.250: credit long-term investments

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 05:10, russboys3
The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?
Answers: 1
image
Business, 22.06.2019 12:50, laxraAragon
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?
Answers: 3
image
Business, 22.06.2019 17:00, adrianbanuelos1999
Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court. the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court. because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located. because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center. because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.
Answers: 1
image
Business, 22.06.2019 19:00, Anonymouslizard
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
Answers: 1
You know the right answer?
On january 4, year 1, barber company purchased 13,500 shares of convell company for $162,000 plus a...

Questions in other subjects:

Konu
Mathematics, 22.02.2021 20:30
Konu
Mathematics, 22.02.2021 20:30
Konu
Physics, 22.02.2021 20:30