Many years ago, Minnow Bait and Tackle issued preferred stock. The stock pays an annual dividend equal to $6.80. If the required rate of return on similar-risk investments is 8 percent, what should be the market value of Minnow s preferred stock?

Answers

Answer 1

The market value of Minnow Bait and Tackle's preferred stock should be $85.00.

How to solve for the market value

To determine the market value of Minnow Bait and Tackle's preferred stock, we need to use the dividend discount model, which calculates the present value of future dividend payments.

The formula for the present value of a perpetuity is:

PV = D / r

where PV is the present value, D is the annual dividend payment, and r is the required rate of return.

In this case, the annual dividend payment is $6.80, and the required rate of return is 8%. Using the formula, we get:

PV = $6.80 / 0.08 = $85.00

Therefore, the market value of Minnow Bait and Tackle's preferred stock should be $85.00. This represents the present value of all future dividend payments, discounted at the required rate of return.

Read more on market value here:https://brainly.com/question/8084221

#SPJ1


Related Questions

If the firm’s average cost curves are U-shaped, why does its average variable cost curve
achieve its minimum at a lower level of output than the average total cost curve?

Answers

The average fixed cost bend continues to fall as more results are produced, and average total cost equals approaches normal variable expense. Option B is correct.

The typical absolute expense is how much average variable expense and ordinary fixed cost. The typical fixed cost consistently diminishes all through creation with the decent contribution to the present moment. The typical variable expense initially decreases as the ascent progresses.

From that point forward, it diminishes to a base and afterward increments as creation increments further. When the average variable cost begins to rise after reaching its minimum point, the average fixed cost continues to decrease. Since the AVC, or a portion of the ATC, has begun to rise, the ATC continues to fall in tandem with the fall in the AFC, albeit at a slower rate.

The decrease in ATC continues at a certain output level. AVC rises faster than AFC falls after that point. The ATC begins to rise as a result.

Learn more about Average total cost:

brainly.com/question/29509552

Complete question as follows:

If the firm's average cost curves are U-shaped, why does its average variable cost curve achieve its minimum at a lower level of output than the average total cost curve?

A. average total cost equals average variable cost plus average fixed cost, and the average fixed cost of production reaches its minimum at a higher level of output than the average variable cost curve.

B. average total cost equals average variable cost plus average fixed cost, and the average fixed cost curve continues to fall as more output is produced.

C. average total cost equals average fixed cost plus marginal cost, and the marginal cost curve continues to fall as more output is produced

D. average variable cost equals average total cost plus average fixed cost, and the average fixed cost of production is constant.

E. average total cost equals average variable cost plus average fixed cost, and the decrease in average fixed costs with output is always larger than eventual increases in average variable costs with output.

The purpose of this category of interview questions is to learn about the interviewee’s personal attributes.
a.
General information questions
b.
Behavioral questions
c.
Character questions
d.
Stress questions


Please select the best answer from the choices provided

A
B
C <---------------- correct
D
correct is C

Answers

Answer:

C. Character questions is the answer.

Explanation:

Ms Kona owns a 9 percent interest in Carlton LLC

Answers

If Ms. Kona owns a 9% interest in Carlton LLC, it means that she has a 9% ownership stake in the company.

What soes stake ownership mean

Ms. Kona is evidently an owner of 9% of Carlton LLC, granting her a privilege to a nine percent share in the association's gains and interest when it comes to taking part in management resolutions.

In essence, the specifics of her investment rights are reliant upon the particular conditions of the existing Limited Liability Company operation contract, which supervises the alliance between the business' proprietors and executives.

Read more on stake ownership here:https://brainly.com/question/22667614

#SPJ1

None of these
QUESTION 12:
An abstract of title is

Answers

An abstract of title is a summary or condensed history of all the legal documents and records that relate to the ownership of a particular piece of real estate.

What is An abstract of title

It is typically prepared by a title company or an abstractor, who conducts a thorough search of public records to identify any liens, encumbrances, or defects that could affect the property's ownership or marketability.

The abstract of title usually includes a summary of the property's ownership history, including all transfers and conveyances of the property, as well as any mortgages

Read more on abstract of title here https://brainly.com/question/30713990

#SPJ1

Which statement defines financial investment?

A. It is the network that facilitates the exchange of funds.

B. It is the buying and selling of financial assets.

C. It is the buying of capital goods.

D. It is the expected earnings an investment yields for the investor.

Answers

The term "financial investment" describes buying financial assets such as stocks, bonds, mutual funds, or other securities in the hope of making money from the asset's rise in value or from income it produces, such as interest or dividends. Option B. It is the buying and selling of financial assets. is correct.

A crucial component of financial investment is the purchasing and selling of these financial assets in order to make money or rebalance a portfolio.

The financial system, which is a more general notion that includes the organisations and procedures that facilitate the transfer of money between savers and investors, is described in Option A.

The acquisition of long-lasting, enduring commodities, such as machinery or equipment, which are required in the creation of other products or services is referred to as Option C.

Option D mentions the return on investment, which is an important factor to take into account when making financial investments, but it does not describe the idea.

For more such questions on financial investment

https://brainly.com/question/7277468

Should you give personal identifying information to your employer?

A.
No, that information is private.

B.
Yes, they will need it to withhold taxes.

C.
No, that information should not be shared with anyone.

D.
Yes, the employer will share it with your next employer.

Answers

Answer: B.

Yes, they will need it to withhold taxes.

Explanation:

B. Yes, you should provide personal identifying information to your employer as they will need it to fulfill their legal obligations, such as withholding taxes from your paycheck. However, it is important to make sure that you only provide the necessary information and that your employer is taking appropriate measures to protect your personal data. It is also important to understand your rights and privacy protections under applicable laws and regulations.

Which of the following can be used to create a marketing plan?
1 specific market to target
2 needs of customers
3 competing products
4 all of the above

Answers

Answer:

I think the answer of this question is option no 4.

4) all of the above.

What document is a loan from a bank to a purchaser?

Answers

Answer: Mortgage

Explanation:

Took the quiz

Which of the following statements about consumer sovereignty is true?

Consumers’ needs and wants dictate what goods and services producers provide.

Influence of consumers over government rules regulate the marketplace.

Conditions where buyers and sellers are willingly engaging in market transactions.

Consumers dictate the prices of goods and services.

Answers

The statement that is true of consumer sovereignty is A. Consumers’ needs and wants dictate what goods and services producers provide.

What dictates the products made ?

Consumer sovereignty is the notion that the consumers are the predominant forces of the market economy and choose what products and services producers should provide in order to earn a profit.

In this way, if consumers cease buying something then the enterprises must conform their offers to fulfill the modified demand. This concept remains at the hub of economies based on the market and advances innovation and competition among firms.

Find out more on consumer sovereignty at https://brainly.com/question/11545408

#SPJ1

When you go beyond the title of the article, read the article in depth and follow with any links, you are

When you go beyond the title of the article, read the article in depth and follow with any links, you are


Doing a deep dive and your due diligence

Watching out for misinformation

Doing an in-depth search on your topic

Researching the source

Answers

Answer:

Explanation:

I think We are doing an in-depth search on your topic.

For Curiosity, we have to do full research on the topic we are reading,

And for full research, we have to go in deep We follow the link given in the article.

A good reader is called when He does not just look at the title. He do all efforts for understanding the topic in depth.

Read More:

brainly.com/articles

Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity? Continued 4. Take a case of one company or the company in which you are working, and then: Identify the outputs and inputs of the company Estimate yearly outputs and inputs identified either in value or volume Calculate single, multiple, and total factor productivity

Answers

Output divided by input is productivity. Calculate each store's labor productivity: The highest is 200 birr per work hour in Bale-Robe. We should anticipate a speculative company that creates technology.

The company's feedback data points may include labor hours, raw materials, and energy expenditures, and its outcomes may be calculated based on the number of products produced or the revenue generated from sales.

We would need to gather data on the organization's activities, such as the number of hours spent, the cost of unpolished components, and the absolute deal revenue, in order to evaluate annual sources of information and results.

The organization's single-factor efficiency (SFP) can then be calculated by dividing the outcome by a single piece of information, such as work hours or raw components.

To learn more about productivity, click here.

https://brainly.com/question/31859289

#SPJ1

Assume country A has the following data: Gross Domestic Product (GDP) Factor income received abroad Factor income paid abroad Compute: i. Net factor income from abroad. ii. Gross National Product (GNP). iii. Under what circumstance will GNP be greater than GDP SEPT 2021 ¢ billion 68 2.7 1.5 CSUC 8​

Answers

iii. GNP will be greater than GDP when the net factor income from abroad is positive.

How to solve

i. To calculate the net factor income from abroad, we need to subtract the factor income paid abroad from the factor income received abroad.

Net factor income from abroad = Factor income received abroad - Factor income paid abroad

Net factor income from abroad = 2.7 - 1.5

Net factor income from abroad = 1.2 billion

ii. Gross National Product (GNP) is the sum of Gross Domestic Product (GDP) and net factor income from abroad.

GNP = GDP + Net factor income from abroad

GNP = 68 + 1.2

GNP = 69.2 billion

iii. GNP will be greater than GDP when the net factor income from abroad is positive.

This way that the country is earning more profit from its expenditures abroad than it is paying to offshore investors the one have investments inside the country. In such a sketch, the income earned experience will increase the GNP of the country.


Read more about GNP here:

https://brainly.com/question/4378857

#SPJ1

The small town of Honnavara. the Arabian Sea and on the banks of the River Sharavathi?​

Answers

Honnavara is a small town in the uttara kannada district which is located in the southwestern part of the indian state of karnataka the town is situated on the coast of the arabian sea

The Arabian sea

This is a body of water that lies between the arabian peninsula and the indian subcontinent the arabian sea is part of the indian ocean and is bordered by several countries

including india pakistan oman yemen and somalia the town of honnavara is also located on the banks of the river sharavathi which is a major river in the region

Read more on Arabian sea here:https://brainly.com/question/28367029

#SPJ1

NEED ASAP!
Which 2 leadership styles promote teamwork

Answers

Answer:

Participative and Transformational

Explanation:

An participative leader is a good leader and empowers the team members to do their best and put goals on top. So, this type of leader promotes teamwork.

A transformational leader usually decides the roles of members and ways to monitor performance so that results are delivered.

Question 4 (30 Marks) Epsilon Limited a company that sell contemporary home accessories was incorporated on 1 April 2017 with an authorized share capital consisting of the following: 000 000 ordinary shares at N$20 each (600 000 ordinary shares issued). ● ● 200 000 8% Redeemable preference shares at N$15 each (200 000 shares issued). These shares were classified as liability. Other balances as at 31 May 2021: ● Share premium account N$450 000 ● Retained earnings N$1 875 500 After getting approval from the shareholders at the annual general meeting the board decided to redeem all the 8% redeemable preference shares as soon as it was feasible to do so. The redemption of the 8% redeemable preference would be partly funded by issuing 100 000 new ordinary shares as well utilization of retained earnings. 01 November 2021: 15 November 2021: 30 November 2021: 31 March 2022: Issued 150 000 ordinary shares at N$20.75 and all shares were subscribed. The full share issue was underwritten by Fox Brokers Ltd at a commission of 2.5%. Shares were allotted to the applicants and the transaction with the underwriter were concluded. Redemption of 8% redeemable preference shares at a premium of 20 cents. Accrued dividend for the current year was paid to the applicable shareholders. It was decided to write off premium on redemption and underwriters commission against retained earnings. Profit after tax for the period amounted to N$650 525. The board had agreed to transfer N$50 000 to an asset's replacement reserve. Land and buildings were revalued upwardly by N$555 000. YOU ARE REQUIRED TO: 1) Journalize the transactions pertaining to the period 01 November 2021 to 31 March 2022. (20 Marks) 2) Prepare the retained earnings ledger account as at 31 March 2022. This account should be properly balanced off. (10 Marks).​

Answers

Answer:

1) Journal Entries:

Date | Particulars | Debit (N$) | Credit (N$)

--- | --- | --- | ---

01-Nov-21 | Bank A/c Dr. | 3,112,500 |

| Share Capital A/c Dr. | 3,000,000 |

| Share Premium A/c Dr. | 412,500 |

| To Allotment A/c (150,000 x N$20.75) | | 3,112,500

| (Issuance of 150,000 ordinary shares at N$20.75 per share, fully subscribed and underwritten by Fox Brokers Ltd at a commission of 2.5%) |

15-Nov-21 | Preference Shares Redemption A/c Dr. | 3,000,000 |

| Premium on Redemption A/c Dr. | 40,000 |

| To Bank A/c (200,000 x N$15.20) | 3,040,000 |

| (Redemption of 200,000 redeemable preference shares at N$15 per share at a premium of 20 cents) |

30-Nov-21 | Dividend Payable A/c Dr. | 16,000 |

| To Preference Dividend A/c | | 16,000

| (Accrued preference dividend for the current year paid to applicable shareholders) |

31-Mar-22 | Asset Replacement Reserve A/c Dr. | 50,000 |

| Retained Earnings A/c Dr. | 627,500 |

| To Profit and Loss A/c | | 650,525

| To Land and Building Revaluation Reserve A/c | | 555,000

| To Premium on Redemption A/c | | 40,000

| To Underwriting Commission A/c | | 10,025

| (Transfer of N$50,000 to asset replacement reserve, write-off of N$645,025 against retained earnings for land and building revaluation reserve, premium on redemption, and underwriting commission, and recognition of profit after tax of N$650,525)

2) Retained Earnings Ledger Account:

| Date | Particulars | Debit (N$) | Credit (N$) |

| --- | --- | --- | --- |

| 31 May 2021 | Balance b/d | 1,875,500 | |

| 31 Mar 2022 | Asset Replacement Reserve A/c | 50,000 | |

| 31 Mar 2022 | Profit and Loss A/c | 650,525 | |

| 31 Mar 2022 | Land and Building Revaluation Reserve A/c | 555,000 | |

| 31 Mar 2022 | Premium on Redemption A/c | 40,000 | |

| 31 Mar 2022 | Underwriting Commission A/c | 10,025 | |

| 31 Mar 2022 | Balance c/d | | 2,781,950 |

| | | 3,181,050 | 3,181,050 |

who you think i am? i’m not reading that

Throughout your life, your financial needs will
A. stay the same
B. be totally predictable
C. change
D. decrease

Answers

[tex]ANSWER[/tex]

Throughout your life, your financial needs will

change

~hope it helps :)

~ have an amazing day ahead ~

Your financial needs will
Change

The company has decided they needed to create a full set of budget schedules including financial statements for the first year of operations based on an assumption of constant demand of 18,000 quarterly and 72,000 for the first year (appendices B-1 through B-11). A second set of budget schedules and financial statements based on expected unit sales of 15,000 in quarter one, 25,000 in quarter two, 20,000 in quarter three, and finally 12,000 in quarter four for a total of 72,000 for the year based on a seasonal demand pattern (appendices C-1 through C-11). We expect the same quarterly sales patterns in year two meaning 18,000 units per quarter under constant demand and 15,000 units in quarter one under seasonal demand. Compare the constant demand to the seasonal demand budget. Explain the major differences in each of the budget schedules, cash budget and financial statements on both a quarterly and annual basis. Remember the beginning and ending raw material and finished goods inventory units will cause differences in the budgets but also focus on the differences between accrual and cash timing figures.

Answers

The major differences between the constant demand budget and the seasonal demand budget can be seen in the quarterly and annual budget schedules, cash budget, and financial statements.

What is budget?

A budget is an estimate of income and expenditure for a specific period of time. It is typically used by individuals, families, businesses, and governments to plan how to allocate resources to meet their financial goals.

In the budget schedules, the constant demand budget produces higher sales and cost of goods sold figures on a quarterly basis, and therefore higher gross profit and higher net income figures. This is because the constant demand budget assumes 18,000 units sold each quarter, while the seasonal demand budget assumes 15,000 units in quarter one, 25,000 in quarter two, 20,000 in quarter three, and 12,000 in quarter four.
In the cash budget, the constant demand budget produces higher cash inflows from operations on a quarterly basis due to higher sales figures, and higher cash outflows from operations due to higher cost of goods sold figures. This means that the constant demand budget produces a higher net cash flow from operations on a quarterly basis.
Finally, in the financial statements, the constant demand budget produces higher figures on a quarterly and annual basis. This is due to the higher sales, cost of goods sold, gross profit, and net income figures on a quarterly basis, as well as higher current assets, current liabilities, and equity figures on an annual basis.
Overall, the constant demand budget produces higher figures on a quarterly and annual basis compared to the seasonal demand budget, due to the assumption of constant demand of 18,000 units per quarter versus the seasonal demand pattern of 15,000, 25,000, 20,000, and 12,000 units in quarters one through four.

To learn more about budget
https://brainly.com/question/24940564
#SPJ1

Ian is interested in purchasing bonds, but he is looking for bonds that aren’t related to the government. Which type of bonds would you suggest he purchase?
You Answered
treasury bonds
municipal bonds
Correct Answer
corporate bonds
general obligation bonds

CORRECT: corporate bonds

Answers

Corporate bonds are the best solution to the problem. This means that these bonds are being sold by a large corporation.

What exactly is a corporate bond?

A corporate bond is a bond that a company issues to raise funds for a variety of purposes such as current operations, M&A, or business expansion. Longer-term debt instruments with a maturity of at least one year are typically referred to by the term. Commercial paper refers to corporate debt securities with maturities of less than one year. The term "corporate bond" is not defined precisely. The term is sometimes used to refer to all bonds other than those that governments issue in their own currencies.

To know about corporate bonds visit:

https://brainly.com/question/29219360

#SPJ1

4). Compare and contrast the typologies of followership defined by Chaleff and Kellerman

Answers

Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers while Kellerman's typology, focus  on how Followers can bring about change with respoect to their leaders.

What is Kellerman typology of followership?

Barbara Kellerman, can be een as one  that focus on the typology of followership  which can be seen as one that focus  on the level of engagement.

She focus on the  good followers as actively supporting effective  as wwell as  good  leaders and responding appropriately to bad leaders however  Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers ..

Learn more about typology at:

https://brainly.com/question/21621312

#SPJ1

Steps to Making Ethical Decisions Project. I also need help on this (40 points)

Answers

Sure, I'd be happy to help you with your project on Steps to Making Ethical Decisions. Here is a basic outline of the steps:

1. Identify the problem or ethical dilemma: The first step in making ethical decisions is to identify the problem or dilemma you are facing. This step involves understanding the relevant facts, stakeholders, and values involved.

2. Gather information: Once you have identified the problem, gather as much information as possible about the situation. This step involves researching the issue, consulting with experts, and seeking out multiple perspectives.

3. Identify the ethical principles: Identify the ethical principles or values that are relevant to the situation. Examples of ethical principles include honesty, respect, autonomy, and justice.

4. Consider alternative courses of action: Once you have identified the ethical principles, consider alternative courses of action that could be taken to address the problem. This step involves brainstorming and evaluating the pros and cons of each option.

5. Make a decision: Based on the ethical principles and alternatives considered, make a decision about the course of action to take.

6. Take action: Once a decision has been made, take action to implement the chosen course of action.

7. Reflect on the decision: After taking action, reflect on the decision made and its outcomes. This step involves evaluating the decision and learning from the experience.

8. Adjust course if necessary: If the decision made did not have the desired outcome or if new information arises, adjust course accordingly and implement a new decision.

It's important to note that these steps are not always linear, and may need to be revisited and reevaluated as new information arises. Additionally, it's important to involve stakeholders and consider the potential consequences of any decision made.

I hope this helps you with your project! Let me know if you have any further questions.

Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?3 Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Continued
4. Take a case of one company or the company in which you are working, and then:

Identify the outputs and inputs of the company
Estimate yearly outputs and inputs identified either in value or volume
Calculate single, multiple, and total factor productivity

Answers

Output divided by input is productivity. Calculate each store's labor productivity: The highest is 200 birr per work hour in Bale-Robe. Efficiency is typically measured as a percentage of how well a company uses its resources (contributions) to produce labor and goods (yields).

While results might be estimated in terms of deals income, units provided, or other variables, data sources can include labor, materials, energy, and various assets. We would need to gather data on the organization's activities.

Such as the number of hours spent, the cost of unpolished components, and the absolute deal revenue, in order to evaluate annual sources of information and results. The organization's single-factor efficiency (SFP) can then be calculated by dividing the outcome by a single piece of information.

To learn more about productivity, click here.

https://brainly.com/question/31859289

#SPJ1

Projected free cash flows should be discounted at the firm's weighted average cost of capital to find the firm’s total corporate value.

Answers

The weighted average cost of capital (WACC) is significant in determining a firm's total corporate value through the discounted cash flow (DCF) method because it represents the required rate of return that investors expect to earn from investing in the firm.

The WACC is a key factor in the DCF method, which is a widely used valuation technique for estimating the value of a business. The DCF method calculates the present value of a company's future cash flows by discounting them back to their present value using the WACC as the discount rate.

The WACC represents the cost of capital for the firm and is calculated by weighting the cost of equity and the cost of debt based on the firm's capital structure. By using the WACC as the discount rate in the DCF method, it helps to account for the risk associated with the firm's financing structure and provides a more accurate estimate of the firm's total corporate value.

To know more about cash flow, here

brainly.com/question/29768594

#SPJ1

--The complete question is, What is the significance of calculating the weighted average cost of capital in determining a firm's total corporate value through the discounted cash flow method?--

Suppose the government increases education spending by $30 billion. If the marginal propensity to consume is 0.82, how much will total spending increase?

Answers

The government spends $30 billion more on education. The total increase in spending is 166.8 billion dollars.

The idea that personal consumer spending rises in tandem with an increase in disposable income is measured by the marginal propensity to consume (MPC).

Expansion in absolute spending = use multiplier × expansion in      schooling spending

                         Education spending increment =30 billion

                          Multiplier =1/1- marginal propensity to consume

                                            =1/1-0.82

                                             =1/0.18

                                            =5.5555

                                            =5.56(approx)

      Total spending increased = 5.56 × 30 billion

                                           =166.8 billion

Marginal Propensity to Consume goes up when consumption takes up more of the added income than it does when it takes less. Simply put, a person spends more money and saves less. Regularly, lower pay levels produce a higher MPC than higher pay levels.

MPC measures this relationship to determine the amount of increased spending for each additional dollar of income. It is significant on the grounds that it changes at various pay levels and is the most reduced for higher-pay families.

Learn more about Marginal propensity to consume:

brainly.com/question/17930875

journalize the following transaction in the books of Nyaupane Trade Concern. h 1 Nyaupane invested Rs. 200,000 cash in Nyaupane Trade Concern. 5 Office furniture purchased for Rs. 30,000 cash. 18 Nyaupane trade concern purchased goods for Rs. 35,000. 20 Nyaupane trade concern purchased goods on credit for Rs. 24,000. 28 Rent paid Rs. 10,000. 30 Salary paid to staff Rs. 25,000. 30 Goods sold to a customer costing Rs. 12,000 for Rs. 15,000 & received Rs. 5000 cash & rest on accounts receivable. 30 Nyaupane withdrew Rs. 1,000 cash from Nyaupane trade concern. red: Journal entries. ​

Answers

Journalizing transactions entails keeping track of all your company dealings and tracking them in reverse chronological order. The date, the account you're debiting or crediting, and a brief explanation of the transaction are often included in this record.

What are some illustrations of owner capital?

The capital contribution of the owner is equal to the total of the contributed funds and assets. When determining the owner's equity, consideration is given to both the amount of the capital contribution and the amount the owner would get upon the sale or liquidation of the company.

Every investment made by a business owner is referred to as capital. They may, for instance, transfer money directly into the company's bank accounts, use the funds to purchase equipment, or donate their own equipment.

Accounting jargon describes any money taken out of the corporate account for personal use as a drawing. This might be something significant like a paycheck or something simple like lunch that is paid for with your employer's credit card.

                                                               Debit (Rs.)  Credit (Rs.)

Cash a/c                              Dr.                 200,000          

    To capital a/c                                                               200,000

(For the owner's capital contribution)  

Furniture a/c                        Dr.                   30,000

    To cash a/c                                                                    30,000

(For cash-only office furniture purchases)

Purchased a/c                       Dr.                  35,000

     To cash a/c                                                                    35,000

(for items bought with cash)

Purchased a/c                       Dr.                  24,000

     To accounts payable a/c                                               24,000

(for products that were financed)

Rent a/c                                Dr.                   10,000

    To cash a/c                                                                      10,000

(Paying rent)

Salary a/c                             Dr.                     25,000

    To cash a/c                                                                      25,000

(for staff members' salaries)

Cash a/c                               Dr.                     5,000

Accounts receivable a/c       Dr.                   10,000

     To sales a/c                                                                      15,000

(Receiving Rs. 5,000 in cash and the remaining Rs. 15,000 on accounts receivable for items sold to a client for Rs. 12,000)

Drawings a/c                        Dr.                       1,000

     To cash a/c                                                                          1,000

( Owner withdrew cash for personal purposes.)

Learn more about capital contribution: https://brainly.com/question/30685322

#SPJ1

Evaluate which elements of the extended marketing mix are most important in meeting the specific requirements of the key customer segment.

Answers

The specific elements of the extended marketing mix that are most important in meeting the requirements of a key customer segment include:

Product Price Promotion

Why are these elements important ?

The product or service being offered must meet the specific needs and preferences of the target customers. This includes factors such as quality, design, features, and packaging.

The price of the product or service must be competitive and appropriate for the target customers. This may involve pricing strategies such as discounts, promotions, or bundling.

The marketing communication strategy must be tailored to the specific needs and preferences of the target customers. This may involve factors such as advertising, sales promotions, and public relations.

Find out more on the extended marketing mix at https://brainly.com/question/30976203


#SPJ1

On December 1, NNC began an electro repair shop,Samson Quality Automotive. The following transactions occurred during December Dec. 1 Samson contributed birr 55,000 cash to the business in exchange for shares of common stock. 1 Purchased birr 9,000 of equipment paying cash. 1 Paid birr 1,500 for a five-month insurance policy starting on December 1. 9 Paid birr 16,000 cash to purchase land to be used in operations. 10 Purchased office supplies on account, birr 2,000. 19 Borrowed birr 12,000 from the bank for business use. Samson signed a notes payable to the bank in the name of the corporation. The note is due in five years. 22 Paid birr 1,700 for advertising expenses. 26 Paid birr 300 on account. 28 The business received a bill for utilities to be paid in January, birr 180. 31 Revenues earned during the month included birr 14,000 cash and birr 2,600 on account. 31 Paid employees’ salaries birr 3,800 and building rent birr 1,300. Record as a compound entry. 31 The business received birr 1,400 for auto screening services to be performed next month. 31 Cash dividends of birr 4,000 was paid to stockholders.

Answers

Journal entries are a record of financial transactions in chronological order, showing the accounts and amounts debited and credited for each transaction. Below is the journal entries of the transactions:

What constitutes the journal entries?

Below are the debit and credit entries for each transaction:

Dec. 1:

Debit: Cash (55,000)

Credit: Common Stock (55,000)

Debit: Equipment (9,000)

Credit: Cash (9,000)

Debit: Prepaid Insurance (1,500)

Credit: Cash (1,500)

Dec. 9:

Debit: Land (16,000)

Credit: Cash (16,000)

Dec. 10:

Debit: Office Supplies (2,000)

Credit: Accounts Payable (2,000)

Dec. 19:

Debit: Cash (12,000)

Credit: Notes Payable (12,000)

Dec. 22:

Debit: Advertising Expense (1,700)

Credit: Cash (1,700)

Dec. 26:

Debit: Accounts Payable (300)

Credit: Cash (300)

Dec. 28:

Debit: Utilities Expense (180)

Credit: Accounts Payable (180)

Dec. 31:

Debit: Cash (16,600)

Debit: Accounts Receivable (2,600)

Credit: Service Revenue (17,600)

Debit: Salary Expense (3,800)

Debit: Rent Expense (1,300)

Credit: Cash (5,100)

Debit: Unearned Revenue (1,400)

Credit: Cash (1,400)

Debit: Cash Dividends (4,000)

Credit: Cash (4,000)

learn more about journal entries: https://brainly.com/question/14279491

#SPJ1

define complements. define substitutions. explain the diffierence and how they work

Answers

A replacement good is one that fulfils the same function for customers as another item. When two goods are eaten together, the complementary item gives value to the other.

What is the difference between substitutes and complements?

Tea and coffee are two examples of substitute items that are independent of one another and may each be used to fulfil a specific need. Contrarily, complementary items that go together to meet a certain need, like bread and butter, are depending on one another.

A product or service that consumers may quickly swap out for another is referred to as a replacement. In economics, substitute items are frequently used when the demand for one product rises as the price of the alternative product rises.

Cross price elasticity is used to establish if products are complements or substitutes; if it is positive, the products are replacements, and if it is negative, the products are complements.

Learn more about substitutes and complements:

https://brainly.com/question/10423146

#SPJ1

On separate axes, draw typical production isoquants for each of the following production functions. a) f(x, y) = 2xy+1. b) f(x, y) = x + y. c) f(x, y) = x + min{x, y}

Answers

The typical production isoquants for each of the following production functions. a) f(x, y) = 2xy+1. b) f(x, y) = x + y. c) f(x, y) = x + min{x, y} are given below in the image

What is a Production Isoquant?

A production isoquant portrays the combinations of labor and capital that produce a specific output level.

Essentially, it records the amounts of two inputs required to create identical outputs. This term, "isoquant," is derived from ancient Greek words; namely, "iso" meaning equal and "quant" referring to quantity, forming the phrase "equal amount."

An isoquant display characteristically depicts as a smooth curve. Moreover, the rate at which one input can substitute another while holding constant the same level of output is represented by an isoquant's slope or its marginal rate of technical substitution value.

Read more about Production Isoquant here:

https://brainly.com/question/15959978
#SPJ1

Which of the following is a step that you could take to ensure that your thank you letter is error-free?​

Answers

Answer:

multiple ways

Explanation:

Read out loud to yourself. Get another person to read it. Spill check. Grammer proof read check. Email it to a tutor.

Here's the question:
You want to accumulate $1 million by your retirement date, which is 25 years from now. you will make 25 deposits in your bank, with the first occurring today. The bank pays 8% interest, compounded annually. You expect to receive annual raises at 3%, which will offset inflation, and you will let the amount you deposit each year also grow by 3% (i.e, your second deposit will be 3% greater than your first, the third will be 3% greater than the second, etc.) How much must your first deposit be if you are to meet your goal.

Both answers that I received are incorrect compared to the book. I'm trying to solve. this using excel functions. The first part is finding the PV using N = 25, I = 3%, FV=-$1,0
It's getting the payment from the PV that is the challenge.

Answers

$231,557.13 is the first deposit if you are to meet your goal. The total PMT value is  $17,289.38 if the interest rate is at 3% every year.

Time period = 25 years

Future value =  $1 million

Bank interest = 8%

To calculate the amount for the first month's deposit, the Present value is calculated as:

PV = [tex]FV / (1 + r)^n[/tex]

PV = [tex]1000000 / (1 + 0.08)^{25}[/tex]

PV = $231,557.13

To calculate the Future value of annual deposits at 3% per year

FV = [tex]PMT * [(1 + g)^n - 1] / g[/tex]

$1,000,000 = [tex]PMT * [(1 + 0.03)^{25} - 1] / 0.03[/tex]

PMT = $17,289.38

To make $1 million in 25 years, you must make 25 deposits of increasing amounts.

To calculate the amount using the PMT function in Excel:

Future value =PMT(0.08, 25, -231557.13, 0, 1.03)

Future value = $17,289.38

Therefore we can conclude that in both calculations, we got a payment amount of $17,289.38.

To learn more about Interest rates

https://brainly.com/question/30470960

#SPJ1

Other Questions
Find The Non Finite Verbs Your team arrived to the scene at 9:30 am and found the temperature of the body at 85 degrees. The teamcontinued to help collect evidence and noted that the thermostat was set at 72 degrees. After collectingevidence for one hour, your team checked the body temperature again and found it to now be at 83. 3degreesYour team must figure out what time the murder took place. In UVW, the measure of W=90, UV = 4. 7 feet, and WU = 2. 2 feet. Find the measure of U to the nearest degree Will give brainliest. I need help with this project please!For this activity, you will design and describe a new outer planet. You must answer a series of questions and describe your planet in detail. Once all questions have been answered, you will create a scientific journal entry from the point of view of another astronomer discovering your planet. This journal entry must include all of the answers to the questions, but should be written as if these details are being discovered for the first time.1. How many AU is your planet from the Sun?2. Does your planet have a solid surface or is it a gas giant? If it has a solid surface, give the details.3. Describe the atmosphere.4. Describe the color(s).5. Does your planet have rings? If so, are they massive like Saturns or almost unnoticeable like Jupiters?6. Does your planet have any moon? If so, how many?7. How many degrees does your planet tilt?8. What is the diameter of your planet (in miles)?9. How long is one full rotation of your planet? (in minutes, hours, Earth days, or Earth years)?10. How long does it take for your planet to complete an orbit around the Sun (in Earth years)?Step 2: Write a Scientific Journal EntryNow its time to discover your planet! Use your answers to the questions in Step 1 to help you describe the planet in detail. They do not have to be described in the same order as the questions were listed; they can be mixed up to reflect how an astronomer might slowly learn about a planets components and aspects. As this journal entry is written from the point of view of the discoverer of the planet, you must include the name of the planet and explain why you chose that name. Your journal entry must be at least two paragraphs long.Your answers to the 10 questions (step 1)Your journal entry describing your discovery (step 2)You must include the name of your planet and explain why you chose that nameYour journal entry must be at least two paragraphs long When Huey Long preposed his "Share Our Wealth" plan in 1934, he was serving as es the Governor of Louisiana a US Senator from Louisiana. The President of the United States. A representat ve in the Louisiana House. Select the statement that is NOT truethe magnetic field lines always cross one anotherthe magnetic field lines have the same strengthmagnetic field lines flow from north to southmagnetic field lines are concentrated at the poles 8. Parts of transformer usually made of plastic materials,used to support the primary andA. Bobbin B. Core C. Primary Winding D. Secondary Winding What is 2 1/4 divided by 1 1/2? Which statement is true about the streets? Select all that apply. A. First Street intersects with Second Street and Third Street. B. Second Street is perpendicular to Third Street. C. First Street and Third Street are parallel. D. Second Street and Third Street are parallel. E. First Street is perpendicular to Second Street and Third Street. 6 / describe the likelihood of the next elk caught being unmarked Bob has saved $600 each month for the last 3 years to make a down payment on a house. The account earned an interest rate of 0.50 percent per month. How much money is in Bob's account? Students can grow academically and learning in meaningful ways byA. Trying different or new note taking techniques B. Taking an active approach to learning and avoiding their comfort zone.C. Ignore the grades and pay attention to their personal understanding D. Seeking out professors that grade more harshly In VWX, w = 600 cm, mmV=26 and mmW=80. Find the length of v, to the nearest 10th of a centimeter. Lindsey wears a different outfit every day. Her outfit consists of one top, one bottom, and one scarf.How many different outfits can Lindsey put together if she has 3 tops, 3 bottoms, and 3 scarves from which to choose? (hint: thecounting principle)A)3 outfitsB )9 outfitsC)24 outfitsD )27 outfits A boy of mass 60 kg and a girl of mass 40 kg are together and at rest on a frozen pond and push each other apart. The girl moves in a negative direction with a speed of 3 m/s. What must be the total final momentum of the boy and girl combined?A. 0 kgm/sB. -120 kgm/sC. 120 kgm/sD. -100 kgm/s How are a 10-gram sample of solid gold and a 50-gram sample of solid gold different? Stephen has a counter that is orange on one side and brown on the other. The counter is shown below: A circular counter is shown. The top surface of the counter is shaded in a lighter shade of gray and Orange is written across this section. The bottom section of the counter is shaded in darker shade of gray and Brown is written across it. Stephen flips this counter 24 times. What is the probability that the 25th flip will result in the counter landing on orange side up? fraction 24 over 25 fraction 1 over 24 fraction 1 over 4 fraction 1 over 2 Find a formula for the slope of the graph of fat the point (x, f(x)). Then use it to find the slope at the two given points. Adipose tissue is now known to be both an endocrine and a paracrine organ because of the factors it secretes. what are these factors Mount Lemmon Fire District v. Guido (October 11, 2018)decision and reasoning