The balance sheet for Kingbird, Inc. shows the following: total paid-in capital and retained earnings $860,000, total stockholders’ equity $788,400, common stock issued 42,000 shares, and common stock outstanding 36,000 shares.

Required:
Compute the book value per share.

The article examines the effects on a hypothetical economy of a set of fiscal and tax policies that are both long-term unsustainable and acknowledged by the general public.

a) Money Supply = Currency + Checkable Deposit = $600 billion + $900 billion = $1500 billion.

$600 billion compared to $900 billion is 66.7% of the currency deposit ratio.

Checkable deposit to excess reserve ratio is $15 billion to 900 billion, or 1.7%.

Money supply plus total reserves is $705 billion ($600 billion plus $15 billion plus $900 billion multiplied by 10%).

Money Supply/Monetary Base = $1500B/$705B = 2.13 Money Multiplier.

b). The Federal Reserves' purchase of $1400 billion through an open market transaction will add $1400 billion to the nation's monetary base. With a money multiplier of 2.13, this will result in a $1400B*2.13=$2982B rise in the money supply.

c). Given that the Fed makes the open market purchase and that the banks store all of the proceeds in excess reserves rather than lending them out because of concern about a financial disaster, the excess reserves held by the banks equal $15 billion plus $1400 billion, or $1415 billion.

The surplus reserve ratio is equal to $1415 billion divided by 900 billion, or 157.22%.

Money supply = $600B + $900B = $1500B

The monetary basis is equal to $600 billion plus $1415 billion plus $900 billion multiplied by 10% to equal $2105 billion.

The money multiplier equals money supply/monetary base and is 7.71.

d). The federal reserves significantly increased the quantity of liquidity in the banking sector during the financial crisis. But rather than using them to make new loans, banks decided to keep them as reserves. As a result, for the most of the time from October 2008 and until 2011, the money supply M1 multiplier remained below 1. This condition is indicated by the computation in 2c).

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Answer:

the expected annual profit for the number of beauticians is $70,000

Explanation:

The computation of the expected annual profit for the number of beauticians is shown below:

= 50 × 0.50 + 75 × 0.20 + 100 × 30

= 25 + 15 + 30

= 70

= $70,000

hence the expected annual profit for the number of beauticians is $70,000. The same is to be considered

All other information that are mentioned should be ignored

Answer:

Explanation:

Exchange privilege could be described as an opportunity to give mutual fund shareholders the ability to exchange their funds in another fund within the same fund.

The consequences following this is, if you exchange the fund one year or less from when you bought it you'll pay taxes at a short term capital gain, while if you held it longer you'll have long term capital gains. The longer the investment the longer the capital and vice versa

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

= 19.5%

2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1

= ‭(1.09604‬^1/3) - 1

= 3.1%

It's a form of research to look at products from different websites, but comparison means when you are comparing two things.

My answer would be B. Comparison

Studying products for similarities or differences is known as Comparison shopping. Option B. This is further explained below.

Generally, Comparison shopping is simply a typical technique in which buyers check the prices of various things from several stores before making a purchasing choice.

In conclusion, Comparison shopping is the process of examining things for similarities and differences.

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Answer:

the interest rate is missing, so I looked for similar questions and found that it is 8%:

1. what was the amount of interest expense paid in cash in 2013?

interest expense = $600,000 x 8% x 4/12 = $16,000

2. what was the amount of interest expense recognized on the 2013 income statement ?

$16,000

3.what was the amount of the total liabilities shown on the 2013 balance sheet ?

notes payable $600,000

interest payable $16,000

total $616,000

4. what was the total amount of cash that was paid to the bank on feb 28, 2014 for principal and interest?

total interest expense = $600,000 x 8% x 6/12 = $24,000

total cash paid = $624,000

5. what was the amount of interest expense shown on the 2014 income statement?

interest expense 2014 = $24,000 - $16,000 = $8,000

1. The amount of interest that Florenda Quino Forwarders paid in 2013 was $0.

2. The amount of interest that Florenda Quino recognized on the 2013 income statement was $16,000.

3. The amount of the total liabilities that Florenda Quino showed on its 2013 balance sheet for this bank loan was $616,000.

4. The total amount of cash that Florenda Quino paid to the bank on February 28, 2014, was $624,000.

5. The amount of interest expense shown on Florenda Quino's 2014 income statement was $8,000.

Data and Calculations:

Bank loan on Sept. 1, 2013 = $600,000

Annual interest rate = 8%

Maturity date = February 28, 2014

Maturity period = 6 months

Interest recognized in 2013 = $16,000 ($600,000 x 8% x 4/12)

Interest for one month = $4,000 ($600,000 x 8% x 1/12)

Interest for six months = $24,000 ($600,000 x 8% x 6/12)

Interest recognized in 2014 = $8,000 ($600,000 x 8% x 2/12)

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Answer:

I genuinely don't know

Answer:

a) I believe that it is a combination of changes in both the demographic component of the business environment and technological changes that made this possible. Every time I think about how many things were replaced by the smartphone, it just amazes me. When I was little, my father used a camcorder to make videos, a camera to take photos, he needed a watch, a lantern, a telephone, an agenda, a calculator, and a long list of other things.

If I had to carry all these around with me, I would need a huge backpack. Instead, I use a smartphone and everyone I know uses one also. I doubt that there is any person under 40 or 50 years old that could "survive" without their smartphone.

Who needs printed news? The only possible answer is people who do not know how to use a smartphone. This is a good change from an environmental point of view, i.e. less paper = less trash = less trees cut down = happier planet.

b) As I said before, no one under 50 (or maybe even older) can manage to live without their smartphone. Technology has become part of our lives, and it doesn't matter if you are a man or a woman, the effect is the same. Smartphones have become such an important part of our lives that 81% of adults in America own one. If you could segregate that statistic by decades, I'm sure that over 99% of people under 50 use them.

It doesn't matter if you are poor or rich. If your family is large or small. If you graduated from college or not. Everyone uses smartphones and what happened to AstroNews happened to the New York Times, Washington Post, and every other single newspaper. It is also affecting news channels like CNN or Fox news, so even cable TV is obsolete compared to smartphone apps.  

Answer:

S/n Date   Account Titles and Explanation      Debit       Credit

1.     2020    Organization expenses                  $53,000

                          Cash                                                            $53,000

             (Being amount paid to underwriters recorded)

2.                    No Entry

                      No Entry

                      (For amortization)

Answer:

Consumers have more money to buy cars, and the prices of cars and car accessories rise as a result. an increase in prices for computers and computer accessories.

Explanation:

Answer:

a

Explanation:

Answer:

bankrupt

Explanation:

Answer:

B. 278,621

Explanation:

The break-even point is equal to fixed cost divided by contribution margin per unit from the contribution margin concept.

Break-even point = Fixed costs/ contribution margin per unit

contribution margin per unit = selling price- variable cost

In this case,

fixed costs are $404,000.

selling price $2.50,

variable cost  $1.05

Contribution margin per unit : $2.50-$1.05= $1.45

Break-even point = $404,000/ $1.45

=278,620.689

=278,621 units

Answer: c is correct

Explanation:pls give brainlist

Answer:

a. What is the amount of depreciation expense for the first full year the company owns the equipment if the company adopts the straight-line method?

depreciable value = $80,000 - $5,000 = $75,000

depreciation expense per year = $75,000 / 5 years = $15,000

b. What is the journal entry the company would make to record depreciation expense?

December 31, 202x, depreciation expense

Dr Depreciation expense 15,000

    Cr Accumulated depreciation - equipment 15,000

c. What is the book value of the equipment after it has been owned for 1 full year (hint use part a)?

book value = purchase price - accumulated depreciation = $80,000 - $15,000 = $65,000

d. What is the amount of depreciation for the first year if the company did not purchase the equipment until July 1st and uses the straight-line method?

depreciation expense = $15,000 x 1/2 = $7,500

e. What is the book value of the equipment after it has been owned for 1/2 years?

book value = $80,000 - $7,500 = $72,500

Answer:

A priest

Explanation:

Answer:

Fedurary

Explanation:

I think it is Fedurary

Answer:

April

Explanation:

I searched it up on Google and this is what it said:

"April 15 is supposed to be the official tax deadline to file your federal income tax return each year, but that date isn't carved in stone. "

Answer:

A) $71350

B) $10045

Explanation:

A) Morgan's taxable income

= Salary - IRA deduction - Greater of standard and itemized deduction

= $95000 - $5000 - $18650

= $71350

B) Tax liability for Morgan ( using tax rate schedules )

= ( 6162 ) + ( 71350 - 53700 ) * 22%

= $10045

Answer:

Turner Company

The effect that this dividend had on Turner's 2021 financial statements are:

Balance Sheet

Cash $510,000

Retained Earnings $510,000

Income Statement

Dividend Revenue $510,000

Explanation:

a) Data and Calculations:

Shareholding in ICA Company = 10%

ICA paid cash dividend amounting to $5.10 million

Turner's share of the dividend = $510,000 ($5,100,000 * 10%)

b) The receipt of the cash dividend by Turner will increase its Cash balance by $510,000.  It will also increase the Dividend Revenue by $510,000, thereby increasing the profit for the year.  If Turner does not pay dividends, it will also increase the Retained Earnings by the same amount.

Answer:

a. Both the equilibrium price and quantity would increase.

Explanation:

The point on a demand-supply graph where the demand curve and the supply curve intersects is known as the point of equilibrium.

If scientists discover that steamed milk, which is used to make lattés, prevents heart attacks, what would happen to the equilibrium price and quantity of lattés is that, both the equilibrium price and quantity would increase.

This simply means that, whatever makes the factors of production such as, land, labor, entrepreneurship, capital, or efficiency to either go up or down would certainly result in fluctuations in the economy of a particular country.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.

On a standard Aggregate demand (AD)-Aggregate supply (AS) curve, the y axis denotes the Price (P) of goods and services while the x axis typically denotes the Output (Q) of final goods and services.

In the short-run, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price) while a rightward shift in the aggregate demand (AD) curve also cause output to increase and rise in prices.

The short-run nominal fluctuations basically cause a change in the level of production. In the short-run, as a result of a shift in the aggregate supply; an increase in money consequently to result in increase the level of production (output).

Hence, more goods are produced as a result of the increased output (supply) and more goods would be purchased as a result of their lower prices.

Answer and Explanation:

The journal entries are shown below:

1   Legal fees expense $500

            To Legal fees payable $500

(Being accrued expense is recorded)  

2 Legal fees payable $500

        To Cash $500

(Being amount paid is recorded)  

3   Interest expense $2,007

          To Interest payable $2,007

(Being accrued interest is recorded)  

4 Interest payable $2,007

  Interest expense  $4,013  

            To Cash $6,020

(Being interest paid is recorded)  

5   Salaries and wages expense $11,200

         To Salaries and wages payable $11,200

(Being accrued expense is recorded)  

6 Salaries and wages payable $11,200

  Salaries and wages expense $2,800

                   To Cash $14,000

(Being salaries and wages paid is recorded)  

Answer:

I need points sorry

Explanation:

Answer: Investigating the website of a company allows me to have a general idea about what this consists of.

Explanation: In the job search process one of the ways to learn more about the company of interest is to investigate on its website. The website of a company offers general information about the company such as mission, vision, values, the services or products they offer, the work team that makes up the company, and that they look for when recruiting a person.

Answer:

A. The labor force to increase as previously discouraged workers re-entered the labor force.

Explanation:

When the labor market is doing very well and jobs are easy to get, we would expect the labor force to increase as previously discouraged workers re-entered the labor force.

This ultimately implies that, when the labor market is performing exceptionally or excellently and the unemployment rate is very low because people are able to secure employment easily, there would be a significant increase in the number of people employed and as such leading to an increase in the labor force as more people would be motivated to join the labor force.

Hence, an optimal and efficient economy is one that is characterized mainly by a low unemployment rate with previously discouraged workers being motivated to come back into the labor force.

Answer:

b. Reject the null hypothesis and we conclude that years of experience is significant in explaining pharmacists' salary

Explanation:

We are given p-value less than 0.001, which means p-value less than given level of significance or alpha value 0.05, so we reject the null hypothesis and conclude that years of experience is significant in explaining pharmacists’ salary.

The conclusion at the level of significance that's given will be B. Reject the null hypothesis and we conclude that years of experience is significant in explaining pharmacist salary.

The null hypothesis simply means that statistical theory that suggests that there's no significance between the variables.

In this case, the p-value that's given is less than the level of significance. Therefore, the null hypothesis will be rejected. It can then be concluded that the years of experience is significant in explaining the salary of the pharmacist.

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Answer:

1. How much interest will Boston pay (in cash) to the bondholders every six months?

coupon payment = $1,850,000 x 7% x 1/2 = $64,750

2. Prepare journal entries to record (a) the issuance of bonds on January 1; (b) the first interest payment on June 30; and (c) the second interest payment on December 31.

January 1, bonds issued at par

Dr Cash 1,850,000

    Cr Bonds payable 1,850,000

June 30, first coupon payment

Dr Interest expense 64,750

    Cr Cash 64,750

December 31, second coupon payment

Dr Interest expense 64,750

    Cr Cash 64,750

3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 95 and (b) 105.

a)

Dr Cash 1,757,500

Dr Discount on bonds payable 92,500

    Cr Bonds payable 1,850,000

b)

Dr Cash 1,942,500

    Cr Bonds payable 1,850,000

    Cr Premium on bonds payable 92,500

Answer:

$1,612

Explanation:

Calculation for net pay and spendable income

Gross Pay: $2,600

TSA: ($260)

Taxable Income: $2,340

($2,600-$260)

Tax: ($728)

(28%*$2,600)

Net Pay and Spendable Income: $1,612

($2,340-$728)

Therefore the Net Pay and Spendable Income will be $1,612

Answer:

a. 1.096

Explanation:

The present value index is the same as the profitablility index(PI), which is computed by dividing the present value of future cash inflows by the initial investment(the present value of cash outflows). A profitability of above 1 means that the project is viable as the numerator(PV of cash inflows) exceeds the denominator( initial cash outlay).

Project A PI index= Present value of cash inflows/Present value of cash outflows

Project A PI index= $84,360/$77,000

Project A PI index= 1.096  

Answer:

d

Explanation:

Answer: $1.73

Explanation: