On November 16, 2027, XYZ Company purchased 17,000 shares
(representing 12%) of Company C stock for $13 per share.
On August 23, 2028, XYZ Company sold 4,200 shares of the
Company C stock for $19 per share. XYZ Company reported
an $54,600 realized gain on the sale of the Company C
stock in its 2028 income statement. The market value of
the Company C stock at December 31, 2028 was $29 per share.
XYZ Company sold 3,500 shares of the Company C stock on
March 20, 2029 for $33 per share. At December 31, 2029,
the market value of the Company C stock was $11 per share.
1) Calculate the market value per share of the Company C stock
at December 31, 2027.
2) Calculate the amount of the unrealized loss reported on
XYZ Company's 2029 income statement. Do not enter your answer with a minus sign in front of your number.
Answers
The amount of the unrealized loss reported on XYZ Company's 2029 income statement is $18,600.
1) To calculate the market value per share of the Company C stock at December 31, 2027, we need to find the total value of the 17,000 shares purchased by XYZ Company.
First, we need to determine the total amount XYZ Company paid for the shares. We know that XYZ Company purchased the shares for $13 per share, so we can calculate the total cost by multiplying the price per share by the number of shares:
Total cost = $13 per share * 17,000 shares = $221,000
Next, we need to calculate the market value per share. Since we don't have any information about the market value at that specific date, we cannot determine the exact market value per share.
2) To calculate the amount of the unrealized loss reported on XYZ Company's 2029 income statement, we need to compare the market value of the remaining shares at December 31, 2029 with the original purchase price.
First, we need to determine the number of shares remaining after the sale on March 20, 2029. We know that XYZ Company sold 4,200 shares on August 23, 2028, and 3,500 shares on March 20, 2029. Therefore, the number of shares remaining is:
17,000 shares - 4,200 shares - 3,500 shares = 9,300 shares
Next, we need to calculate the unrealized loss. We can do this by comparing the market value per share at December 31, 2029 ($11) with the original purchase price per share ($13), and then multiplying the difference by the number of remaining shares:
Unrealized loss = (Market value per share - Purchase price per share) * Number of remaining shares
Unrealized loss = ($11 - $13) * 9,300 shares
Unrealized loss = (-$2) * 9,300 shares
Unrealized loss = -$18,600
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Related Questions
Which of the following forms of evaluation are used to understand whether or not your idea is having the intended effect and lets you know if you met your objectives?
Formative evaluation
Process evaluation
Impact evaluation
Outcome evaluation
Answers
Answer:Process/implementation evaluation
Explanation:
suppose there were 65 workers at robotron before unionization. how many robotron workers just got laid off?
Answers
The number of Robotron workers that just got laid off, given the number of workers before unionization was 15 workers.
How to find the workers laid off?Looking at the table on the number of programmers that the company has based on the amount that the employees are paid, the number of employees at a wage rate of $80 is 50 employees.
If the union negotiated an increase in pay to $80 per hour, then Robotron would hire only 50 workers.
If there were 65 workers then the number of workers laid off is:
= 65 workers - 50 workers
= 15 workers
First part of question is:
Their new union bargains for a wage of $80 per hour, and the newly unionized programmers are very excited.
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Which document determines the number of shares in a company?
a stock prospectus
an annual bill of rights
a corporate charter
an annual report
Answers
Answer:
C. a corporate charter
A Corporate Charter is document determines the number of shares in a company.
What is Corporate Charter?
Corporate charter is a legal document which is issued with the Secretary of State or registrar in order to establish a company as a corporation and contain every detailed information about company's share. The corporate charter contain information about governance, structure, objectives, operation, other information about the company and information about that total company shares and how much the company is willing to sell.
Therefore, A Corporate Charter is document determines the number of shares in a company
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a fifteen-year bond, which was purchased at a premium, has semiannual coupons. the amount for amortization of the premium in the second coupon is $966.29 and the amount for amortization of premium in the fourth coupon is $1,055.88. find the amount of the premium. (round your answer to the nearest cent.)
Answers
The formula for calculating bond purchased at a premium written down for the period is
(coupon rate - interest due)n*m
When bonds are sold at a premium?Bond premiums are equally amortized over each period using the straight-line technique. Over the course of the bond's existence, it evenly reduces the premium amount. The straight-line method's formula for calculating periodic amortization is as follows: Bond Premium Amortized = Bond Premium / No. of Years.Each payment on an amortized bond is applied to the principal and interest. Using the chart of bond amortization,(r=0.035)*(7-92 20-4)Solving 14 = 100 (-0.035) gives us 8=0.056 31442228, which we now substitute into the equation to get the result, which is n=26.A company will issue bonds payable to raise money. In the business's bookkeeping records, a premium or discount on bonds payable account is created when they are issued at a price other than their par value. The amortization of bonds payable is calculated using the effective interest method.When a company uses the straight line amortization of bond premiums, the total amount of interest expense will be equal to the expense calculated using the effective interest method.The advantage of using the straight line amortization is that it is a much simpler method. Under this method, the bond's premium is amortized over the life of the bond.To know more about bonds payable, click here:-
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What is the function of a ledger?
record only cash payments
record only credit payments
record and consolidate all financial transactions
record only sales
Answers
Answer:
Record and consolidate all financial transactions.
Explanation:
A ledger is a book that contains a record of all the transactions made- be it credit or withdrawals/ expenses. It is a book that maintains a record of any form of transaction that was ever done by a person or company.
It can also be a computer folder where the same record is made. The main point of maintaining a ledger is to keep track of, record, and also "make" solid evidence or proof of the transactions ever done. Thus, the function of a ledger is to record and consolidate all financial transactions ever done.
which section of the country’s economy was opposed to protective tariffs?
Answers
The section of the country's economy that was opposed to protective tariffs was the Southern agricultural economy.
They believed that tariffs would increase the cost of goods they needed to purchase, such as manufactured goods, and hurt their ability to sell their agricultural products overseas. Additionally, they felt that the tariffs primarily benefited Northern industrial interests.
The section of the country's economy that was opposed to protective tariffs was primarily the agricultural sector, particularly in the Southern United States.
Understand the terms. Protective tariffs are taxes imposed on imported goods to protect domestic industries from foreign competition.
Identify the opposition. The agricultural sector, especially in the Southern United States, relied heavily on exporting their products (such as cotton) to other countries. They also needed to import manufactured goods, which would become more expensive due to the tariffs.
Recognize the reasoning. Southern farmers opposed protective tariffs because they increased the cost of imported goods and decreased the demand for their exported products, which could lead to lower incomes and economic difficulties for the agricultural sector.
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hydrogen peroxide decomposes to produce water and oxygen. which relationship regarding the qunatites of reactants and products associated witht this reaction is true chegg
Answers
Hydrogen peroxide decomposes to produce water and oxygen. The relationship between the quantities of reactants and products in this reaction can be represented by the balanced chemical equation: 2 H2O2 → 2 H2O + O2. According to this equation.
This means that the ratio of hydrogen peroxide to water to oxygen is 2:2:1. In other words, for every 2 molecules of hydrogen peroxide, 2 molecules of water and 1 molecule of oxygen are formed.
It is important to note that this relationship is based on the stoichiometry of the balanced equation, which ensures that the law of conservation of mass is followed. This means that the total mass of the reactants is equal to the total mass of the products.
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Assume that the quotes given below are from a newspaper. "petrol prices fall for the second time during this year", "price of video games is set to fall again" "price of foreign holidays increases" Explain whether the producers of the relevant companies i) Are likely to raise or cut back on production as a result of these news items. Explain your reasons. ii) What is the term used for this rise or cut down of production?
please help ASAP
Answers
Answer:
which subject
Explanation:
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which trade sanction (embargo or subsidy) would be more effective in protecting domestic jobs? EXPLAIN WHY!!!
Answers
Answer:
International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad. While all of these effects seem beneficial, free trade isn't widely accepted as completely beneficial to all parties
In simplest terms, a tariff is a tax. It adds to the cost borne by consumers of imported goods and is one of several trade policies that a country can enact. Tariffs are paid to the customs authority of the country imposing the tariff. Tariffs on imports coming into the United States, for example, are collected by Customs and Border Protection, acting on behalf of the Commerce Department.6 7 In the U.K., it's HM Revenue & Customs (HMRC) that collects the money.
What are the total expenses for Forks Gym for the month of March?
$500
$3500
$2000
$1000
Answers
Answer:
7,000 is the answer
Explanation:
What is a handshake?
Answers
Explanation:
A quick gesture individual make involving the connection of both persons forearms proceeding to move them up and down
What is a mutual fund
Answers
Answer: A mutal fund is a professionally managed investment fund that pools money from many investors to purchase securities. the term is typically used in the United States, Canada, and India while simular structures across the globe include the SICAV in Europe and open-ended investment company in the UK.
Explanation:
which of the following is NOT a promotion strategy or activity
(a) Buying keywords on search homepages which trigger clickable text boxes when the keywords are use in a search.
(b) Gaining the exclusive right to retail a company's products in a specific area for a specific period.
(c) Viral marketing, which facilitates and encourages people to pass along a marketing message about a particular product.
(d) Public relations efforts to establish and maintain a company's image.
Answers
Answer:
A and D
Explanation:
I think the answer is A and D
Which communication objective related to the hierarchy of effects requires explaining the benefit of a new product relative to other similar products offered by​ competitors?
Answers
The communication objective related to the hierarchy of effects is knowledge.
What is knowledge?Knowledge simply means having understanding about something by knowing it.
Having good understanding of a new product is important as this help us to everything about the products, including the important of the product and the benefit consumer of such product tend to derived from using this product compare to other product that are similar to the new product in the market.
Inconclusion the communication objective related to the hierarchy of effects is knowledge.
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Cullumber Leasing Company leases a new machine to Sharrer Corporation. The machine has a cost of $65,000 and fair value of $91,500. Under the 3-year, non-cancelable contract, Sharrer will receive title to the machine at the end of the lease. The machine has a 3-year useful life and no residual value. The lease was signed on January 1, 2017. Cullumber expects to earn an 8% return on its investment, and this implicit rate is known by Sharrer. The annual rentals are payable on each December 31, beginning December 31, 2017. Click here to view the factor table. Prepare an amortization schedule that would be suitable for both the lessor and the lessee and that covers all the years involved. (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answers to 0 decimal places e. G. 5,275. )
Answers
The amortization schedule for the lease of the machine between Cullumber Leasing Company and Sharrer Corporation is as follows:
Year 2017 2018 2019 2020
Annual Rent $7,727 $7,727 $7,727 $7,727
Interest Expense $52,250 $41,808 $26,847 $11,282
Principal Repayment $12,523 $13,965 $15,880 $18,445
Remaining Balance $52,477 $38,512 $22,632 $4,187
An amortization schedule is a table that displays how principal and interest are divided up into individual monthly loan payments over the course of a loan. It is a helpful tool for borrowers to keep track of their loan balance and comprehend how much of each payment is used to principal reduction as opposed to interest.
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Which of the following statement is not correct? Select one: A.
Financial reports of publicly listed firms are prepared using
accrual accounting rather than cash accounting. B. The extent to
which fin
Answers
The statement that is not correct from the given options is B.
The extent to which financial reports of a firm are audited depends solely on the choice of the firm. What is financial accounting? Financial accounting is the process of recording, summarizing, and interpreting a business's financial transactions for the purpose of providing external stakeholders with financial reports. Financial reports generated through financial accounting are used by investors, creditors, and other stakeholders to make business decisions. Financial accounting is the process of recording and summarizing business transactions and generating financial statements such as the income statement, balance sheet, and cash flow statement., Option B, "The extent to which financial reports of a firm are audited depends solely on the choice of the firm," is not correct. This is because, according to auditing standards, the extent of auditing a company's financial statements is not based on the company's choice. The auditor's responsibility is to express an opinion on the financial statements' fairness and to express any reservations about the auditor's findings. However, public companies are required by law to have their financial statements audited by independent auditors. In contrast, private firms may choose to have their financial statements audited or not. Nonetheless, even if private companies decide not to audit their financial statements, they may still have their financial statements prepared in accordance with generally accepted accounting principles (GAAP). Option A, "Financial reports of publicly listed firms are prepared using accrual accounting rather than cash accounting," is correct. Publicly listed firms use accrual accounting, which records revenue and expenses when they occur rather than when cash changes hands. Accrual accounting is used to provide a more precise representation of a firm's financial performance, as it matches revenue with expenses more accurately than cash accounting does. A publicly listed firm's financial statements are required to be prepared in accordance with GAAP and audited by independent auditors. In contrast, private firms have more freedom in their accounting and reporting methods, as they are not required to follow GAAP. Private firms may also choose to use cash accounting rather than accrual accounting, which is not permitted for publicly listed firms.
Public companies are required to use accrual accounting and have their financial statements audited by independent auditors. Private companies, on the other hand, have more freedom in their accounting methods and may choose to use cash accounting rather than accrual accounting. However, even if private companies decide not to audit their financial statements, they may still have their financial statements prepared in accordance with GAAP.
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After your hypothesis statements and drawing your initial
conclusions, the next most important thing is identifying the who,
what, where, when and why of your report. Is this statement true or
false?
Answers
The given statement "After your hypothesis statements and drawing your initial conclusions, the next most important thing is identifying the who, what, where, when and why of your report" is mostly true because it may depend on the specific context and nature of the report being written.
Once a hypothesis has been generated, and initial conclusions have been drawn from the analysis of data, the next stage is to identify the specific details of the report. This would include identifying the following important details:Who: Who is the report intended for? Who will be interested in reading the report?What: What is the focus of the report? What topics and areas will be covered? Where: Where will the report be presented or published?
Will it be for internal or external use?When: When will the report be presented or published? What is the timeline for completing the report?Why: Why is the report being created? What is its purpose and significance?Identifying these details is important in order to make the report clear, specific, and relevant to its intended audience. It can also help in organizing the report in a logical and effective way.
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Which of the following affects employers’ decisions on how much to pay their workers? Maximizing costs
Maximizing profits
Minimizing profits
Minimizing benefits
Answers
What affects employers’ decisions on how much to pay their workers is : Maximizing profits.
What is profit maximization?Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them to maximize profit.
Every company or organization goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.
Profit maximization is important as it can tend to lead to sustainable growth for companies which is why most companies make use of profit maximization strategy so as to make higher profit.
Therefore what affects employers’ decisions on how much to pay their workers is : Maximizing profits.
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Name three primary objectives for human resource departments on social media.
Answers
Answer:
Three common objectives for HR social media are strong internal social media platforms supporting the corporate culture, building internal social media channels and personas representing employees, and establishing a strong brand name on the main social media platforms supporting the business strategy.
Explanation:
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Administrative costs include ______. shipping costs and sales commissions executive compensation and public relations costs factory maintenance workers' wages and factory supervisors' salaries sales commissions and factory supervisors' salaries
Answers
Answer: Executive compensation and public relations costs
Explanation:
Administration costs are cots that the company does not incur as a result of production, sales or indeed any specific department. They usually relate to the entire organization as a whole and involve the running of the entire company.
Executive compensation is an admin cost as the executives are in charge of coordinating the whole company and cannot necessarily be linked to one department or function.
Public relation costs affect the entire company and so are admin costs as well.
Magazines make most of their money from?
Answers
Answer:
advertisers
Explanation:
There are many Magazines that are published ion the market and becomes popular. Magazines make most of their money from advertiser.
Who is advertiser?An advertiser is the institution, administration, or any person that pays for an advertising attribute or time to demonstrate a convincing promotion or content to the public. Magazines make most of their money from by the means of advertiser.
Therefore, advertiser advertises the content to the public to publish any information.
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Type the correct answer in the box. Spell all words correctly.
What need is influenced by an individual’s personality, culture, and environment?
______ are needs that are influenced by an individual’s personality, culture, and environment, while needs are essential to human life.
Answers
Answer:
WANTS are those needs(things that u don't need that moment like cars etc) which influence one personality, culture and environment.Which of the following statements is true about mortgages?
A. The adjustable mortgage has an adjustable term of years but
fixed interest rate.
B. The adjustable mortgage has adjustable rates over a set amount
of time.
C. The fixed mortgage has a fixed term of years but adjustable
interest rate.
D. The fixed mortgage has an adjustable interest rate over a set time.
Answers
The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.
A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.
There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.
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I really need help please I’ll give brainlist.
Answers
Answer:
I pretty sure the answer should be emotion. I say this becausea good ad well play on emotion of a veiwer to make them think a certeain way.
Explanation:
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Have A Great Day
what is the name given to the development of a new good?
Answers
An invention is the name given to the development of a new good.
What an invention?Invention refers to the process of creating something that has never been made. It is a unique or novel device, method, composition or process.
An invention uses technology to solve a specific problem hence the name given to the development of a new good.
Examples of invention includes:
Manufacturing of Telephone.Manufacturing of printing press.Therefore, the name given to the development of a new good is called invention.
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Wayfair Co. Reported the following results from the sale of 5,500 tables in May: sales $300,000, variable costs $165,000, fixed costs $85,000, and net income $50,000. Assume that Wayfair increases the selling price of tables by 10% on June 1. How much is the new contribution margin ratio?.
Answers
Wayfair Co's new contribution margin ratio is 50%.
Data and Calculations:
Number of tables sold in May = 5,500
Sales revenue = $300,000
Selling price per table = $54.55 ($300,000/5,500)
Total variable costs = $165,000
Variable cost per unit = $30.00 ($165,000/5,500)
New selling price per table in June = $60 ($54.55 x 1.1)
Contribution margin per table = $30 ($60 - $30)
Contribution margin ratio =50% ($30/$60 x 100)
Thus, the new contribution margin ratio is 50%.
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If a customer spends $100 a week, shops 50 weeks a year, for a total of 10 years, what is the customer lifetime value?
A. $50,000
B.$500,000
Answers
Answer:
b
Explanation:
cause it the life time not the 10 years
Suppose a total of 2,500 students are allowed in the engineering programs at all of the colleges in a particular city. From the previous three years' record, it shows that the number of students who enroll in the entrance exam for the engineering program increases if there is an increase in the number of IT recruiters the previous year.This year there is a total of 3,200 students who have enrolled to take the entrance exam of which only up to 2,500 of those who passed would get in. Based on either the students' perspective or the college perspective, what combination of economic key concepts does the situation follow? A. Optimization and empiricism B. Equilibrium and empiricism C. Optimization and equilibrium D. Optimization, equilibrium, and empiricism
Answers
Answer:
D. Optimization, Equilibrium and Empiricism.
Explanation:
Economics is based on three key concepts which are Optimization, Equilibrium and Empiricism. Optimize is the first principle which means people will select best available option. Second important principle is that economy is always in a state of equilibrium which means if one gains the other also gets best available value. Third concept is that economists use data to make policies. The situation given in the scenario follows all the key concepts of economy.
URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made
Answers
Which of the following is a benefit of determining your personal vision:
a. A personal vision can help you discover your purpose in life.
b. A personal vision guarantees that you will achieve your dreams.
c. A personal vision finalizes every aspect of your career path.
d. A personal vision allows you to work less and accomplish more.
Answers
Answer: the difference between two numbers can be obtained by subtracting the smaller number from the bigger number.
• Here, - 0.4 is the smaller number, and 44.4 is the larger number.
• Therefore, the difference between the two is 44.4 - (- 0.4).
• Now, in mathematics, - and - makes a +.
This implies that, 44.4 - (- 0.4) = 44.4 + 0.4 = 44.8
∴ The required difference is 44.8.
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