Business, 25.11.2020 14:00 alexamorantess
Cameron, Inc. held 1,000 shares of its own $10 par value common stock purchased for $20 per share. In March, Cameron sold 10 shares at $20 per share. The journal entry to record the sale of treasury stock would include a (debit/credit) to Treasury Stock in the amount of .
a. credit; $100
b. credit; $200
c. debit; $100
d. debit; $200
Answers: 3
Business, 22.06.2019 12:10
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
Business, 22.06.2019 14:10
Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed β compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?
Answers: 1
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 2
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your childβs college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
Cameron, Inc. held 1,000 shares of its own $10 par value common stock purchased for $20 per share. I...
Social Studies, 15.04.2020 20:38
Mathematics, 15.04.2020 20:38
Physics, 15.04.2020 20:38
Mathematics, 15.04.2020 20:38
History, 15.04.2020 20:38
Mathematics, 15.04.2020 20:38
Biology, 15.04.2020 20:38
Mathematics, 15.04.2020 20:38
Geography, 15.04.2020 20:38
Geography, 15.04.2020 20:38
Social Studies, 15.04.2020 20:38