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wlad13 [49]
2 years ago
12

A comparable property sold 10 months ago for $98,500. If the appropriate adjustment for market conditions is 0.30% per month (wi

th compounding), what would be the adjusted price of the comparable property?
Business
1 answer:
andreyandreev [35.5K]2 years ago
8 0

Answer:

$101,495.20

Explanation:

The comparable property value with compound interest

The formula for calculating future compound values

FV = PV × (1+r)n

In this case:

PV = 98,500

r =0.3% the interest rate per month

n = 10 compound periods

FV = 98,500 x (1+ 0.3/100)10

=98,500 x (1.003)10

=98,500 x 1.030408

=$101,495.20

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Theo currently owns 700 shares of JKL, which is an all-equity firm with 320,000 shares of stock outstanding at a market price of
valentina_108 [34]

Answer:

correct option is c. 43.75

Explanation:

given data

share own = 700

stock outstanding = 320000

market price = $25

interest and taxes =  $160,000

debt = $500,000

interest = 7%

loan = 7.5 percent interest

to find out

How many shares of JKL stock must Theo sell to unlever

solution

first we get here no of share that repurchased is express  as

no of share =  \frac{debt}{market\ price}     ..............1

no of share =  \frac{500000}{25}

no of share = 20,000 shares

sell = share own × ( no of share ÷ stock outstanding  )    .................2

sell = 700 × \frac{20000}{320000}

sell = 43.75 shares

so correct option is c. 43.75

6 0
2 years ago
Zara's staff members regularly collect data from customers at its stores. This data is used to: a. decide the designs and styles
umka2103 [35]

The details are important for settling on the models and patterns (designs and styles) for Zara's goods for the Upcoming few seasons.

Option-a

<u>Explanation: </u>

The collection of data is described as the approach of objective analytical observations utilizing standard established techniques compilation, calculation and evaluation. On the basis of data obtained, a scientist will test his hypothesis. In many other situations, the collection of data is the key phase for science, regardless of the area.

Based on the information required, the method of data analysis is unique for various subject areas of study. The main aim of the collection of data is to ensure that accurate information is gathered for statistical methods so that information-driven analytical decisions can be taken.

4 0
2 years ago
Oxidants such as hydrogen peroxide have the ability to release?
GrogVix [38]

Oxidants such as hydrogen peroxide have the ability to release, oxygen.

Hope this helps!!


8 0
2 years ago
One of the benefits of mindfulness is that it enables you to
Goshia [24]
Benefits of having a mindfulness life is that you will think before making decisions.
3 0
2 years ago
Deitz Corporation is projecting a cash balance of $33,300 in its December 31, 2019, balance sheet. Deitz’s schedule of expected
Kisachek [45]

Answer:

Deitz Corporation

Cash Budget

For the Quarter ended March 31, 2020:

Beginning balance                              $33,300

Cash Collections From Customers   205,350

Sale of Equipment                                   3,330

Total available cash                          $241,980

Cash Payments:

Direct materials               $47,730

Direct labor                        77,700

Manufacturing overhead  38,850

Selling & Administrative   49,950

Purchase of Securities      15,540  $(229,770)

Ending Balance                                   $12,210

Minimum Balance                                27,750

Shortfall                                              $15,540

Explanation:

Deitz Corporation uses this Cash Budget which it has prepared to understand its financial needs for the next quarter.  For example, with the minimum balance of $27,750 most likely based on past experience the corporation will start making arrangements for some outside funds to the tune of $15,540 or more to meet its cash needs for the first quarter.

7 0
2 years ago
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