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dezoksy [38]
2 years ago
5

At the beginning of the​ year, wilson​ steel, inc. purchased​ 10,000 shares of barnes​ metals, inc. for​ $34,000 in exchange for

cash and now holds​ 3.2% of the voting stock of barnes​ metals, inc. the management of wilson steel intends to hold this stock for two years. assuming no other transaction happened during the​ year, the​ ________ in the balance sheet will increase.
Business
1 answer:
Dafna11 [192]2 years ago
7 0

Answer: Long-term investments

Wilson Steel paid $34,000 for a 3.2% stake in Barnes Metal.  

Wilson Steel has invested in Barnes with the intention of selling this stock after two years. It has no other business interest in it. <u>Hence, we can consider this as a long-term investment. </u>

Long-term investments are a part of the assets of a company. Hence, in the balance sheet, long-term assets will show an increase of $34,000.

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It is the beginning of the football season for the local college team. Martha redecorates the Coffee Collective with a theme tha
Mamont248 [21]

Answer:

Brand association

Explanation:

Brand equity refers to the value that a product receives from associating with a renowned brand. Brand association is one of the components of brand equity. Brand association refers to those images or symbols that customers identify with a brand.

Organizations try to instill positive image in the minds of customers through brand association. Here, Martha redecorates coffee collective with pictures of players and coaches as way to promote the team as audience will be be able to connect with the team through the images.

5 0
2 years ago
The following information was taken from the accounting records of Gorky Corporation for the year ended December 31, Year 1: Cas
Romashka-Z-Leto [24]

Answer:

Cash flow generated from financing activities: 5,200,000

Explanation:

Financing activities are the cash outflow and inflow from the company's debt and equity. Take and repayment of debt, interest on debt and dividend yield will be included in this section:

Cash received from issuance of notes payable    8,000,000

Dividends paid on Gorky common stock                (800,000)

Repayment of notes payable                           <u>     (4,000,000)   </u>

Cash flow generated from financing activities: 5,200,000

The machinery and planyt building are not financing activities. So we ignore them.

8 0
2 years ago
The widget market is competitive and includes no transaction costs. Five suppliers are willing to sell one widget at the followi
Mrac [35]

Answer:

Price     Quantity Supplied Quantity Demanded

$2          1                              1

$4          2                             1

$8          3                             1

$12         4                            2

$20        4                            2

$32        5                            4

$44       5                            5

In this market, the equilibrium price will beper widget, and the equilibrium quantity will be:

In this market, the equilibrium price will be $44, because is the price where the quantity supplied and the quantity demanded is the same: 5 widgets supplied, and 5 widgets demanded.

4 0
3 years ago
Last year, you purchased 400 shares of Analog stock for $12.92 a share. You have received a total of $136 in dividends and $4,30
Alenkasestr [34]

Answer:

-$16.78%

Explanation:

Given that

Proceeds from selling the shares = $4,301

Beginning price = $12.92

The computation of capital gains yield is shown below:-

End price per share

= $4,301 ÷ 400

= $10.7525 per share

Capital gains yield = (End price - Beginning price) ÷ Beginning price

= ($10.7525 - $12.92) ÷ $12.92

= -$2.1675 ÷ $12.92

= -$16.78%

4 0
2 years ago
Chester has negotiated a new labor contract for the next round that will affect the cost for their product City. Labor costs wil
Dmitriy789 [7]

Answer:

Find attached complete question:

Option A 1452 units

Explanation:

The increase in labor cost=$3.39-$2.89=$0.50

Half of the increase would reflect as increase in price i.e$0.25

Current price is $16

new price is $16+$0.25=$16.25

contribution margin =selling price -variable cost

currently units sold=$30,875/$16= 1,930

Current contribution per unit=$11,401/1930=$5.91

new contribution per unit would reduce by $0.25 i.e $5.91-$0.25=$5.66

breakeven in units=period cost/contribution margin per unit

period cost is $8346

breakeven units=$8346/$5.66=1475 units

The closest option is A 1452 units,the difference could be due to rounding error

Download docx
4 0
2 years ago
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