Why is that 0.8 in fractional form is 8/10​

Answers

Answer 1
Answer:

Answer:

Decimal placement

Explanation:

It is 8/10 because, in the decimal 0.8 , the 8 is in the tenths place. If it was 0.08 the fraction would be 8/100 and so on and so forth.


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At the beginning of the year, Vendors, Inc., had owners' equity of $50,435. During the year, net income was $6,675 and the company paid dividends of $4,535. The company also repurchased $8,785 in equity. What was the cash flow to stockholders for the year?

Answers

Answer:

Total cash flow to stockholders   13,320‬

Explanation:

We should consider the actual cash paid by the firm in favor of the stockholders. Net income doesn't represent cashflow is the amount earned by the company but a portion of it is reinvested or hold by the firm. What it matter for cashflwo arethe cash dividends and treasury stock as these are actual cashflow in going into the stockholders pockets

from dividends                               4,535

from stock repurchase                   8,785  

Total cash flow to stockholders   13,320‬

The implied warranty of fitness for a particular purpose requires: a. proof that the seller made the first contact with the buyer.
b. proof that the seller used the term "warrant."
c. proof that the seller is a merchant.
d. none of the above

Answers

Answer: (D)

None of the above

Explanation:

Implied warranty of fitness for a particular purpose is a warranty that a seller has knowledge about a product and the purpose of that product, and the seller guarantees the buyer that the product is fit to be used for that purpose.

The requirements therefore are that;

• The seller knows about the product required by the buyer, and its purpose.

• The seller knows the buyer is relying on his expertise.

Therefore, none of the options provided above are requirements of implied warranty of fitness for a particular purpose.

The following transactions occur for Cardinal Music Academy during the month of October: Provide music lessons to students for $17,000 cash. Purchase prepaid insurance to protect musical equipment over the next year for $4,200 cash. Purchase musical equipment for $20,000 cash. Obtain a loan from a bank by signing a note for $30,000.Record the transactions. The company uses the following accounts: Cash, Prepaid Insurance, Equipment, Notes Payable, and Service Revenue.

Answers

A purchase is generally defined as the buying of goods and services on the price decided by the seller of goods.

What is term Transactions about?

A transactions is defined as the record or an agreement between the buyer and seller of the goods or services.

1. Cash                                 $17,000

       To Service revenue (music)            $17,000

(The academy receives cash by providing music services)

2. Prepaid Insurance          $4,200

               To Cash                                 $4,200

(The academy paid cash in advance to purchase insurance policy)

3. Musical Equipment           $20,000

             To  Cash                                    $20,000

(The academy paid cash for acquiring musical equipment)

4. Cash                              $30,000

           To  Notes payable                           $30,000

(The academy borrowed cash by signing a notes from the bank)

Learn more about Transactions, refer to the link:

brainly.com/question/24730931

Answer:

See explanation section

Explanation:

1. Debit     Cash                   $17,000

Credit            Service revenue (music)       $17,000

Note: The academy receives cash by providing music services to the students.

2. Debit     Prepaid Insurance          $4,200

Credit                    Cash                                 $4,200

Note: The academy paid cash in advance to purchase insurance policy.

3. Debit    Musical Equipment           $20,000

Credit                     Cash                                    $20,000

Note: The academy paid cash for acquiring musical equipment.

4. Debit     Cash                              $30,000

Credit             Notes payable                           $30,000

Note: The academy borrowed cash by signing a notes from the bank.

Assume this process continues, with each successive loan deposited into a checking account and no banks keeping any excess reserves. Under these assumptions, the $500,000 injection into the money supply results in an overall increase of ______ in demand deposits.

Answers

Answer:

$2,500,000

Explanation:

Following the stated assumptions in the question, the money multiplier will be used to calculate the resulting effect of the $500,000 injection into the money supply.

The money multiplier formula is 1/r , where r is the required reserve ratio. So, the resulting change in demand deposits is:

Change in Demand Deposits = Change in Fresh Reserves (that is, the Initial Deposit)×1/r

= $500,000×1/0.20

=$500,000 × 5

= $2,500,000

A bond was issued three years ago at a price of $1,050 with a maturity of six years, a yield-to-maturity (YTM) of 6.50% compounded semi-annually, and a face value of $1,000 with semi-annualy coupons. What is the price of this bond today immediately after the receipt of today's coupon if the YTM has risen to 7.75% compounded semi-annually

Answers

Answer:

$967.20

Explanation:

the YTM formula = {coupon + [(face value - present value)/time]} / [(face value + present value)/2]

to determine the coupon rate we fill the equation with the known factors:

0.065 = {coupon + [(1,000 - 1,050)/12]} / [(1,000 + 1,050)/2]

0.065 = (coupon - 41.67) / 1,025

66.625 = coupon - 4.167

coupon = 66.625 + 4.167 = $70.792  

three years later, the YTM = 7.5%, what is the PV? Again we use the YTM formula:

0.0775 = {70.792 + [(1,000 - x)/6]} / [(1,000 + x)/2]

0.0775(500 + 0.5x) = 70.792 + 166.67 - 0.1667x

38.75 + 0.03875x = 237.462 - 0.1667x

0.20545x = 198.712

x = 198.712 / .20545

x = $967.20

The shapes of firms' cost curves are important because:___________a. they tell us whether a firm is profitable or not.
b. they help us determine how much a firm will produce and even how it will produce it.
c. cost curves tell us the profitability of the firm.
d. they help us understand the market that the firm is in.

Answers

Answer:

a. they tell us whether a firm is profitable or not.

Explanation:

The shape of a firms curve tells us if a firm is profitable or not. If the firm is charging a higher price that is greater than its average cost of production for whatever quantity that was produced, we will have it that this firm will earn profits. But when the price that the firm is charging is smaller than its average cost of production, the firm will experience losses.