1)pk acquired a 25% interest in Trent Co. on January 1‚ 2010‚ for $500‚000. At that time‚ Trent had 1‚000‚000 shares of its $1 par common stock issued and outstanding. During 2010‚ Trent paid cash dividends of $160‚000 and thereafter declared and issued a 5% common stock dividend when the market value was $2 per share. Trent’s net income for 2010 was $360‚000. What is the balance in Agee’s investment account at the end of 2010 Cost $500‚000 Share of net income (.25 × $360‚000) 90‚000 Share
Premium Bond Stock Stock market
NAME: MASSAWE BARAKA‚ REG. NO: 2010-04-03894. 12 FINANCE 202 INDIVIDUAL ASSIGNMENT UDBS Consider a 10 year bond that has a face value shs 1000‚ a coupon rate of 6% and pays interest once a year. (a)Suppose person A bought this bond at par when it was initially issued and sold it 1 year later to person B for shs 1024.What is B’s total return? Soln Total return =[ Interest paid +(selling price – buying price)]/buying price Given; Annual interest paid = coupon rate x par value‚ coupon
Premium Rate of return Interest Time value of money
5 Year Plan The next five years of my life will be the most crucial years. They will be the platform on which I will build the rest of my life upon. Unlike most people‚ what I hope to study isn’t what I grew up hoping I would make of myself. My passion has always been music‚ it’s what makes me the happy. After some thought‚ I chose to take the safer route and went with a career that is more secure and lucrative. Within these next few years I hope to further my education and earn a degree in Dental
Premium Dental hygienist Hygiene Oral hygiene
of two or more companies into a single company where one survives and the others lose their corporate existence. The survivor acquires all the assets as well as liabilities of the merged company or companies. Generally‚ the surviving company is the buyer‚ which retains its identity‚ and the extinguished company is the seller. Acquisition in general sense is acquiring the ownership in the property. In the context of business combinations‚ an acquisition is the purchase by one company of a controlling
Premium Vodafone Mobile phone Mobile network operator
in bond and stock valuation; The capital structure of the company; and How they effects to the capital budgeting decisions of the company. - Swan- Davis Inc.‚ (SDI) manufactures equipment for sale to large contractors‚ the company was found in 1976 and it went to the public in 1980 at its shares value risen from $1 to $15 since it enter to the market. - The financial statements for the past three years show a decline trend in both the operation and return on shareholder of the company‚ so
Premium Bond
Reed Supermarkets – Action Plan Prepared by : Rishi Ranjan Reed Supermarket – Case Analysis Problem Statement : Meridith Collins‚ VP of marketing of Reed Supermarkets‚ is asked to increase the current market share of 14%(2010) to 16% by 2011.The following constraints are evident : 1. The market is fragmented with multiple players. 2. The operating margin is merely 2.1%‚ no scope of any error. 3. No investment plan for increasing the no. Of stores. Options available: 1. Increase
Premium Household income in the United States
description as a base‚ develop performance standards for this particular position. Specifically you are to create the following: 1. A list of 5-10 performance standards 2. The type of performance assessment technique(s) you will employ and why 3. The controls you have employed to eliminate or reduce errors or bias in assessment 4. Who will perform the assessment and why 5. How the organization should use the assessment results I chose to use the previous job description from unit one and
Premium Management Employment Evaluation
000 hours to master a skill. In Outliers‚ Gladwell uses Bill Gates as an example. According to Gladwell‚ Gates spent approximately 10‚000 hours practicing coding‚ honing the skills that he would later use to build his multi-billion dollar software company known as Microsoft. Bill Gates is a real-life example of the idiom “Practice makes perfect”. The 10‚000 hour also factors into education. In order to ensure success in school‚ I must reform my academic habits by spending more time on my work. I
Premium Education Teacher School
ATOM Atoms are the basic building blocks of ordinary matter. Atoms can join together to form molecules‚ which in turn form most of the objects around you. Atoms are composed of particles called protons‚ electrons and neutrons. Protons carry a positive electrical charge‚ electrons carry a negative electrical charge and neutrons carry no electrical charge at all. The protons and neutrons cluster together in the central part of the atom‚ called the nucleus‚ and the electrons ’orbit’ the nucleus. A
Free Atom Electron
Year Ten Drama Melodrama Name: _____________________ Teacher:________________ Unit Title: Melodrama Length: 8 weeks Assessment: Exam Time: One Double lesson Due Date: ______________ TASK Watch the section of video and answer the attached questions in the spaces provided Conditions You must: - Study the characteristics of melodrama in class and home time‚ previous to the day of the exam. - Complete your answers in the time given.
Premium Education Drama Literature