Question
Complete the t-accounts below using the transactions listed (1.5 pts). 4. Calculate the ending balance of each account (.5 pts). styx. issues a $1,000 bond
Complete the t-accounts below using the transactions listed (1.5 pts). 4. Calculate the ending balance of each account (.5 pts). styx. issues a $1,000 bond in order to raise cash styx. issues $5,000 in stocks to raise cash styx. spends $2,400 of its cash to purchase a new tuning machine Debits - + Credits Debits + - Credits Debits Credits 5. Complete the Accounting Equation below (.5 pts). 6. Circle the mathematical functions that complete the accounting equation (.5 pts). Assets: ____________ + / - / = Liabilities: ________________ + / - / = Owners Equity: _____________
The $5,000 stock sale from the first page was split into 500 shares. Calculate the price of a share of (a company called Styx). given the following information.
Please show your work.
Year 1 Profits: $3,500 Year 2 Profits: $4,250 Discount Rate: 3.25%
A. Share Price: ________________
B) What is the new share price if you decide that Year 2 profits will be $5,500 and you change your discount rate for all years to 5%?
Share Price: ________________
c) If a company called Styx is listed on the Dow Jones Industrial Average, and the Dos divisor is .1474, by how much will the Dow change if the price of a share of Styx. increases by $3.00? ________________
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