Morning Star Ltd was registered on 1 July 2021, as a company with a constitution limiting the
shares that could be offered to 5 000 000 Ordinary shares (including all classes) and 2 000 000
preference shares. The company issued a prospectus dated 1 July 2021 inviting the public to
apply for 1 000 000 Ordinary A class shares at $10.00 per share. The terms of the shares on issue
are $5.00 on application, $3.00 on allotment and a future call of $2.00 with date to be determined.
If the issue is oversubscribed the directors will make a pro-rata issue of shares and the excess
application money will be applied to allotment and calls before any refunds will be given.
On 30 July, applications for the Ordinary A class shares closed. Applications for 1 200 000 shares
in total had been received with applicants for 300 000 shares paying the full price and 900 000
shares paying only the application fee.
On 1 August, the Ordinary A class shares were allotted on a pro-rate basis with all allotment
money owed paid by the 30 August.
The company paid share issue costs of $10,000 for the issuing of Ordinary A class shares on 1
September. The share issue costs related to legal expenses associated with the share issue and
fees associated with the drafting and advertising of the prospectus and share issue.
The call on the Ordinary A class shares was made on 15 September and due by 30 September.
All call money was received except for the call on 50 000 shares. The directors met and forfeited
the shares on 15 October. On 30 October, the forfeited shares were reissued at $9 fully paid to
$10.00. Costs associated with reissuing the forfeited shares totalled $4,500. The remaining
money was refunded to the defaulting shareholders on 15 November.
On 1 January 2022, Morning Star Ltd issued via a private placement semi-annual coupon
debenture (which pays interest every 6 months) with a nominal value of $550,000. The debenture
term is five years and the coupon rate is 6% per annum. The market requires a rate of return of
4% per annum. The money came in and the debentures were allotted on the same date. The first
interest payment will occur on 30 June 2022.
On the same day (1 January), Monring Star issued 80 000 options for the Ordinary A class shares
with an exercise price of $8.00 each. It costs $2.00 per option. These options expire on 30 June
2022.
On 31 March 2022, the directors announced a renounceable 1-for-40 rights issue of the Ordinary
A class shares. Morning Star asked for $7 to be paid if a shareholder is exercising that right. The
share price is $10 per share at the time of exercising the rights. The holders of 600,000 shares
exercise their rights.
By 30 June 2022, 75 000 options were exercised. The remaining options are lapsed.
On the same day (30 June), 15 000 Ordinary A class shares were bought back by Morning Star
for $11.00 each. The original issue price for these shares were at $10.00 per share.
Required:
(a) Prepare journal entries for the above transactions for the year ended 30 June 2022. Note:
The entries should be in strict date order of the underlying event and please round all
amounts up to the whole number. (24.5 marks)
(b) Prepare an extract of the statement of change in equity to show the composition and
movement of the ordinary shares account of Morning Star Ltd as at 30 June 2022.
Please provide the opening balance, movements in share capital and closing balance of
each class of shares. 

Answer:

To have a high credit score, you must have been consistent with your debt repayment since you started taking loans.

Your friend would therefore be incorrect in assuming that all those who did not miss a payment in one single year will all high credit scores because your friend is not taking into account the previous years.

Some of those people might have delayed or defaulted on previous loans for one reason or the other but were able to keep up with new payments in 2015. Whilst this would improve their credit score, it would still be low as a result of the actions of the previous years that decreased it.

Taxes can significantly impact consumer decisions and buying power.

When taxes increase, the price of goods and services also increases, reducing the consumer's disposable income. Consumers may choose to reduce spending or switch to lower-priced alternatives.

Alternatively, lower taxes may increase buying power, allowing consumers to spend more on goods and services. Thus, taxes play a crucial role in shaping consumer behavior and the overall economy.

Taxes impact consumer decisions and buying power by altering the final cost of goods and services. Higher taxes can lead to decreased demand, as consumers may choose to spend less on items with increased prices. On the other hand, lower taxes can increase consumer spending, boosting demand and purchasing power in the economy

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Answer:

B. Risks

A. compound

c. Savings Account

c. mutual funds

Answer:

Understanding the likelihood of failure is part of understanding the

✔ risks

.

An investment will grow faster with a monthly

✔ compound

 interest rate.

Investments with more liquidity include

✔ savings accounts

.

Investments with less liquidity include

✔ personal property

.

Explanation:

a. The effective interest rate for a nominal interest rate of 3.09% compounded quarterly is approximately 3.14%.

b. The effective interest rate for a nominal interest rate of 3.09% compounded monthly is approximately 3.16%.

To calculate the effective interest rate, we need to take into account the compounding frequency. In the case of a nominal interest rate of 3.09% compounded quarterly, we can use the formula:

Effective Interest Rate = (1 + (Nominal Interest Rate / Number of Compounding Periods))^Number of Compounding Periods - 1

For a nominal interest rate of 3.09% compounded quarterly, the number of compounding periods per year is 4 (since it is compounded quarterly). Plugging in the values into the formula, we get:

Effective Interest Rate = (1 + (0.0309 / 4))⁴ - 1

                      ≈ 3.14%

Similarly, for a nominal interest rate of 3.09% compounded monthly, the number of compounding periods per year is 12 (since it is compounded monthly). Using the formula, we have:

Effective Interest Rate = (1 + (0.0309 / 12))¹² - 1

                      ≈ 3.16%

The effective interest rate takes into account the effect of compounding and represents the actual interest earned or paid over a given time period. By considering the compounding frequency, we can determine the true rate of return or cost associated with the nominal interest rate.

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Explanation

you ill have 234 left

Explanation:

234 Will Be Left Hope It Helps U

The existence of labor unions forces employers to deal with workers collectively, rather than as individuals (option d).

The existence of labor unions brings about collective bargaining, which means that employers are required to negotiate and interact with workers as a collective entity rather than dealing with them individually. Labor unions serve as representative bodies for workers, advocating for their rights and interests in relation to wages, working conditions, benefits, and other employment-related matters.

By forming a union, workers gain the ability to bargain collectively with employers, giving them more leverage and power in negotiations. This collective approach allows workers to pool their resources, negotiate as a unified group, and have a stronger voice in addressing their concerns and demands. Employers are obligated to engage in collective bargaining with the union representatives to reach agreements that affect the entire workforce, rather than negotiating with individual employees separately.

Therefore, the existence of labor unions shifts the dynamic from individual interactions between employers and workers to collective bargaining and negotiation on behalf of the workers as a whole. The correct option is d.

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Answer:

true

Explanation:

Answer:

b because diamonds dressing up

Lena is most likely in the Investigative phase of negotiation.

In business, negotiation refers to the strategic discussion that takes place between the potential buyer and sellers who are trying to reach an agreement which favors both party.

The phase of Negotiation includes;

Therefore, in this case, Lena is most likely in the Investigative phase of negotiation.

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Answer:

Perimeters, 2:3

Areas, 4:9

Explanation:

The formula for calculating the area of a square is L squared. Findings perimeter is L x 4

The perimeters

The Perimeter of the first square: 4cm x 4 = 16

The perimeter of the second square: 6cm x 4 =24

Their ration will be 16:24

in simple form = 2:3

The areas

Area of the first square: 4 x 4 = 16

Areas of the second square: 6 x 6 =36

Their ratio will be 16:36

In simple form= 4:9

In essence, bond valuation is determining the present value of a bond's anticipated future coupon payments. Using an appropriate discount rate, the future value of a bond's coupon payments is discounted to determine its theoretical fair value.

Annual Convention Value of Bond = Face Value / (1+r) n = 10 800 = 1000 / (1+r) n = 10 800 = 1000 / 800 r = 1.25(1/10) - 1 r = 1.02256518256 - 1 r = 2.23 percent

Semi-Annual Convention Bond Value = Face Value / (1+r)n n = 10 * 2 = 20 800 = 1000 / (1+r)20 = 1000 / 800 r = 1.25(1/20) - 1 r = 1.011219651 - 1 r = 1.12%.

Quarter Convention Value of Bond: Face Value / (1+r)n n = 10 * 4 = 40 800 = 1000 / (1+r)40 = 1000 / 800 r = 1.25(1/40) - 1 r = 1.00559417808 - 1 r = 0.5594% Rate: 0.5594% * 4 = 2.24%

The fundamental present value (PV) formula for a given discount rate is used in the bond price calculation. The face value paid at maturity and the present value of coupon payments make up the bond price.

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Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

When the sample size (n) is large, the 90% confidence interval for the population means (μY) is Yˉ ± 1.96SE(Yˉ).

The 90% confidence interval represents a range of values within which the true population mean is likely to fall. When the sample size is large (considered to be sufficiently large, typically greater than 30), we can approximate the sampling distribution of the sample mean (Yˉ) as approximately normally distributed.

To construct the confidence interval, we use the standard error of the sample mean (SE(Yˉ)), which is calculated by dividing the standard deviation of the population (σY) by the square root of the sample size (n).

For a 90% confidence interval, we look up the critical value associated with a 90% confidence level, which is approximately 1.96 when the sample size is large. This critical value corresponds to the z-score that leaves 5% of the area in the tails of the normal distribution.

Multiplying the standard error by the critical value gives us the margin of error, which is added and subtracted from the sample mean to create the confidence interval.

Therefore, the correct answer is D. Yˉ ± 1.96SE(Yˉ), where Yˉ represents the sample mean and SE(Yˉ) represents the standard error of the sample mean.

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Answer: The Answer Is

Dollar Variance $ 30

Percent varience 20%

F Or U which its U

Explanation: Hoped This Helped Thx For The Points!!

The cash realizable value of accounts receivable refers to the estimated amount of cash that a company expects to collect from its outstanding customer invoices.

Before the write-off: The cash realizable value of accounts receivable before the write-off would be the total amount of outstanding invoices that the company expects to collect from its customers.

After the write-off: The cash realizable value of accounts receivable after the write-off would be the remaining outstanding invoices that the company expects to collect after deducting the amount that was written off.

Thus, the specific amounts of the cash realizable value before and after the write-off would depend on the individual circumstances and the accounting policies of the company in question.

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A large restaurant/catering establishment has 317 employees. Last year 63 separate employees were injured on the job 1/5 of the employees, or 19.87%, or almost 20%, were hurt.

We can estimate that 20% is roughly equal to 19.87%. 20% equals 0.2, or one fifth.

19.87% 20%

20% Equals 0.2

0.2 = 1/5

Divide the smaller number by the larger number in order to first determine the percentage. Our result is 0.1987. By multiplying by 100, you may calculate the percentage of a hundred that is present: 19.87%.

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It will take 16 years to reach your goal.   The amount present in the brokerage account = $32,136.03

The amount that will be deposited at the end of every future year = $6,000Amount needed in the brokerage account = $270,000Interest rate earned = 12%We can use the formula for future value of an annuity to solve the problem. Future value of an annuity = (Payment x [(1 + r)n - 1] / r) + P(1 + r)nHere,P = Present value of the annuity = $32,136.03FV = Future value of the annuity = $270,000Pmt = Amount of each payment = $6,000r = Interest rate = 12% = 0.12n = Number of periods = ?By substituting these values in the formula, we get:FV = (Pmt x [(1 + r)n - 1] / r) + P(1 + r)n270000 = (6000 x [(1 + 0.12)n - 1] / 0.12) + 32136.03(1 + 0.12)n270000 - 32136.03(1 + 0.12)n = (6000 x [(1 + 0.12)n - 1] / 0.12)270000 - 32136.03(1 + 0.12)n = (6000 / 0.12) x [(1 + 0.12)n - 1]270000 - 32136.03(1 + 0.12)n = 60000 x [(1.12)n - 1]270000 - 32136.03(1 + 0.12)n = 60000 x (1.12)n - 60000On solving this equation, we get n = 16. Thus, it will take 16 years to reach the goal.

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The investor benefits in Investor-Originated Life Insurance (IOLI) when the insured dies.

Investor-Originated Life Insurance (IOLI) is a life insurance policy that is initiated by an investor and then sold to a high net worth individual. In this arrangement, the investor pays the premiums, and in exchange, the high net worth individual agrees to pay the investor a lump sum upon their death. The policy is owned by the high net worth individual, but the investor is the beneficiary and will receive the death benefit payout. The high net worth individual typically receives a portion of the death benefit as well. The main benefit of IOLI is that the investor can earn a higher return than traditional investments, while the high net worth individual receives life insurance coverage without the need to pay premiums. The use of IOLI has been controversial, with some questioning its legality and ethical implications.

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In Investor-Originated Life Insurance (IOLI), the beneficiaries are typically the investors or group of investors who own the policy. They purchase these policies from individuals who want immediate payout, and they assume the premiums and eventually collect the death benefit.

Investor-Originated Life Insurance (IOLI) is a type of policy wherein an individual or an entity with no insurable interest purchases life insurance on the life of another individual. This is typically done with the explicit intent of profiting financially when the insured individual dies. In the case of IOLI, the beneficiary that stands to gain from the death of the insured is usually the investor or group of investors who owns the policy.

The investors in IOLI buy policies from individuals who may want to cash out their policies before death, offering them an immediate payout, while they assume the premiums and eventually collect the death benefit. It's important to note that the practice of stranger-originated life insurance (STOLI), which involves an investor inducing someone to take out a policy specifically to sell it, is considered unethical and illegal in many jurisdictions. However, IOLI, where the policy was originally taken by the insured for genuine reasons, is legal.

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In the long run, the firm's return on capital will be 9.5%. The reason behind this is the process of the entry of new firms in a perfectly competitive industry, which eventually causes the return on capital to fall.

As more and more firms enter the industry, the supply of goods and services increases and the demand curve for each individual firm becomes more elastic. If a firm is earning a 12% return on capital in a perfectly competitive industry and the market return outside the industry is 9.5%, it means that the firm is earning an above-average return. This will attract new firms to enter the market and take advantage of the higher return. As the number of firms increases, the supply of goods and services will increase, which will lower the market price. This will lead to lower profit margins for each firm in the industry. As profit margins decline, some firms may exit the industry, while others may continue to operate at a lower level of profitability.

In the long run, the entry of new firms into the industry will cause the return on capital to fall to the level of the market return outside the industry. Thus, the firm's return on capital will eventually fall to 9.5% in the long run.

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The effective interest rate charged on this loan is 6% per quarter.

To calculate the effective interest rate, we can use the formula for the present value of an annuity:

PV = PMT × [(1 - (1 + r)^(-n)) / r]

Where PV is the present value (loan amount), PMT is the periodic payment, r is the interest rate per period, and n is the total number of periods.

In this case, the loan amount (PV) is $48,600 and the quarterly payment (PMT) is $1,600. We need to find the interest rate per quarter (r).

Rearranging the formula and solving for r, we get:

r = [1 - (PV / PMT)^(1/n)] - 1

Substituting the values, we have:

r = [1 - (48600 / 1600)^(1/40)] - 1

Calculating the expression inside the brackets and subtracting 1, we find that the effective interest rate charged on this loan is 6% per quarter.

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Answer:

yes

Explanation:

yes because they have a better relationship with their customers and staff meaning they will be more trusting and reliable.

If on january 1, 2016, ruby company purchased a piece of equipment with a list price of $60,000 and the terms of the purchase were 2/10, net 30. ruby paid for the purchase on january 8. freight costs of $1,000 were incurred. The acquisition cost of the equipment is $72,200.

Using this formula to determine or to find the acquisition cost of the equipment

Acquisition Cost = Net purchase cost + Freight inward cost + Repair cost + Cost of pollution control device + Architect's fees

Let plug in the formula

Acquisition Cost of equipment = ( $60,000 ×98%) + $1,000 + $4,000 + $2,500 + $5,900

Acquisition Cost of equipment  = $58,800 + $1,000 + $4,000 + $2,500 + $5,900

Acquisition Cost of equipment = $72,200

Therefore we can conclude that $72,200 is the acquisition cost.

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The complete question is:

on january 1, 2016, ruby company purchased a piece of equipment with a list price of $60,000. the following amounts were related to the equipment purchase: terms of the purchase were 2/10, net 30. ruby paid for the purchase on january 8. freight costs of $1,000 were incurred. a state agency required that a pollution control device be installed on the equipment at a cost of $2,500. during installation, the equipment was damaged and repair costs of $4,000 were incurred. architect's fees of $5,900 were paid to redesign the work space to accommodate the new equipment. ruby purchased liability insurance to cover possible damage to the asset. the three-year policy cost $8,000. ruby financed the purchase with a bank loan. interest of $3,000 was paid on the loan during 2016.

Required: Determine the acquisition cost of the equipment.

Answer:

Option D is correct

Activity rate for the Labor-Related activity cost pool= $28.08 per DLH

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.

Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.  

Activity rate per driver is calculated as:  

Activity overhead for the period / Total cost drivers for the period

Activity rate for the Labor-Related activity cost pool

= Labour related overheads/Total labour hours

=  $ 337,018 /12,000 labour hours

= $28.08 per Direct labour hour

Activity rate for the Labor-Related activity cost pool= $28.08 per DLH

Answer:

lol I did it so I just won’t you get back lol bye bye lol lo but it’s 76

Explanation:

market timing

Explanation:

because that way u wont miss customers

Answer:

the stated interest rate on the note is 12%

Explanation:

The computation of the stated rate of interest on the note is shown below:

= Interest ÷ Principal amount

= $600 ÷ $10,000

= 0.06

Since it is of six months but we have to determine annually

So we should multiplied it by 2

Like this

= 0.06 × 2

= 12%

hence, the stated interest rate on the note is 12%

Before the 1930s, US companies employed anti-union tactics like: *replacing* workers who wished to unionize; *making them sign yellow dog contracts; and *issuing injunctions.

The Roosevelt administration's pro-union posture and laws passed by Congress during the early New Deal both contributed to the enormous gains labor unions made in the 1930s. Collective bargaining was allowed by the National Industrial Recovery Act of 1933.

It is customary to point to technical advancement, business concentration, and globalization as major reasons that have weakened union authority and improved employers' bargaining position in comparison to workers. Throughout the 1930s, there were around 5 million members of unions.

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Answer:

The revenue recognition principle

Explanation:

The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and  not when cash is received for the service rendered

For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.

The

cash price

of a Treasury bond is the actual amount an investor must pay to

purchase the bond.

To calculate the cash price, we need to consider the quoted price, which is given as "102-07".

In the quoted price, the first two digits (102) represent the full points, while the last two digits (07) represent the fractional parts.

To convert the quoted price to the cash price, we need to calculate the fraction of a point.

To calculate the f

raction of a point

, divide the fractional part (07) by 32.

In this case, 07/32 equals 0.21875.

Next, we add the fraction of a point (0.21875) to the full points (102).

The sum of 102 and 0.21875 is 102.21875.

To convert the cash price to a percentage, we divide 102.21875 by 100.

The result is 1.0221875.

Finally, to calculate the cash price, multiply the coupon rate (14%) by the par value of the bond. In this case, the cash price is 14% * $1,000 = $140.

Therefore, the cash price of the

Treasury bond

is $140.
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Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.