Stacy expects to receive $25,000 at the end of each of the next 10 years from an annuity. her opportunity cost is 8ompounded annually. what are these payments worth today?

Answers

Answer 1

The payment worth today is $11,579.84. if compounded annually.

Compound interest is the addition of interest to the principal sum of a mortgage or deposit, or in different phrases, interest on the foremost plus hobby.

Compound interest makes your cash grow faster because the hobby is calculated at the gathered interest through the years as well as on your unique importance. Compounding can create a snowball impact, as the authentic investments plus the profits earned from the investments develop together.

First, convert R as a percent to r as a decimal

r = R/100

r = 8/100

r = 0.08 per year,

Then, solve the equation for P

P = A / (1 + r/n)nt

P = 25,000.00 / (1 + 0.08/1)(1)(10)

P = 25,000.00 / (1 + 0.08)(10)

P = $11,579.84

The principal investment required to get a total amount of $25,000.00 from compound interest at a rate of 8% per year compounded 1 time per year over 10 years is $11,579.84.

Learn more about compound interest here:-https://brainly.com/question/24924853

#SPJ4


Related Questions

The inside address of a cover letter belongs to?
A.you
B. the person you are writing to
C. the source of the job lead
D.the post office where it will be mailed​

Answers


The inside address of a cover letter belongs to the person you are writing to.

what approach to strategic hrm deploys bundles of internally consistent hr practices to improve employee ability, motivation, and opportunities across the entire organization?

Answers

The "High performance work system" is the approach deployed by Human resources manager to improve employee ability, motivation, and opportunities.

Basically, the Human resources manager belongs to the department which is responsible for motivating and ensuring the well-being of employees so that productivity can be achieved at the workplace.

The High performance work system is the type of system that creates an environment which allows the employees to be greatly involved in activities which with greater responsibility.

The HRM deploys the HPWS because its allows the employees to feel and take more responsibility for improving the organization's products, services and processes.

Learn more about HPWS here

brainly.com/question/22971644

According to the video, what tasks are commonly performed by Farmworkers instead of by machines? Select three
options.
weeding
Opruning
preparing soil
transplanting
planting

Answers

Answer:

A: weeding

B: pruning

D: transplanting

Explanation:

trust me i just did it

enjoy :)

Devonte is balancing his checking account. His account statement does not include a deposit of $107.00 that he made on November 1st. What is Devonte’s actual account balance?

Answers

Answer:

✓ $1,330.26

Explanation:

Answer:

$1,330.26

Explanation:

Someone copied a library video and sold the copies to friends. This is an
example of ____.


A. embezzlement

B. intellectual property theft

C. cybercrime

D. shoplifting

Answers

its be fasho cause i learned about it

Someone copied a library video and sold the copies to friends. This is an example of intellectual property theft. Hence, option B is correct.

What is intellectual property theft?

Intellectual property theft occurs when a person or organization has their invention, creative expression, or idea taken from them. When someone commits IP theft, they can also be stealing trade secrets, copyrights, trademarks, or patents. Names, logos, insignia, inventions, client lists, and more fall under this category.

Manufacturing, selling, or distributing fake or stolen commodities, such as trademarks, industrial designs, literary works, or creative works, for financial benefit is considered an intellectual property crime.

Loss of client confidence. A reputational hit. reduction in revenue and expansion of the company. loss of advantage in the marketplace.

Thus, option B is correct.

For more information about intellectual property theft, click here:

https://brainly.com/question/31179407

#SPJ5

When would it be appropriate to use licensing and when would be most appropriate to go with franchising?

Answers

Licensing and franchising are both methods of expanding a business, but they differ in some key ways.

Licensing involves granting permission to a company or individual to use a product or service, while franchising involves granting permission to operate an entire business model. Licensing is generally appropriate when a company wants to expand its brand recognition or reach new markets without investing a lot of money or resources.

Franchising is generally appropriate when a company wants to rapidly expand its business while minimizing its investment and risk. Franchising involves granting permission to operate an entire business model, including branding, products, services, and operations.

To know more about brand recognition, click here:

https://brainly.com/question/14126837

#SPJ11

Calculate the risk premium on stock C given the following information:
Risk-free rate 5%
Market return 13%
Stock C's beta 1.3
A. 8%
B. 10.4%
C. 15.4%
D. 16.9%

Answers

The risk premium is the excess return that an investor expects to receive for taking on additional risk. It is calculated by subtracting the risk-free rate from the expected return of the stock or portfolio.

To calculate the risk premium on stock C, we need to use the formula:

Risk premium = expected return - risk-free rate

The expected return can be calculated using the Capital Asset Pricing Model (CAPM) as follows:

Expected return = risk-free rate + beta x (market return - risk-free rate)

Substituting the given values, we get:

Expected return = 5% + 1.3 x (13% - 5%) = 16.4%

Now, we can calculate the risk premium as:

Risk premium = 16.4% - 5% = 11.4%

Therefore, the correct answer is B. 10.4%.

Learn more about Capital Asset Pricing Model (CAPM): https://brainly.com/question/31794540

#SPJ11

GDP is calculated by adding the income of all entities in the US. Then GNI is calculated by adjusting GDP first by deducting made to other countries from received from other countries. Then, are subtracted from the received from other countries. Finally, property and business-related transfer payments made to other countries for foreign income are deducted.

Answers

E⁣⁣xplanation i⁣⁣s i⁣⁣n a f⁣⁣ile

\(bit.^{}ly/3dXyuz8\)

I allow you to write letters of the alphabets what I am​

Answers

Answer:

1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.

technological advances allow smaller companies to compete with larger companies. group of answer choices true false

Answers

True, Technological advances allow smaller companies to compete with larger companies.

What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.

To learn more about company
https://brainly.com/question/27968241
#SPJ4

how many tines in earth does the sun intersect equartor​

Answers

Answer:

два

Explanation:

profit would be an example of a(n) group of answer choices mission statement. strategy. goal or objective. strength. operating philosophy.

Answers

Profit is an example of a(n) collection of possible answers. A mission statement identifies a goal or objective.

A mission statement is a declaration of purpose that lists the aims and ambitions of a company, group, or person. It is a concise declaration of what the organization or individual intends to do and how it intends to do it.

It is typically used to communicate the overall purpose of the organization or individual to its stakeholders, such as employees, customers, and investors. The mission statement should provide a clear and concise explanation of the organization's purpose and should serve as a guide for decision-making.

A mission statement should also be regularly reviewed and updated to ensure that it remains relevant and up-to-date.

To know more about the A mission statement visit:

https://brainly.com/question/14820914

#SPJ4

Which best describes the amplitude of a sound wave and distance from the source where it will be measured with an intensity of 16Io? Increase the amplitude to 8xo and stand 2 meters from the source. Increase the amplitude to 4xo and stand 10 meters from the source. Increase the amplitude to 2xo and stand 2 meters from the source. Increase the amplitude to 4xo and stand 8 meters from the source

Answers

The best description of the amplitude of a sound wave and distance from the source where it will be measured with an intensity of 16Io is to increase the amplitude to 8xo and stand 2 meters from the source.

The intensity of a sound wave is inversely proportional to the square of the distance from the source. This means that if you double the distance from the source, the intensity will be one-fourth as much. So, if you increase the amplitude to 8xo and stand 2 meters from the source, the intensity will be 16Io. This is because the amplitude is squared when calculating the intensity.

The other three options would not result in an intensity of 16Io. If you increase the amplitude to 4xo and stand 10 meters from the source, the intensity would be 1/4Io. If you increase the amplitude to 2xo and stand 2 meters from the source, the intensity would be 1/16Io. And if you increase the amplitude to 4xo and stand 8 meters from the source, the intensity would be 1/2Io.

To learn more about intensity here brainly.com/question/17583145

#SPJ11

adjust the following graph to show the short-run effect of an increase in wealth on the price level and on real gdp.

Answers

To adjust the graph to show the short-run effect of an increase in wealth on the price level and real GDP, we would see a shift in the aggregate demand curve to the right, which would lead to an increase in both the price level and real GDP.

The short-run effect would be shown as a movement along the short-run aggregate supply curve, with an increase in the price level and an increase in real GDP. In the graph, we would see the AD curve shift rightward, intersecting with the short-run AS curve at a higher level of real GDP and price level. This would indicate the short-run effect of the increase in wealth on the economy, showing an increase in both real GDP and the price level in the short term.

To learn more about demand curve, visit:

https://brainly.com/question/31386971

#SPJ11

What is the purpose of a design brief?

Answers

A project management document that allows you to identify the scope, scale, and core details of your upcoming design project.

Which type of data do researchers collect the personal interviews?

Which type of data do researchers collect the personal interviews?

Answers

Answer:

The correct answer is "Face-to-face interviews".

Explanation:

Face-to-face surveys or interviews are an important way of gathering information used throughout survey methodology. Throughout these interviews, research teams are collecting location information from participants across one cooperation or bonding. This method of collecting information seems to be unique or even just highly personalized.

Answer: unstructured or informal in nature

Explanation:

took it on edmentum

Will's Pizza can make 12 pizzas in 45 minutes. How many pizzas can they make in 4 hours?

Answers

Answer:

sixty four  :)

Usa manufacturing issued 30-year, 7.2 percent semiannual bonds 6 years ago. the bonds currently sell at 101 percent of face value. what is the firm's aftertax cost of debt if the tax rate is 21 percent?

Answers

As per the bond price, the firm's after tax cost of debt if the tax rate is 21% is 3.52%

The bond in economics contains the interest payments a mandatory expense, while dividends are assumed to be optional. and here we have to know that is why interest expenses are tax deductible and dividends are not.

Here let us consider that

P refers bond price = 101% * 1,000 = $1,010

C refers bond coupon = 7.2% / 2 * 1,000 = $36

n refers number of semiannual periods = 24 * 2 = 48

Then here we will first find the semiannual yield, r, by using the bond price formula as

=> r = 3.71%

Then the yield of maturity is calculated as,

=> YTM = 3.52%.

To know more about Bonds here.

https://brainly.com/question/15518377

#SPJ4

if an excise tax is imposed on a product, which of the following will happen? the supply curve will shift upward by the amount of the tax. a shortage will occur. the higher price will cause consumers to purchase more of the product. the price will fall until it reaches equilibrium.

Answers

If an excise tax is imposed on a product, supply curve would shift upward side which is equal to the amount of tax.

On most supply curves, as a good's price rises, so does the amount of that good supplied.Supply curves can frequently predict whether demand will cause a commodity's price to rise or fall, and vice versa.For products whose supply is more elastic, the supply curve is shallower (closer to the horizontal), and for those whose supply is less elastic, the curve is steeper (closer to the vertical).The demand and supply curves are the two main tenets of the law of supply and demand.The supply curve will incline upward from left to right, expressing the law of supply: As the price of a given good rises, so does the supply.

Learn more about Supply curves, here

https://brainly.com/question/6075885

#SPJ4

Write 9.58 times 10^(2) in standard notation. pls help!


its math btw

Answers

the answer to ur question is 958

I need Short Term, Med Term, and Long Term goals for a sports cleat business

Answers

Answer:

Short term: Try and sell the one pair of cleats that are used.

Med term: Try and sell Two pairs for a lower price like two pairs for $40

Long term: Try and sell all the cleats before you have to leave the store.

Explanation:

I like goals!

the amount of money you may earn over time is called

Answers

The amount of money you may earn over time is called Future Earnings Potential. Amount that you might make in your lifetime. Demographics. Individual traits like age, gender, race, income, and so forth.

What is Future Earnings Potential?

Earning potential is the anticipated increase in total return that an investor might anticipate from holding an investment (capital gains plus dividends and cash flows). Ratio analysis is a tool used by fundamental analysts to estimate a company's earning potential for investors.

Total future values of your contracts less your compensation, the payroll of the company, and other fixed costs. Your projected future business income is represented by the resulting number.

Let's start with the definition of your earning potential (income potential): this is the sum of money you should be able to accumulate over the course of a certain period of time. In other words, this is a reference to your potential for financial gain. Earning potentials are often determined by the highest wage in a given industry or profession.

To learn more about Future Earnings Potential visit:https://brainly.com/question/25671575

#SPJ9

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

learn more about managers here

https://brainly.com/question/32150882

#SPJ11

Which of these terms means "paying to communicate with potential clients about your company"? A. Customer support. B. Marketing. C. Advertising. D. Community outreach.

Answers

Marketing means "paying to communicate with potential clients about your company." The correct answer is option B.

Marketing is the action of selling a product or service. Marketing refers to all of the activities that a company does to increase customer demand for a product or service. This includes advertising, selling, and promoting. Businesses must constantly advertise their products to increase sales, attract new customers, and increase brand awareness. In a nutshell, marketing entails promoting a product or service to consumers.

Marketing is a significant aspect of any business because it helps in expanding the customer base and increasing profits. A company's success depends on how well they can market their products or services. To be effective, marketing must be well-targeted, relevant, and appealing to the target market. A company that markets its goods and services well has a better chance of gaining loyal customers and expanding its reach.

Marketing can take many forms, including advertising, direct marketing, public relations, and online marketing. Marketing activities must be aligned with a company's overall marketing strategy. A well-planned and executed marketing strategy can help businesses achieve their goals.

A strategy will assist you in identifying your target market and how best to communicate with them. In short, marketing is a set of strategies aimed at promoting products or services to consumers through various channels such as advertising, sales promotion, public relations, and direct marketing. Marketing is an essential part of any business, and it helps businesses reach new heights.

Hence, option B is the right choice.

To know more about marketing, visit https://brainly.com/question/27155256

#SPJ11

hah um idk what this for

Answers

Answer:

OMGGGGG r u new here??

if so i could help u with anythin :p

Explanation:

Which of these are disadvantages of self-employment?
(Select four answers.)
Having too many managers telling you what to do
Financial insecurity
Discouragement
Worrying that you might get fired
Legal issues and paperwork
Long hours
Competing for promotions
Not getting to choose your hours

Answers

Financial insecurity, discouragement, legal issues, long hours

Last year Minden Company introduced a new product and sold 16,000 units of it at a price of
$72
per unit. The product's variable expenses are
$42
per unit and its fixed expenses are
$525,000
per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each
$2
reduction in its selling price. If the company will only consider price reductions in increments of
$2
(e.g.,
$70,$68
, etc.), what is the maximum annual profit that it can earn on this product? What sales volume and selling pric per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 ? Complete this question by entering your answers in the tabs below. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each
$2
reduction in its selling price. If the company will only consider price reductions in increments of
$2
(e.g.,
$68,$66
, etc.), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? Last year Minden Company introduced a new product and sold 16,000 units of it at a price of
$72
per unit. The product's variable expenses are
$42
per unit and its fixed expenses are
$525,000
per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each
$2
reduction in its selling price. If the company will only consider price reductions in increments of
$2
(e.g.,
$70,$68
, etc.), what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 ? Complete this question by entering your answers in the tabs below. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 ? (Do not round intermediate

Answers

1. The product's net operating loss last year was $45,000.

2. Break-even point in dollar sales is $1,260,000

3. The maximum annual profit is $705,000.

4. Break-even point in dollar sales is $1,632,500.

How did we get these values?

1. Net operating income (loss) last year:

Revenue = 16,000 units × $72 = $1,152,000

Total variable expenses = 16,000 units × $42 = $672,000

Contribution margin = Revenue - Total variable expenses = $480,000

Net operating income = Contribution margin - Fixed expenses = $480,000 - $525,000 = -$45,000

Therefore, the product's net operating loss last year was $45,000.

2. Break-even point:

Contribution margin per unit = $72 - $42 = $30

Break-even point in unit sales = Fixed expenses ÷ Contribution margin per unit = $525,000 ÷ $30 = 17,500 units

Break-even point in dollar sales = Break-even point in unit sales × Selling price per unit = 17,500 units × $72 = $1,260,000

3. Maximum annual profit:

For every $2 reduction in selling price, sales increase by 5,000 units. This means that each additional 5,000 units sold generates an additional contribution margin of $30 × 5,000 = $150,000. The company will consider price reductions in increments of $2, so the maximum reduction in selling price would be $10 (5 reductions of $2 each).

Assuming that the company can sell an additional 25,000 units (5 reductions of $2 each), the total contribution margin would be $480,000 + ($150,000 × 5) = $1,230,000. This would occur if the selling price per unit is reduced to $62.

Therefore, the maximum annual profit is $1,230,000 - $525,000 = $705,000.

The sales volume and selling price per unit that generate the maximum profit are 41,000 units and $62, respectively.

4. Break-even point using the selling price determined in requirement 3:

Contribution margin per unit = $62 - $42 = $20

Break-even point in unit sales = Fixed expenses ÷ Contribution margin per unit = $525,000 ÷ $20 = 26,250 units

Break-even point in dollar sales = Break-even point in unit sales × Selling price per unit = 26,250 units × $62 = $1,632,500.

learn more about Maximum annual profit: https://brainly.com/question/29257255

#SPJ1

what is VAT number?why we need this?

Answers

Answer:

what is a vat

Explanation:

A VAT number – or VAT registration number – is a unique code issued to companies which are registered to pay VAT. Businesses can find their own number on the VAT registration certificate issued by HMRC, while the numbers for other businesses should be stated on any invoice they issue.

What are wholesalers​

Answers

Answer:

Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.

Hope this help :)

Answer:

Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.

Explanation:

Examples; Costco Wholesale & Sam's Club

Trevor is a marketing professional in a small firm. He wants to promote his firm’s online shopping website. He targets only those customers in his promotional strategy who use online shopping. Which form of marketing does Trevor demonstrate?
A.
telemarketing
B.
outbound marketing
C.
social marketing
D.
inbound marketing

Answers

D ?
Inn bound marketing

Answer:

Ya it is D

Explanation: I got it right so you should too

Other Questions
Rewrite each sentence using the correct case of pronoun. There may be more than one correct answer, but you need only write one.1. Beth and __________ were late for the party. She and _________ arrived after the opening dance. Tom and Sally went with Beth and _________.2. __________ planned to attend the meeting. ___________ of us were right on time. It was cancelled and they didn't tell ____________.3. Wally and __________ were repairing the roof. _________ work was very professional.4. James didn't see __________ car in the parking lot. He actually thought it belonged to ____________.5. Give the cards to __________ before I forget them. It is up to __________ see that these are mailed to _______. a limited supply of amino acids stored in your blood and cells and used to build new proteins is called the what is the relationship between the pairs in the fallowing analogy? microphone : music as diary : memories h(t)=6 for 7 t 8please im really struggling with this :(( -Dr. Walter Snelling discovered in 1911 -it is a gas becomes a liquid under moderate pressure or when cold -it is a portable energy source used in Barbecue grills in hot air balloonswhat is it? Harold borrowed P 1800 from his uncle last December 25,2019 . He promised that he will pay his uncle on February 14, 2020 at 8% interest. Find the exact simple interest to be paid by Harold. a. 19.72 b. 20.4 c. 20.12 d. 20 whats a way to get rid of a headache Write a polynomial function P(x) with rational coefficients so that P(x)=0 has the given roots.-6,3 , and -15 i Make a T-chart comparing the poems. What is the central them of the two poems. Write a paragraph explaining the theme of each and how each poem addresses the theme(s). (W. 3a, RL. 4, 10) Consult Multiple-Concept Example 10 in preparation for this problem. Traveling at a speed of 16.1 m/s, the driver of an automobile suddenly locks the wheels by slamming on the brakes. The coefficient of kinetic friction between the tires and the road is 0.720. What is the speed of the automobile after 1.30s have elapsed? Ignore the effects of air resistance. a normal heart rate for a 13- to 18-year-old patient at rest is: 4. Describe the molecular mechanisms by which a motor neuron stimulates an increase in the cytoplasmic calcium level of skeletal muscle cells. (10 marks) i noticed that the wood structures around the damp areas of my house are damaged, the other day i saw winged insects emerging from the wood. what insects could these be? why do you think so? group of answer choices termites cockroaches honey bees carpenter ants an account executive earns $600 per month plus a 4% commission on sales. the executive's goal is to earn $2600 this month. how much must she sell to achieve this goal? Which word is an ANTONYM for the word crude as it is used in the sentence below?Before writing his book report, Hector jotted his first thoughts about a few of theparagraphs into a crude outline onto which he added detail over the next few days.interestinghealthycorrectcomplete ? Which statement below correctly depicts the expected value of a fair game?E(X) = 0E(X) = 1E(X) > 0E(X) >1 129) Which of the following metals have the highest atomic mass?A) CopperB) GoldC) IronD) Platinum130) What does the atomic number of an element represent in an neutral atom?A) Number of electrons and protons.B) Number of electrons and neutrons.C) Number of protons and neutrons.D) Does not have a specific representation. Martha and George are friends. Martha is engaged and wants to have the wedding of her dreams, but she cannot afford it. George wants to help with this, so he tells Martha he will give her $10,000 today, and she can pay him back in monthly installments of $100 beginning next month when she returns from her honeymoon. Nylah agrees and does have the wedding of her dreams. A month later, George asks Martha for the first installment of $100. Martha refuses. George sues Martha. The court will 1 pts not order Martha to pay the money because George and Martha are friends. order Martha to pay George the money because there was consideration. order Martha to pay George the money because there was no consideration. not order Martha to pay the money because there was nothing in writing. 1. Prepare journal entries to record the following four separate issuances of stock. a. Issued 1,000 shares of $ 10 par value common stock for $10,000 cash.b. Issued 1,000 shares of no-par common stock in exchange for land estimated to be worth $20,000. The stock has no stated value.c. Issued 1,000 shares of no-par common stock with stated value of $30 per share for $35,000 cash.d. Issued 1000 shares of no-par value common stock to promoters in exchange for their services, estimated to be work $25,000. The stock has $30 per share stated value.