Answer:
b. $358,500
Explanation:
Given;
Retained Earnings at December 31, 2018 = $300,000
In 2019,
Revenue = $600,000
Expenses = $525,000
Declared and paid dividends = $16,500
Retained earnings on the balance sheet as of December 31, 2019
= $300,000 + $600,000 - $525,000 - $16,500
= $358,500
The right option is b. $358,500
Answer:
You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.
Explanation:
The Zeeons will respond to the lower U.S interest rates by decreasing their investment in the USA as the rate of return is low. Thus, this will decrease the supply of zees in the foreign exchange market.
Answer:
the rate of return on Karen investment is 10%
Explanation:
Given that
Bought price = P = $78500
Sale price = S =$850,000
Time priod = n = 25 years (1980 to 2005)
Based on the above information
The Rate of return is
= (S ÷ P)^(1 ÷ n) - 1
= ($850,000 ÷ $78,500)^(1 ÷ 25) - 1
= 0.099973
= 10.00%
hence, the rate of return on Karen investment is 10%
We simply applied the above formula
Answer:
$100
Explanation:
The computation of the clean price is shown below:
As we know that
Clean Price = Dirty Price − Accrued Interest
where,
Dirty price is
= Ask price + Accrued interest
The ask price is $100
And, the accrued interest is
= $100 × 9% × 112 days ÷ 360 days
= $2.74
Now the dirty price is
= $100 + $2.74
= $102.74
Therefore the clean price of the bond is
= $102.74 - $2.74
= $100
Or we can say that the ask price equivalent to the clean price of the bond as both are the quoted prices