Answer:
$139,000
Explanation:
The computation of the retained earnings balance at December 31, 2019 is shown below:
= Beginning retained earning balance + depreciation charged yearly + net income - cash dividend paid
= $60,000 + $12,000 + $100,000 - $33,000
= $139,000
The depreciation in yearly is
= $1,000 × 12 months
= $12,000
Basically we applied the above formula to determine the ending balance
Answer: The answer is No, because the MB > MC
Explanation:
They are not cleaning up enough because the MB>MC. Therefore, all other options which cut across - Yes, because the MC > MB,
No, because the MB > MC,
Yes, because the MB > MC and
No, because the MC > MB are wrong.
Answer:
1) $9615.38
2)$9245.56
3) b is the correct option.
Explanation:
See the attached pictures for detailed answer.
Answer:
E.pay the holder the LIBOR interest above 6%.
Explanation:
On the off chance that the firm is selling the asset(floor) at 6%, it implies that the benefit is in contract and thus when selling the floor the holder of the floor should make installment to the mortgagee at LIBOR+6%, after which the deal will be concluded.
Therefore, the answer will be pay the holder LIBOR interest above 6%
Initial price = $0.88 (Jan. 1980)
Final price = $2.11 (Jan. 2015)
Change in price = $2.11 - $0.88 = $1.23
Percentage rise in price = 100(1.23/0.88) = 139.8% ≈ 140%
The average yearly rise in price = 139.8/(2015-1980) ≈ 4%
Answer:
Total percent rise in price = 140%
Average yearly rise in price = 4%
