The market is voluntary operated by the model mf supply and demand
The correct option is C.
Student loans that originated from the federal government are called federal students loans. This type of loan usually allows the borrower to pay lower interest and it has more flexible repayment options compare to loans from other sources. The interest rate of the loan is usually fixed over time.<span />
Answer:
$3,650
Explanation:
Given that,
Assets = $107,000;
Liabilities = $37,000;
Common Stock = $67,000;
Retained Earnings = $3,000
Amount of net income:
= Revenue - Expenses
= $5,700 - $3,350
= $2,350
Closing retained earnings:
= Retained earnings at the start + Current year net income - Dividends paid
= $3,000 + $2,350 - $1,700
= $3,650
Therefore, the Golden's retained earnings at the end of the year is $3,650.
Answer: The same amount of dollars
When it comes to the financial level, a replicating portfolio as the name implies, is a repetition of specific flows of a given asset, so it must be constituted with the same resources. In this case, the same amount of cash would be needed to create the replica.
Answers;
In scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, the auditor should evaluate to check if the client is meeting interest payments when they are due. The auditor may use information about the client's industry. This is done to evaluate whether significant changes is made in the company from prior periods, including changes in its internal control over financial reporting, affect the risks of material misstatement.
