Answer:
Explanation:
Income/ (loss) for the year = Equity balance at the end +dividend paid- equity balance at the beginning
=$67,000+22,000-$60,000
=$29,000
Since no additional common stock was issued during the year, $29,000 represents income earned during the year before dividend is paid. After dividend of $22,000 has been paid, the balance of $7,000 profit will be added to retained earnings .
Answer:
$171,941
Explanation:
Cash out = $921,941. 2. Interest earned by the investment = $171,941.
A. Commercial banks lend mi way to consumers in the form of car loans, mortgages and personal loans. The money distributed for these loans comes from deposits of other bank customers.
The answer is "experiment or experimental research".
Experimental research refers to the kind of quantitative research that deliberately controls at least one factors to figure out which factors casually affect different factors. Now many firms and companies are actively using this type of quantitative research on Facebook.
To delve into the underlying meaning of the terms, "stockholder" technically means the holder of stock, which can be construed as inventory, rather than shares. Conversely, "shareholder" means the holder of a share, which can only mean an equity share in a business. Thus, if you want to be picky, "shareholder" may be the more technically accurate term, since it only refers to company ownership.