Answer: $322 241
Explanation: Retained earnings is the capital that is left over after total dividends has been deducted and paid out. It is calculated as follows:
Retained earnings = retained earnings at the beginning of the year + net profits made during the current year - dividends paid out.
∴ Retained earnings = $318, 423 (opening Retained earnings)+ $11,318 (net profits / income) - $7,500 (dividends)
=$322,241
The $25,000 new stock issued generated income to the business, but this does not fall in the retained earnings line item. Rather it falls under the Ordinary Share Capital line item, which includes all the company's issued share capital.
Answer:
the nominal interest rate is 7%
Explanation:
The calculation of the nominal interest rate is given below:
As we know that
Nominal interest rate is
= Real interest rate + Inflation rate
So,
The nominal interest rate should be
= 5% + 2%
= 7%
Hence, the nominal interest rate is 7%
The same is to be considered and relevant
True because in Shanghai the equilibrium of the bees is much harder than the volume of the wasp in Kosovo
Answer:
The rank will be
1.Project C
2.Project A
3.Project B
Explanation:
The profitability index formula is
(NPV + Initial investment) ÷ Initial Investment
We have to get this index for each project
Project A ($80,000+90,000)÷ $80,000=2. 125
Project B ($120,000+ 110,000)÷ $120,00 =1.916
Project C ($160,000+ 200,000)÷$160,000 =2.25
The higher profitability index is from Project C, then Project A and finally Project B
