Answer:
"Fell" "Harder"
Explanation:
When housing prices fell as they did beginning in 2006 following the housing market bubble, most banks and other lenders tightened the requirement for borrowers, making it harder for potential home buyers to obtain mortgages.
Answer:
$60,000 income tax benefit
Explanation:
Since Crimson Corp. had a loss from operations and sold the asset for a loss we know that they lost money with the asset and an income tax benefit was generated. To calculate the income tax benefit we need to add both losses: $40,000 (operation) + $160,000 (sale) = $200,000 in total losses.
$200,000 x 30% = $60,000 income tax benefit
Answer:
Change in US external wealth between periods T and T +1 in dollars = -$100
Explanation:
Since nothing else changes, this implies that the exchange rate per yen is $0.01 in periods T and T +1. Therefore, we have:
Value shares of Sonic in period T in dollar = Number of shares of Sonic bought in period T * Price per share of Sonic in Yen in period T * Exchange rate per yen in periods T = 100 * 700 * $0.01 = $700
Value shares of Sonic in period T+1 in dollar = Number of shares of Sonic in period T+1 * Price per share of Sonic in Yen in period T+1 * Exchange rate per yen in period T+1 = 100 * 600 * $0.01 = $600
Change in US external wealth between periods T and T +1 in dollars = Value shares of Sonic in period T+1 in dollar - Value shares of Sonic in period T in dollar = $600 - $700 = -$100
Answer:
Explanation:
B, Reexamine his budget; he had a $500 deficit this month. plato.
Answer:
a. $8.33
$1.95
b.$136,500
Explanation:
The computation of earnings per share and the common dividends per share is shown below:-
a. Earning per share = Earnings Available to Common Stockholders ÷ Number of Shares of Common Stock Outstanding
= $178,300 ÷ 21,400
= $8.33
Dividends per Share = $41,800 ÷ 21,400
= $1.95
b. Increase in retained earnings = Operating Profit (EBIT) - Interest expense - Taxes - Preferred dividends - Common dividends
= $307,000 - $32,000 - $65,100 + $31,600 + $41,800
= $136,500
We simply applied the above formulas
