Answer:
$25,200
Explanation:
Given that,
Retained earnings balance on January 1, 2018, = $58,000
Dividends during 2018 = $18,350
Retained earnings balance at December 31, 2018 = $64,850
Therefore,
Net income:
= Retained earnings balance at December 31, 2018 + Dividends during 2018 - Retained earnings balance on January 1, 2018
= $64,850 + $18,350 - $58,000
= $25,200
Answer:
2.11%
Explanation:
From the information given; we use the Excel spreadsheet to compute the difference between this bond's YTM(Yield to maturity) and its YTC(Yield to call).
From the diagram; we will see that the
YTM(Yield to maturity) = 8.91%
YTC(Yield to call).= 6.81%
Therefore the difference between this bond's YTM and its YTC = (8.91 - 6.81)%
the difference between this bond's YTM and its YTC = 2.11%
Contact lists contain more information about a person than an address book.
~apex
Answer:
<u>Reference Pricing</u>
Explanation:
Reference pricing strategy refers to a pricing mechanism whereby the products are priced slightly lower than competitor's products.
When such a pricing strategy is followed, the store owners provide heavy discounts to the buyers to encourage sales.
In the given case, the store deals in discounted furniture. Bella displayed manufacturer's suggested retail price so as to let buyers know of the savings they shall make upon purchase.
Such pricing of goods at a heavy discount thereby showing savings, indicates reference pricing strategy being followed.
Answer:
I think Sean should negotiate for 2,500 dollars and save the 500 dollars for college or for something else he might want or need to buy.
