Answer:
$8,000
Explanation:
Base on the scenario been described in the question, we are to use simple interest to calculate the given problem
We are given
Time = 2years
rate = 8%
Principal = $50,000
Simple interest formula is given below
I = PRT/100
Substituting the values into the question, we have
I = $50,000×8×2/100
I = $800,000/100
I = $8,000
Answer:
A. private-purpose trust, investment trust, pension trust and agency funds.
Explanation:
Because fiduciary funds means the funds used to account for assets held by a district board of education in a trustee capacity or agency capacity for others.
BEST CHOICE!!!!!
100% CORRECT.
Product Y: would increase the company's overall net operating income by $2,000 if processed further and then sold.
Option 4 is correct
<u>Solution:</u>
Particulars Amount
Incremental income ( $68,000-$50,000) $18,000
Less: Incremental cost $16,000
______________________________________________
Incremental Income $2,000
<span>An account that would be increased by a debit is A. cash.
Cash account is the only account among these up there which would be increased by a debit. Credit is the type of money which you take from your account; on the other hand, debit is the money that you pay into your account, so obviously you will have more money in your cash account if you pay money into it.
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Answer:
the ex-dividend price is $108.66
Explanation:
The computation of the ex-dividend price is shown below:
The Aftertax dividend is
= Dividend × (1 - tax rate)
= $6.20 (1 - 0.30)
= $4.34
Now the exdividend price is
= Selling price of a share - after tax dividend
= $113 - $4.34
= $108.66
hence, the ex-dividend price is $108.66
We simply applied the above formula so that the correct value could come
And, the same is to be considered
