Answer: ($13,000)
Explanation:
Closing balance of Equity = Opening Balance + Retained earnings
Retained earnings = Net Income - dividends
Formula above shows that equity changes as a result of Retained earnings which is the net of Net Income and Dividends.
Change in equity will be = Net Income - Dividends
= (100,000 - 89,500) - 24,000
= -$13,500
<em>Equity reduces by $13,500</em>
Rising inflation means that the money will have lower value, and this is good news for the borrowers, if they borrow one full salary's worth in 2010, they woould be able to re-pay with with only a fraction of the salary in 2015!
Answer:
$85.07
Explanation:
The computation of the current share price is shown below:
Year Dividend Terminal value Total cash flow PVIF at 9% Present value
1 $3.00 $3.00 0.9174 $2.75
2 $4.00 $4.00 0.8417 $3.37
3 $5.00 $5.00 0.7722 $3.86
4 $6.00 $6.00 0.7084 $4.25
5 $7.00 $102.00 $109.00 0.6499 $70.84
$85.07
The terminal value is
= 7 × 102% ÷ (9%-2%)
Answer:
a. Sensation-Feeling
Explanation:
Trainers need to genuinely care about their clients. Ana adds that she learns a lot about people and earns their trust, then helps them set practical goals that will help them methodically improve their fitness. Which problem-solving style is the best fit?
Anna made use of sensation-feeling style because she understood the needs of her clients and this can only be achieved by putting herself in the client shoes in order to experience their feeling and then coming up with a practical solution with solve any arising issue.
