Birthrate is the number of births while deaerate is the number of deaths
Answer:
a.
$52,200
b.
$51,156
Explanation:
Note are issued n the face value or the discounted value. When price of the note is the same as face value then it is known as issued on par/face value.
When price of the note is the lower as face value then it is known as issued on discounted value.
a.
Proceeds from the note issued is the price of the note at which it is issued. As the note is issued on the face value of $52,200, so the proceeds is the same value.
b.
Discount value = $52,200 x 12% x 60/360 = $1,044
Proceeds = Face value of the note - Discount on the note = $52,200 - $1,044 = $51,156
Answer:
Increased education adds to the stock of human capital, not unlike building factories adds to the stock of physical capital.
Explanation:
Economic growth can be defined as a persistent increase in the real Gdp of a country overtime.
An increase in the quantity of labour doesn't always lead to economic growth.
An increase in the productivity of labor leads to economic growth.
Third world countries aren't usually rich in human capital. One of the measures of human capital is education. Education is usually deficient in third world countries.
Factors that lead to economic growth are :
1. Improvement in technology
2. Investment in physical capital.
3. Increased availability of natural resocurces.
4. Investment in human capital
I hope my answer helps you
Answer:
=$33,000
Explanation:
Retained earnings will be the total income minus the dividend paid. For Payson inc. The retained earning as at 31st Dec 2104 will be
net income - divided paid out
=$30,000-$17,000
=$13,000
Total retained earnings as of 31st Dec will be
$13,000 + $20,000
=$33,000
Answer:
The firm's receivable turnover is 20 times
Explanation:
The computation is shown below:
Accounts receivable turnover ratio = (Credit sales ÷ average accounts) receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($0 + $50,000) ÷ 2
= $25,000
And, the net credit sale is $500,000
Now put these values to the above formula
So, the answer would be equal to
= ($500,000 ÷ $25,000)
= 20 times
And, the average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio
= 360 days ÷ 20
= 18 days
