The 14 states are as follow: Tennessee, Texas, Georgia, South Carolina, North Carolina, Alabama, Mississippi, Florida, Kentucky, Virginia, Maryland, Arkansas, Louisiana and Missouri.
These 14 states have areas with slave population of more than 30% in 1860.
Answer:24.24%
Explanation:
Effective Annual Rate = (1 + (nominal interest rate / number of compounding periods)) ^ (number of compounding periods) – 1
EAR = [1 + (.219 / 12)]12 - 1 = .2424, or 24.24 %
Answer:
The correct answer is A. Management must operate in two new environments, foreign and international.
Explanation:
It is more difficult to assess the unknown environment. When the company belongs to a country, it is easier for her to study market behavior because it has information at her fingertips. On the other hand, international markets require more adaptation time to assess the internal impact of making investments.
Answer:
$53,300
Explanation:
Given that,
Common Stock account = $44,400
Beginning retained earnings = $32,600
Net income = $35,500
Dividend declared and paid = $14,800
Retained earnings at the end of the year:
= Beginning retained earnings + Net income - Dividend declared and paid
= $32,600 + $35,500 - $14,800
= $53,300
Therefore, the retained earnings at the end of the year is $53,300.
Answer:
Option "D" is the correct answer to the following statement.
Explanation:
The cash coverage ratio helps find the available cash in hand or cash at the bank to pay for the expenditure of a loan. The ratio must be considerably higher to 1: 1, it shows our potential to pay interest. In this situation Option "D" has the highest Cash coverage ratio.
The debt-equity ratio is used to find the firm's credibility.