B. False, the employer is looking to hire the people with the most eye catching and outstanding application, if you have an application in that doesn't have all the information on it or forgetting to capitalize your name could make them pass right over your application and go back to it if they have any open spots.
The owner’s return on equity is 0.111
$40,000 ÷ $360,000 = 0.111 = 11%
In finance, equity is the possession of property that could have money owed or other liabilities attached to them. equity is measured for accounting functions by using subtracting liabilities from the fee of the property.
Equity is described as “the state, first-rate or ideal of being simple, impartial and truthful.” The idea of fairness is synonymous with fairness and justice. it's far helpful to consider fairness as now not genuinely a preferred situation or a lofty value.
Equity may be calculated through subtracting liabilities from property and may be carried out to an unmarried asset, along with actual property, or to a business. as an instance, if someone owns a house worth $400,000 and owes $three hundred,000 on the loan, the difference of $a hundred,000 is fairness.
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To solve this problem, we first make a chart that shows the spending pattern of $90 million over 23 years.
$90 million at 11% = [math]\frac{90 \times 1.11^{23}}{100}=903.478[/math]. The future worth at the end of the 23-year is approximately $903,478.
Since the problem does not provide a standard amount of time that people usually use to measure interest rates, we can infer that this rate should be 10% per year.
Using 10% per year instead of 11%:
$90 million at 10% = [math]\frac{90 \times 1.10^{23}}{100}=897.507[/math]. The future worth at the end of the 23-year is approximately $897,507.
Since the total amount that was spent on development over a period of 23 years is $90 million and the answer in our problem has to be in millions, we have to adjust the amount.
$90 million x 100 = $9 billion. The future worth at the end of the 23-year is approximately 9 billion dollars.
Answer:
Receipt of voting stock by all shareholders of the original corporations.
Explanation:
A consolidation is when two or more companies come together to form a new legal entity.
For example, Company A + Company B = Company C
Company A and Company B ceases to exist.
For consolidation to take place, the following has to occur :
1. Approval by the board of directors of each corporation.
2. Provision for an appraisal buyout of dissenting shareholders.
3. An affirmative vote by the holders of a majority of each corporation’s voting shares.
Dissenting shareholders do not receive voting stocks.
I hope my answer helps you.
Answer:
Asset Account is decreased.
Liability Account is also decreased.
No effects on Capital Stock.
No effects on Retained Earnings.
Explanation:
Asset Account is decreased by $5000 because Cash is paid for the purchases made on account last month.
Liability Account is decreased by $5000 because accounts payable for the purchases made In the last month is now paid.
This transaction will have no effects on Capital Stock Account and Retained Earnings Account.
