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We know he is paid $4,200, and we also know he makes 2% on everything over $50,000. He made $60,000 which is $10,000 over the minimum, so he made 2% of $10,000. Multiply 0.02 times 10,000 and you get 200. We then add 200 to his base pay of 4,200 and we get 4,400.
The answer is B- $4,400.
Hope that helps!
Answer:
$18,330
Explanation:
For translation of income statement items such net income, the applicable rate is the average rate.
Since the average rate being is $1.41 / Euro, we have:
Value of income in home currency = 13,000 euro * $1.41 = $18,330.
Answer:
Debt-equity ratio = 0.34 or 34%
Explanation:
Weighted average cost of capital (WACC) = 12.7%
Cost of debt = 4.8%
Cost of equity = 15.4%
Let 'We' and 'Wd' be the fraction of capital corresponding to equities and costs, respectively, and that We + Wd =1.
The weighted average cost of capital is given by
The debt-equity ratio is:
In a split offering, we see that a) shares are issued from the corporation and sold by existing shareholders.
<h3>What is a split offering?</h3>
A split offering is a type of stock issuance that involves the issuing of new stock and existing stock that it is in the market already. This is why it is called a split offering - one side of the offering comes from the corporation, and the other comes from the existing shareholders.
With a split offering, the seller will be existing shareholders and not the company. This means that the corporation that issues the shares, will then cooperate with existing shareholders who will then be the ones to sell the shares.
Find out more on stock offerings at brainly.com/question/13049425.
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