Answer:
C. The business could not use the money it spends on the new
branch for something else.
The annual exempt amount applies to the earnings of each non-grace taxable year prior to the year of full retirement age, as defined
Netflix and social media played an important role in popularizing Marie Kondo.
Yes, Netflix and social media played an important role in popularizing Marie Kondo because the program of Marie Kondo is viewed by million of people across the world through the Netflix and social media and people are loving it which increase the popularity of Marie Kondo.
In my opinion the popularity of the show "Tidying up with Marie Kondo' is based on Marie Kondo only because the people know the method through this program and in my knowledge there is no one that achieve the same result so we can conclude that Netflix and social media played an important role in popularizing Marie Kondo.
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Answer:
November 1, 2016
Dr Cash 120,000
Cr Notes Payable 120,000
December 31, 2016
Dr Interest Expense 2,000
Cr Interest Payable 2,000
February 1, 2017
Dr Notes Payable 120,000
Dr Interest Payable 2,000
Dr Interest Expense 1,000
Cr Cash 123,000
Explanation:
Dunlin Development Company Journal entries
November 1, 2016
Dr Cash 120,000
Cr Notes Payable 120,000
December 31, 2016
Dr Interest Expense 2,000
($120,000 ×10% ×2/12)
Cr Interest Payable 2,000
February 1, 2017
Dr Notes Payable 120,000
Dr Interest Payable 2,000
Dr Interest Expense 1,000
(120,000×10%×1/12)
Cr Cash 123,000
Answer:
$11.67
Explanation:
Here, we are asked to calculate the present worth of some amount of shares today given the discount rate and some other information.
To calculate this, we have to proceed mathematically
The present amount = (Amount paid per share dividend) * (1 + annual increment)/(discount rate - annual increment)
From the question, we identify these values as;
Amount paid per share dividend = $1
Annual increment = 5% or 0.05
Discount rate = 14% or 0.14
Plugging these values we have;
Po=$1*(1+0.05)/(0.14-0.05)
Po=$11.67
