Debit: Your money that is actually yours.
Credit: The banks money that they give you kindove like a loan but not exactly.
Bank: Open to everyone but both have you keep
an account of money.
Credit Union: Only open to a certain group of people but both have u keep an account of money.
Answer:
Correct option is (a)
Explanation:
For any venture to be successful, it starts with a vision or idea. In this case, Greg is confident that he will be able to convince US Car manufacturers to purchase his fuel efficient car even though his friends were doubtful if his product will be accepted by car manufacturers.
He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.
It can be inferred that Greg has both vision and confidence
Answer:
The $12,000 dividend declaration is made during its recent year of operation
Explanation:
In this question, we have to apply the formula which is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$80,000 = $65,000 + $27,000 - dividend paid
$80,000 = $92,000 - dividend paid
So, the dividend paid equals to
= $92,000 - $80,000
= $12,000
These items would be displayed in the retained earnings statement
Explanation:
9. credit and borrowing expanding
Answer:
6.35, 6.39 and 6.49
Explanation:
6.3% = 0.063
yield = 0.063 ×$1,000/ 0.992 yield = 0.063 ×$1,000)/ 0.992 ×$1,000)
Current yield = 0.0635, or 6.35 percent PV = $992 = 0.063× $1,000 / 2) ×{(1 - {1 / [1 + (r / 2)]26}) / (r/ 2)} + $1,000 / [1 + (r / 2)]26 r = .0639, or 6.39 percent EAR = [1 + .0639 / 2)]2 - 1 EAR = .0649, or 6.49