Answer:
A. $405 million
B. $332 million
Explanation:
A. Calculation for How much was Carter's net income for 2016
Using this formula
2016 Net income=Sales revenue - Cost of goods sold - Other expenses
Let plug in the formula
2016 Net income= $900 million - $270 million - $225 million
2016 Net income = $405 million
Therefore How much was Carter's net income for 2016 is $405 million
B. Calculation for How much was Carter's cash balance at the end of 2016
Using this formula
2016 Ending cash balance =Beginning balance + Cash receipts - Payments
Let plug in the formula
2016 Ending cash balance=$ 110 millon + $872 million- $375million - $275million
2016 Ending cash balance= $332million
How much was Carter's cash balance at the end of 2016 is $332million
Answer:
I can't really describe in a specific way but it's for internet
Answer: c. $94,240
Explanation:
On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.
Note payable value = Present value of seven $20,000 payments
= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.
= 20,000 * 4.712
= $94,240
Poverty is defined as a lack of fundamental requirements like food, housing, and income.
- The inability to meet basic requirements such as bread, clothing, and shelter is defined as poverty. Poverty, on the other hand, is far more than a scarcity of resources. As defined by the World Bank Organization, poverty is "hunger."
- Poverty is described as a lack of material possessions or a poor income. Poverty has numerous social, economical, and political origins and repercussions.
- Poverty is linked to negative situations such as bad housing, unemployment, inadequate food and nutritional insecurity, inadequate child care, a lack of access to medical care, hazardous areas, and underresourced schools, all of which harm our country's children.
- Poverty has been associated with poor health, a lack of knowledge or skills, an unwillingness or desire to work, and impoverishment.
Thus this is the meaning of Poverty.
To learn more about Poverty, refer: brainly.com/question/2625149
#SPJ4
