Answer:
The total amount of assets is 15,750.
Explanation:
Reproducing the trial balance below for clarity:
Account Title Debit Credit
Cash 12,500
Accounts Receivable 3,250
Accounts Payable 2,800
Common Stock 6,600
Retained Earnings 4,500
Service Revenue 7,450
Operating Expenses 5,100
Dividends 500
Total 21,350 21,350
Calculation of Total Assets:
Total assets = Cash + Accounts Receivable
= 12,500 + 3,250
= 15,750
Note that among the given accounts, accounts cash and accounts receivable are assets; accounts payable is a liability; common stock and retained earnings are part of the capital; service revenue is a form of revenue; while operating expenses and dividends are expenses.
Answer:
25.94%
Explanation:
Assume, Face value of bond =$1000
Purchase price of twenty year zero coupon bond = 1000/((1+i)^N)
. Where, yield = 5% =0.05
, N= number of years to maturity =20
==> Purchase Price = 1000/(1.05^20)
Purchase Price = 1000/2.65329770514
Purchase Price = $376.89
Selling Price after one year: 1000/(1+I)^19. Where i=yield=4%=0.04, N=19
Selling Price=1000/(1.04^19)
Selling Price = 1000/2.10684917599
Selling Price = $474.64
Rate of Return = (474.64/376.89) - 1
Rate of Return = 1.25935949481281 - 1
Rate of Return = 0.2594
Rate of Return = 25.94%
The motives of those involved in unethical behavior that caused the financial crisis in the real estate, banking, and mortgage industries included Option A greed and the wish to inflate their own earnings.
<h3>What is
unethical behavior?</h3>
unethical behavior bare behavior that is contrary to the rules and principle of the organization.
In most cases it is usually as a result of greed and the wish to inflate their own earnings.
Learn more about unethical behavior at:
brainly.com/question/24518056
#SPJ1
Answer:
Take out a small business loan.
Explanation:
A small loan is a way, based on your credit, to establish a way to raise money.
Answer:
I will take $36,230.5 to pay for the education of child.
Explanation:
Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.
We will use following formula to calculate the annual payments
P = r ( PV ) / [ 1 - ( 1+ r )^-n ]
where
PV = amount of investment = $120,000
r = rate of return = 8%
n = number of period = 4 years
P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]
P = 36,230.5