Answer:
The preparation is presented below:
Explanation:
The preparation of the retained earnings statement for the year ended July 31, 2018 is presented below:
Cali Communications'
Retained Earning statement
For the year ended July 31, 2018
Beginning balance of retained earning $0
Add: Net income $5,150
Less: Cash Dividend paid -$0
Ending balance of retained earning $5,150
Answer: 15.35%
Explanation:
The total nominal return over the two years if inflation is 2.4% in the first year and 4.4% in the second year will be calculated thus:
= (1+Interest rate)² -1
= (1 + 7.4%) - 1
= (1 + 0.074)² - 1
= 1.074² - 1
= 1.153476 - 1
= 0.153476
= 15.35% over the two years
<span>Some of the actions taken by the Monsanto Corporation to control the seed industry are: Purchasing of competing seed companies. Application of patents on Monsanto seeds. Forcing farmers to purchase new seed yearly instead of re-sowing existing seed. And lobbying for legislation in seed handling that favors Monsanto's processes.</span>
Answer:
Explanation:
4 worries about Bold and Best (BB) are:
- Demand for BB may fall in the next few years, as customers are now less interested in purchasing BB or there is another substitute product for BB which is available in the market.
- Input costs/Production cost for BB may rise in the next few years, may be because of shortage of raw materials.
- The decline in BB sales may affect Baldwin's profitability as a whole because BB's revenue is currently the largest portion of the total revenue.
- Real purchasing power of customers fall because of a rise in expected inflation in the economy, which will lead to a fall in sales of BB.
