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topjm [15]
4 years ago
11

Low literacy rates are found in?

Business
1 answer:
Triss [41]4 years ago
7 0

Answer: In Africa and the Middle East, in the world the country with the lowest literacy rates is Niger.

Explanation:

The literacy rate is the percentage of people in a region or country who can read or write. To obtain this data in a more precise way, the age, gender, the ethnic and cultural origin of the people are taken into consideration.

In the world, the countries with the lowest literacy rate are in Africa and the Middle East, and the people most likely to be uneducated in the world are women.

The countries with the lowest literacy rate are Niger, South Sudan, Guinea, and Burkina Faso. In Asia, the two countries with the lowest literacy rate are Afghanistan and Iraq.

<em>I hope this information can help you.</em>

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Sanders Corporation issued $ 470,000 of 9​%, ​10-year bonds payable at a price of 91. The market interest rate at the date of is
enyata [817]

Answer:

D. Date Accounts and Explanation Debit Credit Interest Expense 21,385 Discount on Bonds Payable 235 Cash 21,150

Explanation:

The journal entry is shown below:

Interest expense $21,385

     To Discount on bond payable $235

     To Cash $21,150

(Being the interest expense is recorded)

The computation is given below:

The interest expense is

=  $470,000 ÷ 100 × 91 × 10% ÷ 12 months × 6 months  

= $21,385

The cash is

= $470,000 × 9% ÷ 12 months × 6 months  

= $21,150

And, the remaining balance is credited to discount on note payable

We simply debited the interest expense as it increased the expenses and credited the cash as it reduced the assets plus the remaining amount is credited to discount on bond payable

3 0
4 years ago
Nueva Company reported the following pretax data for its first year of operations. Net sales 7,400 Cost of goods available for s
Ludmilka [50]

Answer:

Net Income $574

Explanation:

Calculation of Nueva's net income if it elects FIFO will be :

Net sales$7,400

Less Cost of goods sold ($4,806)

($5,610 − $804)

Gross profit 2,594

Operating expenses (1,638)

Income before taxes 956

(2,594-1,638)

Income tax 382.4

(40%×956)

Net income $574

(956-382.4)

Therefore the Nueva's net income if it elects FIFO would be $574

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Answer:

true

Explanation:

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3 years ago
Blease Inc. has a capital budget of $625,000, and it wants to maintain a target capital structure of 60% debt and 40% equity. Th
Mashcka [7]

Answer:

Forecasted Dividend Pay-out Ratio = 47.37%

Explanation:

Capital Budget = $625,000

Net Income = $475,000

Equity Ratio = 40%

Dividend to be paid = Net Income – Equity Ratio*Capital budget

Dividend to be paid =475000 – 40%*675000 = $225,000

therefore, we have that the fortecast dividend pay-out ratio will  be given by:

Forecasted Dividend Pay-out Ratio = Dividend to be paid/Net Income

Forecasted Dividend Pay-out Ratio = 225000/475000

Forecasted Dividend Pay-out Ratio = 47.368% or 47.37%

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