Answer:
$723,000
Explanation:
Calculation to determine what was Jennings reported net income in 2020
Using this formula
2020 Net income=(2019 Retained earnings-2020 Retained earnings)+ Total Dividend
Let Plug in the formula
2020 Net income=($2,681,000-$2,308,000)+$350,000
2020 Net income=$373,000+$350,000
2020 Net income=$723,000
Therefore Jennings reported net income in 2020 is $723,000
Answer:
1. Suppose TouchTech, a hand-held computing firm, is selling stocks to raise money for a new lab—a practice known as___project__ finance. Buying a share of TouchTech stock would give Nick____equity interest in____ the firm. In the event that TouchTech runs into financial difficulty, _____bonds_____will be paid first.
2. Correct statements:
a. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Nick's shares to decline.
c. An increase in the perceived profitability of TouchTech will likely cause the value of Nick's shares to rise.
d. Alternatively, Nick could invest by purchasing bonds issued by the government of Japan.
3. Assuming that everything else is equal, a bond issued by a government that is engaged in a civil war most likely pays a ___higher__ interest rate than a bond issued by the government of Japan.
Explanation:
When Nick purchases stock in the private company, he invests in the equity of the company. Project finance can be done through equity financing or debt financing. Equity financing gives Nick an equity interest in the TouchTech and a share in the decision-making of the business, whereas debt financing pays a fixed amount of interest periodically without a share in the decision-making of the company.
Answer:
Sorry I think brainest could do it again sorry
<span>Through specialization, both producers and consumers benefit. On the producer side, specialization allows producers to best use their resources in the most efficient manner possible by playing to their strengths, thus maximizing profit. On the consumer side, the fact that producers are specialized and thus efficient in their production ensures lower production costs than if products were made by less-specialized producers, translating into lower consumer-facing prices.</span>
