Answer:
Explanation: Financial Statement
the financial statement is an annual statement stating the financial position of an organisation
Under the financial statement we have:
1. Income Statement: Expenses, Net Income
2. Balanced Sheet: Cash Asset, Non cash Asset, Retained Earnings
3. Statement of stockholders equity: Contributed Capital, cash inflow for stock issued, cash outflow for dividends
4. Statement of cash flow: cash flow for capital expenditures
Answer:
e. the total of currency in circulation, plus depository institution reserves and vault cash
Explanation:
Monetary base is a concept in money supply that measures highly liquid assets in an economy.
It includes all cash that is in circulation in the economy and those deposits that are held as reserves by the central bank from commercial banks. Cash in bank vaults are also included because they are readily available to the economy.
For example if there is $200 million in circulation and there is $13 billion in the central bank as reserves from commercial banks, the total monetary base is $13.2 billion
Answer:
B) $ 70,000.
Explanation:
Debt service expense
Debt service expense is the interest expense incurred to avail the debt services from another entity.
Debt service expense can be calculated using the following formula
Debt service expense = Face value of Bonds x Interest rate x Semiannual fraction
Where
Face value of bonds = $3,500,000
Interest rate = 4%
Semiannual fraction = 6 / 12 = 1/ 2
placing values in the formula
Debt service expense = $3,500,000 x 4% x 1/2
Debt service expense = $70,000
Answer:
Amount for each stock to be paid at maximum = $54
Explanation:
Using Dividend growth model, we have,
Where 
= Expected price of share today
= Dividend to be paid at this year end
= 
= Required return on investment
g = Growth rate
Therefore,
= = $3 + 8% = $3.24
= $54
Therefore, current price for this share or sock to be paid = $54 per share.
Answer:
She pays the inheritance tax , while the estate is responsible for the estate tax.
Explanation:
Inheritance tax is a form of tax that every beneficiary of an inherited estate must pay. Regardless of the situation and location of the inherited property , inheritance tax is calculated individually for different beneficiary.
The estate in which a particular property is located is responsible for the estate tax. This is calculated based on the value of the property and paid by the estate management for all properties within the estate before rents are remitted to the landlords.
