Answer:
A. 10,000
Explanation:
The dividends declared during the company's recent year can be viewed from the perspective of changes in retained earnings since the end of the year retained earnings are a function of the beginning of the year retained earnings, net income and dividends as captured in the formula below:
closing retained earnings=beginning retained earnings+net income-dividends
closing retained earnings=$91,000.
beginning retained earnings=$75,000
net income=$26,000
dividends=the unknown
$91,000=$75,000+$26,000-dividends
dividends=$75,000+$26,000-$91,000
dividends=$10,000
Explanation:
The beginning of the modern era was marked by the fortification and expansion of European monarchies throughout the world. It was from the fifteenth century with the great navigations that occurred the integration between various parts of the globe, having as main historical landmarks the discovery of the Americas and the trade route between Africa and Asia, which generated slavery of many individuals, as well as new and greater trade relations, increasing capital accumulation and the marketed economy worldwide, as well as the discovery and creation of new technologies.
Answer:
The offer should be accepted
Explanation:
It is known that the amount $100,000 will be paid to someone when he turns 26 years. The current age is 21 years.
the 5-years bond is given 3.1 percent of interest rate.
another option for the person is offered $103,021.02 right away which is the present value.
The present value of the $100,000 that is going to be received after 5 years is calculated as follows;
Present value = Amount to be received /(1+interest rate/100)^t
= 100,000/(1+ 3.1/100)⁵
= 100,000/ 1.031⁵
= $85,843.35
Therefore, the present value is $85,843.35 for the amount $100,000 to be receive after five years.
Since the amount $103,012.02 he was offered is greater than the present value of his inheritance after 5-years, the person should accept the offer and forget about the inheritance of $100,000.
There are different types of pricing strategies: penetration pricing (entering the market with a low price), economy pricing (low marketing and low prices), premium pricing (when the price is higher than the competitors), psychological pricing (example $99, instead of $100), demand-based pricing (based on the demand of the customers).
<span>Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00
a.m. than during the day, when there is heavy business travel. this illustrates demand-based pricing.</span>
Answer:
the market value of the property is $628,300
Explanation:
The computation of the market value of the property is shown below;
Gross rent $10,000 × 12= $120,000
Now
= $120,000 × .92 (occupancy rate)
= $110,400
After that
= $110,400 - $47,570
= $62,830
And ,finally the market value of the property is
= $62,830 ÷ 0.10
= $628,300
hence, the market value of the property is $628,300
