When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by <u>selling common stock</u>. Long-term funding can be defined as any financial tool with maturity going beyond one year (such as bank loans, bonds, leasing and other forms of debt finance), and public and private equity instruments.
<h3>What is a retained earnings?</h3>
Retained earnings are the total of profit an establishment has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders.
Therefore, the correct answer is as given above
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Answer:
- <u><em>$19,591.63</em></u>
Explanation:
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<u>1. Calculate the price of the car in a year from now.</u>
This is add the 4% on the current price:
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<u>2. Calculate the amount of money that must be put aside to have $20,800 in a year:</u>
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Use the formula of monthly compound interest, with 6% annual interest
- r = 6% / 12 = 0.06/12 = 0.05
- P = $20,800 / (1 + 0.005)¹² = $19,591.63
<span>Well practiced activities are most likely to improve when performed in front of an audience. On the flip side, if an activity is ill-practiced, the performer is more likely to flub the performance. But practice enhances performance, and so anyone wanting to demonstrate a good show of something should practice it intently beforehand.</span>
Answer:
1.5 miles (or 3/2 miles). Step-by-step explanation: Since there are 60 minutes in an hour, the person will walk 60/10 = 6 times
Explanation:
