<span>The internal growth rate is retained earning( $0.17n) divided by Total Assets($.067n). Note that their will be a 20% cut from the equation $.17n so make sure to take out 20% from that value before dividing by Total Assets. The final equations are
.017n x .017n(.2) = Earnings to Stakeholders or E
.017n - E = Retained Earnings or R
R/.067n = Internal Growth Rate</span>
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Answer and Explanation:
Answer and explanation attached
<span>B. A loan which is repaid with interest in monthly payments
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Answer:
$30,800
Explanation:
Dr Work in progress 30,800
Cr Wages payable 30,800
Direct labour hours × Per direct labour hour
Job 456
580×15 = 8700
Job 777
850×26= 22100
22,100 + 8,700 = 30,800
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