Answer:
$25,400
Explanation:
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
The movement in the retained earnings balance may be expressed as
Opening balance + net income - cash dividend paid = closing retained earnings balance
Cash dividend declared - Cash dividend paid = Cash dividend payable
$49,000 - Cash dividend paid = $23,600
Cash dividend paid = $49,000 - $23,600
= $25,400
Answer: Option A
Explanation: Sampling is a method used in data analysis that takes from a larger population a fixed number of observations.
The technique used for sampling from a broader population is dependent on the type of research being performed, but it could involve simple random sampling or systematic sampling.
The given case illustrates simple random sampling as the units chosen were not predetermined and are chosen randomly by the introspect.
Answer:
- <em>One family earned an income of $28,000 in 1990. Over the next five years, their income increased by 15%, while the CPI increased by 12%. After five years, this family's nominal income</em><em><u> increased to $56,318.00 </u></em><em><u> </u></em><em>,and their real income </em><em><u> increased to $31,956.35 </u></em><em>.</em>
Explanation:
The<em> nominal income</em> will grow at a rate of 15%, per year during five years. Then, the growing factor is g = 1 +15% = 1 + 0.15 = 1.15.
That means that $28,000 will muliply five times by 1.15:
- $28,000 × 1.15 × 1.15 × 1.15 × 1.15 × 1.15 = $28,000 × (1.15)⁵
- $28,000 × 2.011 = $56,318.00
The <em>CPI increased by 12%</em> during the same period. Thus, the CPI after 5 years will be multiplied by 1.12⁵≈ 1.762
The real income, referred to 1990 will be $28,000 × (1.15)⁵ / (1.12)⁵ ≈ $28,000 × 1.1413 ≈ $31,956.35
Then, you can complete the text with:
<em>One family earned an income of $28,000 in 1990. Over the next five years, their income increased by 15%, while the CPI increased by 12%. After five years, this family's nominal income</em><em><u> increased to $ 56,318.00 </u></em><em>,and their real income </em><em><u> increased to $31,956.35 </u></em><em>.</em>
As long as the rate at which the income increases is higher than the rate at which the CPI increases, the real income increases.
100% percent State Farm
Who wOuLdN’t
Answer:
option (c) $40
Explanation:
Data provided in the question:
The marginal cost of installing a tire = $20
The marginal productivity of the last worker = 2 tires per hour
Now,
The maximum hourly wage that Diane was willing to pay the last worker hired
= marginal cost of installing a tire × marginal productivity of the last worker
= $20 × 2
= $40
Hence,
The answer is option (c) $40
