Which accounting principle states that all transactions have two aspects: debit and credit?
1 answer:
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Answer:
Book Value Per Share = 22.55
Explanation:
given data
equity = $118,139,000
net income next year = $3,000,000
to find out
what would their Book Value be next year
solution
we know that Book Value Per Share formula that is express as
Book Value Per Share = (Share Holder Equity+ Net Income) ÷ No of Shares ..................1
we consider here book value is $22
So no of share will be =
No of shares =
No of shares = 5369954.545
so from equation 1 put here value
Book Value Per Share =
Book Value Per Share = 22.55
The property tax rate for the assessed property of $41,302 is <em><u>0.069</u></em>.
The property tax is the value holding the property paid to the statement in the form of their charges or in the form of their state revenue.
Computation:
Given,
State property tax =$2849.84
The assessed value of property =$41,302
The tax rate is computed by dividing the tax amount by the actual value of the property.
The tax rate upon which the property tax is paid is <em><u>0.069</u></em>, that is option d. is correct.
To know more about property tax, refer to the link:
Answer:
N = 10
N = 10PMT = 0
N = 10PMT = 0PV = 84.49
N = 10PMT = 0PV = 84.49FV = 100
N = 10PMT = 0PV = 84.49FV = 100R = Rate(10,0,84.49,-100,0) = 0.017 = 1.7%
N = 10PMT = 0PV = 84.49FV = 100R = Rate(10,0,84.49,-100,0) = 0.017 = 1.7%b. Yield = 0.02 per quarter = 0.08 per year
N = 10PMT = 0PV = 84.49FV = 100R = Rate(10,0,84.49,-100,0) = 0.017 = 1.7%b. Yield = 0.02 per quarter = 0.08 per yearcontinuous rate = ln(1+0.08) = ln(1.08)...