Answer: $104.369 million
Explanation:
Given that,
Total Liabilities = $81.319 million
Cash = $8.040 million
Total Assets = $190.768 million
Total Common Stock = $5.080 million
Therefore,
Total assets = Total liabilities + Total stockholders' equity
$190.768 million = $81.319 million + Total stockholders' equity
Total stockholders' equity = $190.768 million - $81.319 million
= $ 109.449 million
Total stockholders' equity = Total common stock + Retained earnings
Retained earnings = Total stockholders' equity - Total common stock
= $ 109.449 million - $5.080 million
= $104.369 million
Answer:
4.5 and 9
Explanation:
Basket of goods in US=$72.00
Basket of goods in Mexico=224.00 pesos
Nominal exchange rate= 14.00 pesos per dollar
Real Exchange Rate = (Nominal Exchange Rate x Price of the Foreign Basket) / Price of the Domestic Basket
=(14.00 pesos ×$72.00) / 224.00 pesos
=1,008/224.00
=4.5
Nominal exchange rate increased from 14.00pesos per dollar to 28.00 pesos per dollar
Real Exchange Rate = (Nominal Exchange Rate x Price of the Foreign Basket) / Price of the Domestic Basket
=(28.00×$72.00)/224.00 pesos
=2,016/224
=9
Consider a basket of consumer goods. The basket of goods costs $72.00 in the United States. The same basket of goods costs 224.00 pesos in Mexico. The nominal exchange rate is 14.00 pesos per dollar. The real exchange rate between U.S. and Mexican baskets of goods is 4.5 baskets of Mexican goods per basket of U.S. goods. Now suppose the nominal exchange rate increases from 14.00 pesos per dollar to 28.00 pesos per dollar. If the prices of the basket remain unchanged in both the United States and Mexico, the real exchange rate between the U.S. and Mexican baskets of goods will 9 to baskets of Mexican goods per basket of U.S. goods.
The answer is A and dats a fact
Answer:
a. Liability of the owners of the firm is limited to their investment in the firm.
Explanation:
A corporation is defined as a form of business owned by shareholders and controlled by elected group of board of directors. A corporation is a legal entity which means that it can sue and be sued. It can also enter into a contractual relationship.
In a corporation, the liability of the
shareholders or owners of the firm is limited to their investment in the firm because of the doctrine of separate legal entity. In case of liquidation, owners would only loose their investment in the firm rather than loosing their investment and personal properties.
The structure of the tax their income is subject to is regressive based on the tax information on the question above. First, you have to find the tax percentage for each of the people which are 10% for Jake and 7.5% for Jill. The tax percentage decreases in relation to the increase in income and this is the character of a regressive tax.
