What exactly do you need to talk about… but hey i’m here lol
Answer:
C. A fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security
Explanation:
A fixed income security is a type of investment that provides returns in form of regular, or fixed, interest payments and repayments of the principals when the security reaches maturity.
From the explanation above, the best possible answer is C. A fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security
Answer:
Letter b is correct. <u>Encounter.</u>
Explanation:
It is through this stage of socialization that new employees begin to learn about the work tasks they will perform and receive appropriate training.
In this phase, employees' expectations are also related to the whole work environment in general, such as employment, their new teammates and supervisors, in order to confront an expectation generated with the reality of the work.
Therefore socialization is relevant for the new employee to replace their expectations generated by the standards expected by the organization.
Answer:
<u>Closing Entries Dated 31, 2016</u>
Dr. Cr.
Closing Income Accounts
Service revenue $186,100
Interest revenue $90,300
Income Summary $276,400
Closing Expense Accounts
Income Summary $153,400
Supplies Expense $96,900
Advertising expenses $18,200
Salaries and wages $21,000
Income tax expense $17,300
Closing Income Summary Account
Income Summary $123,000
Retained Earning $123,000
Closing Dividend Account
Retained Earning $7,800
Dividend $7,800
Explanation:
All the Income and Expenses accounts are closed to Income summary account. The net balance of income summary account is transferred to retained earning account. The dividend balance is also transferred to retained earning account to close it. Ultimately all the balances are netted off in retained earning account.
Answer:
$190,000
Explanation:
Retained earnings are the profits not distributed to shareholders as dividends. In a given period, retained earnings will be the difference between profits and dividends.
I.e., retained earning = profits - dividends.
Therefore, Ending retained earning can be calculated as
Beginning retained earning + profits - dividends.
In this case
retained earnings = $190,000 + $52,000 - $52,000
=$242,000 - $52,000
=$190,000
