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kumpel [21]
4 years ago
10

In each succeeding payment on an installment note

Business
1 answer:
Mila [183]4 years ago
7 0

The amount of principal paid increases

Answer: Option C.

<u>Explanation:</u>

Installment loan advances incorporate any advance that is reimbursed with routinely booked installments or portions.

Every installment on a portion obligation incorporates reimbursement of a segment of the chief sum acquired and furthermore the installment of enthusiasm on the obligation.

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The statement of retained earnings or the statement of stockholders' equity reconciles the net income, dividends paid, and the c
sdas [7]

Answer:

1.

Option B is the correct answer.

2.

Dividends Paid = $55 million. Thus, option C is the correct answer.

Explanation:

1.

The statement about shareholders' equity given in option A that it is the difference between the paid-in capital and retained earnings is incorrect as the retained earnings are a part of the equity of shareholders and are included in the calculation of shareholders' equity. Thus, option B is the correct answer.

2.

The Net Income earned by a company is usually treated in two ways. It is either paid out as dividends to the shareholders or is retained in the business and transferred to the retained earnings account or both. Thus, we can calculate the amount of dividends paid by the following equation.

Closing balance of retained earnings = Opening balance of retained earnings  +  Net Income for the period  -  Dividends Paid

700  =  595  +  160  -  Dividends Paid

700 + Dividends Paid =  755

Dividends Paid = 755 - 700

Dividends Paid = $55 million

4 0
3 years ago
If an organization wants to assess whether an applicant can actually perform a particular job, which selection technique would B
bogdanovich [222]

Answer:

The correct answer is "work simulation"

Explanation:

Work simulations are particular employment tests that demand candidates to execute tasks that they would do on the job.

4 0
3 years ago
Gord Larose and his friend David Allan worked in Ottawa at Nortel Networks, a giant telecommunications-equipment maker. One Frid
butalik [34]

Answer:

intrapreneurs

Explanation:

An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company.

An intrapreneur works inside a company to develop an innovative idea or project that will enhance the company's future.

The intrapreneur is generally given autonomy to work on a project that may have a considerable impact on the company. Over time, an intrapreneur may turn into an entrepreneur.

5 0
3 years ago
Assume you earned $50000 in 2015, when the consumer price index (CPI) was 236. The CPI in 2016 is 246. How much of a raise in 20
Vinil7 [7]

Answer:

$2,118.64 and 4.24%

Explanation:

The computation is shown below:

Data given in the question

Earning in 2015 = $50,000

CPI in 2015 = 236

CPI in 2016 = 246

So, the earning in 2016 is

= Earning in 2015 × CPI 2016 ÷ CPI 2015

= $50,000 × 246 ÷ 236

= $52,118.64

So, the raise amount is

= $52,118.64 - $50,000

= $2,118.64

And, the percentage is

= $2,118.64 ÷ $50,000 × 100

= 4.24%

6 0
3 years ago
The function in a reverse logistics process that takes used goods from customers and distributes them to the production process
koban [17]

The function in a reverse logistics process that takes used goods from customers and distributes them to the production process or to distributors and retailers is the returns processor.

<h3>What is reverse logistics?</h3>

In order to recapture value and put a stop to the product's lifespan, reverse logistics is the set of operations that are carried out following a sale. Usually, this entails sending a product back to the maker or distributor, or sending it somewhere else for repair, recycling, or servicing.

Reverse logistics, on the other hand, refers to any process that is carried out after a product has been sold. When a product is determined to be flawed, for instance, it is returned to the manufacturer for inspection, testing, repair, disassembly, recycling, or appropriate disposal.

To learn more about reverse logistics visit:

brainly.com/question/25380728

#SPJ4

7 0
2 years ago
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