Answer:
a. $58,400
Explanation:
A discounted note, will make the person receive a lesser amount than the amount due at maturity. This way the person who grants the note is receiving interest for borrowing.
<em><u>Calculations</u></em>
principal x discount rate x time = discount
<em><u>Where</u></em> rate and time should be expressed in the same metric IE if the rate is annual express time in portion of years if it is monthly, in months.
60,000 x 0.08 x 120/360 = 1,600
Now, we subtract this amount form the nominal:
nominal - discount = net
60,000 - 1,600 = <u>58,400</u>
Answer:
Statement of stockholders' equity
at the end of the year (December 31)
<u>Common Stock</u> <u>Retained Earning</u> <u>Total</u>
Opening Balance $12,000 $7,100 $19,100
Income for the year $7400 $7400
Dividend Paid ($2,100) ($2,100)
Common stock issuance <u> $6,900 </u> <u> </u> <u> $6900 </u>
End of the year Balance $18,900 $12,400 $31300
<span>Because you will be investing in it for the rest of your life. The yields should match the amount you are able to contribute. By doing this, you will be able the needs that needed to be made on current year while not throwing away the money for the future since the fruit of your retirement plan will be ripped when you're no longer in a productive age,
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Answer:
in this order
Explanation:
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good luck <3
Answer:
a) dominant tenement.
Explanation:
A dominant tenement is the owner of the land that gains the benefit in easements appurtenant.
A servient tenement is the owner of the land that provides the easements .
I hope my answer helps you.
