The gross debt is the total amount of debt the gov. has issued . the difference is that the net debt does not include debt owned by the gov. to itself
Answer:
The correct option is (d)
Explanation:
Ethics is considered above law as law requires just compliance of laws, rules and regulations. Ethics on the other hand establishes a standard of moral conduct. Being mere legal does not mean that something is ethical. Ethical responsibilities are not codified as it is expected from businesses to follow the same.
Here, Marshall, though complied with legal frameworks, he failed to fulfill his ethical obligations by using low-grade products that could harm the general public in future.
Answer:
Price of per share to be paid by Winterbourne to Monkton shareholders =$ 33 M
Explanation:
Before merger the netwoth = No.of shares * Price
= 13M * $ 28
= $ 364 M
Price of per share to be paid by Winterbourne to Monkton shareholders = [ Net worth of Monkton before Merger + Merger Gain ] / No.of Shares
= [ $ 364 M + $ 65 M ] / 13 M
= $ 33 M /
Answer:
$14,800
Explanation:
We will get the Net Income by preparing Trial-account of Retained earnings.
Retained earnings
Cash dividend $7,500 Beginning balance $50,000
Stock dividend $5,000 Net Income $14,800 (Balance figure)
Ending balance <u>$52,300</u> <u> </u>
Total <u>$64,800</u> <u>$64,800</u>
The Cash Collection from the Credit sales in the Month of December is $130,300.
Credit (from the Latin verb credit score, which means "one believes") is the agree with which permits one party to offer money or resources to any other celebration in which the second birthday celebration does not reimburse the primary birthday party at once (thereby producing a debt), however, guarantees both to repay or go back those resources (or different substances of identical price) at a later date. In different words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a massive organization of unrelated humans.
The assets provided may be financial (e.g., granting a loan), or they'll encompass items or offerings (e.g., client credit score). credit score encompasses any shape of the deferred fee. a credit score is extended by means of a creditor, also called a lender, to a debtor, additionally called a borrower.
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