<u>Translation of question : </u><u>In </u>Greek civilization meant high achievement in life, science, industry and the government system. Discuss this statement.
<u>Explanation:</u>
Civilization denotes the human society which lives in a particular culture, living conditions and the life. The society is not formed in a day it takes centuries to form a culture and way of living.
The achievements and developments one can see in elements such as life, science, industry and government system in a country is the civilization.
Each part of a community has different culture within a country. Civilization is a collective term for the way of living in a country. Some of oldest civilizations are Greek civilization, Mesopotamian civilization etc
Answer:
The second option is the cheapest.
Explanation:
Giving the following information:
The first company offers free installation and equipment, but will charge you $401.00 per year forever. The second company charges $783.00 for installation, but will charge you $204.00 per year forever. Assume that payments are at the END of the year. Your personal interest rate is 5.00% per year
To calculate the present value, we need to use the formula for a perpetual annuity:
PV= Cf/i
Cf= cash flow
i= interest rate
Option 1:
PV= 401/0.05= $8,020
Option 2:
PV= 204/0.05 + 783/1.05= $4,825.71
The second option is the cheapest.
Answer: $920,000
Explanation:
Given the following :
Beginning balance = $800,000
Brown's earning = $600,000
Casg Dividend = $200,000
Dexter's portion of brown's outstanding shares = 3000/ 10000 = 0.3
Therefore, Dexter's investment account is as follows :
Beginning balance + (earning × 0.3) - (Dividend × 0.3)
$800,000 + ($600,000 × 0.3) - ($200,000 × 0.3)
$800,000 + $180,000 - $60,000
$980000 - $60000 = 920000
When you receive an invoice, it is important to review your personal information for accuracy, the reason behind this is to ensure that the invoice is going to sent you and it is related to you. To make sure that the information you sent or saved is related to you and is reliable, this is done by reviewing your personal information.
Answer:
External funds needed = $40,000.
Explanation:
An increase in the firm's retained earnings (a component of the shareholder's equity) arises as a result of higher sales volume, thereby making the Asset = Liability + Shareholder's Equity Equation unbalanced.
Therefore, there must be an increment in the firm's assets by an equal amount in order to re balance the equation. If there is an increase in assets by a greater magnitude than retained earnings increment, the gap is filled by external financing (which is a liability and increases the liability component of the equation).
Net income = Sales * profit margin = $500000*10% = $50000
Dividend= Net income * payout ratio = $50000*20%= $10000
Increase in retained earnings = Net income - Dividend = $(50000-10000)
= $40000
Increase in assets = $80000
External funds needed = $(80000-40000) = $40,000.
