Answer:
$0.20 or 20 cents for every dollar invested as assets
Explanation:
To determine how many dollars (or cents) of net income did Walk Co. generate for every dollar of assets invested we have to;
divide Walk Co.'s net income by its total assets = $40,000 / $200,000 = $0.20 or 20 cents. This is called the
The financial system consists of financial intermediaries, such as commercial banks, and financial markets, such as the stock market. This is further explained below.
<h3>What are financial
intermediaries?</h3>
Generally, financial intermediaries are simply defined as Banks, building societies, and unit-trust companies are all examples of financial intermediaries.
In conclusion, Institutions like commercial banks and marketplaces for trading financial instruments like stocks and bonds make up the financial system.
Read more about financial intermediaries
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Answer: B. the additional enjoyment of one more speaking engagement (the marginal benefit) is rising.
Answer:
True
Explanation:
Retained earnings are the net earnings of an entity accumulated over time after payment of dividend. It is that part of earnings that is retain for expansion by the entity.
Generally, retained earnings are not changed by direct posting except it is prior year adjustment. in some entities, the amount that is transferred to retained earnings is system generated. Most transactions that affect retained earnings are debited or credited to account which ultimately affects retained earnings
Answer:
A.$2,619
B.$6,800
C.$839
D.$495
Explanation:
Calculation to Determine the amount to be paid in full settlement of each of the invoices,
a) (2,800-200)*99%+45
=2,600*99%+45
=2,574+45
= $2,619
b) (7,600-800)
= $6,800
c)$1,400 – $600 – $16 + $55
=$784+$55
= $839
d)$500 –$5 = $495