Answer: The correct answer is d) NOMINAL
Explanation: Nominal interest rate is the interest rate before inflation is taken into account. Nominal interest rate can also be used to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.
It is the contractual interest rate charged by a lender or promised by the borrower.
Answer:
Option C 362 Number of shares
Explanation:
The number of shares can be calculated by using the following formula:
Number of shares = Total Dividends paid / Dividend per share
As we know that:
The total dividends = $1567.46
And the dividend per share = $4.33
By putting the values in the above equation we have:
Number of shares = $1567.46 / $4.33 = 362 Number of shares
Answer:
I’m not sure what you mean but sleeping on a case is bad because when revealing the problem might be handle to late
Explanation:
Answer:
The Journal entries are as follows:
(i) On March 15,
Dividend [0.075×220,000,000] A/c Dr. $16,500,000
To dividend payable $16,500,000
(To record the declaration of cash dividends)
(ii) On March 30,
No Journal entry required
(iii) On April 13,
Dividend payable A/c Dr. $16,500,000
To cash $16,500,000
(To record the payment of cash dividends for its 220 million shares)
Answer:
The answer is: It will increase.
Explanation:
According to the law of supply and demand, when the price of an specific good or service decreases, the quantity demanded for that good or service will increase.
For example, if the price for a movie ticket is $10, 100 people will go to the movies. If the movie theater starts a promotion and lowers the price for movie tickets to $6, many more customers will be willing to go the movies. Either because they believe watching a movie in the theater is worth 6$ or more, or because they will now be able to afford going to the theater.
