The correct answer is a/true because I go to the bank
B and C, are bad feautures. A makes more sense, than D, so A should be your answer.
Dividends that were paid last year = $200
Retained earnings = $522
Net Income = Retained earnings + Dividends paid = 200+522 =722
Tax rate was 38%.
Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52
Interest expense= 624
Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52
Earnings before interest and tax (EBIT) = 1,788.52
You could put that you are still in high school and working towards your high school diploma.
The quantity theory is a framework to understand price changes in relation to the supply of money in an economy.
It assumes an increase in money supply creates inflation and vice versa.
