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Ann [662]
3 years ago
6

What is paid first before the balance on a credit card?

Business
1 answer:
AysviL [449]3 years ago
7 0
Interest has to be paid...
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On January 1, 20X8, L Corporation acquired all of the common stock of S Company for $300,000. On that date, S Company's identifi
dimaraw [331]

Answer:

b. 50,000

Explanation:

According to the given situation, the computation of impairment loss is shown below:-

The Amount of impairment loss to be recognized at December 31, 20X8 is

= Net assets - Fair value of reporting unit

= $310,000 - $260,000

= $50,000

Therefore we applied the above formula to determine the amount of impairment loss to be recognized at December 31, 20X8.

3 0
3 years ago
The dividend irrelevance theory, proposed by Miller and Modigliani, says that provided a firm pays at least some dividends, how
lesantik [10]

Answer:

b) false

Explanation:

In the case of theory that developed by MM in this the investor have no need for concering with respect to the dividend policy of the company as in this the sell option is there with regard to the equity portfolio when they need the cash

So according to the given situation, the given statement is false

hence the option b is correct

7 0
2 years ago
Why are citizens punished with sin taxes​
horrorfan [7]

Answer:

Sin taxes are typically added to liquor, cigarettes, and goods that are considered morally hazardous. Because they generate enormous revenue, state governments favor sin taxes. ... The sin tax seeks to reduce or eliminate consumption of harmful products by making them more expensive to obtain

Explanation:

5 0
2 years ago
Pfizer Inc., a pharmaceutical company, reported net income for fiscal 2016 of $7,215 million, retained earnings at the start of
Kisachek [45]

Answer:

$71,774 million

Explanation:

Given that,

Beginning retained earnings = $71,993 million

Net income = $7,215 million

Dividends = $7,448 million

Other transactions = $14 million

Balance of retained earnings at the end of the year:

= Beginning retained earnings + Net income - Dividends + Other transactions

= $71,993 million + $7,215 million - $7,448 million + $14 million

= $71,774 million

Therefore, the balance of retained earnings at the end of the year is $71,774 million.

7 0
3 years ago
After trying out different brands of toothbrushes, Martin has decided that he prefers Oral B the most. Whenever he is out grocer
fenix001 [56]

Answer:

To Martin Oral b toothbrushes are shopping offerings.

Explanation:

First of all offerings are nothing but the goods and services which are designed by firms in such a way that they deliver values to the consumers.

Shopping offerings are that type of offerings for which a consumer ( like Martin in this case ) would make an effort to do comparison between certain products of two different brands , to see which one is right for him ( like in this case oral b is for Martin ) and that too at the right price.

5 0
3 years ago
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