Answer:
c. a claim against a portion of the total assets of an enterprise.
Explanation:
The statement of stockholder's equity comprises common stock, preferred stock, and retained earnings.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issued shares
In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced. So, its claims against the portion of the total assets
The correct option is A. The effect of tax cut is reduction in the amount of money that the government is generating and increase in the amount of money available to those whose taxes are reduced. Government usually cut taxes in order to boost the economy through increased spending.
Answer:
The sentence is unethical if there is a clear responsability on the mistakes. If the mistakes were made, and no one can be truly held accountable for that, then, the sentence is not unethical.
Explanation:
For example, if the government is corrupt, and officials actively commit embezzlement, the phrase "mistakes were made" is unethical because it is diverting the personal responsability of the corrupt officials.
But if for example, there is a volcano eruption, and the goverment tries its best to avoid casualties, but because of some involuntary mistakes some people still die, the phrase is not unethical because the mistakes were not voluntary and the consequences of those were not intended.
Based on the information given the amount of interest that John pay in all is his $7,200,000.
<h3>Interest:</h3>
Using this formula
Interest=Amount borrowed×Number of years×Interest rate
Where:
Amount borrowed=$6,000,000
Number of years=15 years
Interest rate=8%
Let plug in the formula
Interest=$6,000,000×15×8%
Interest=$7,200,000
Inconclusion the amount of interest that John pay in all is his $7,200,000.
Learn more about interest here:brainly.com/question/16134508
