Answer:
$236,250
Explanation:
The computation of external financing is shown below:-
For computing the external financing first we need to find out the retained earning which is shown below:-
Net income = Sales × Profit margin
= $2,500,000 × 15%
= $375,000
Increase in retained earning = Net income - Dividends
= $375,000 - ($375,000 × 35%)
= $375,000 - $131,250
= $243,750
External financing = Increase in assets - Increase in retained earning
= $480,000 - $243,750
= $236,250
Answer:
The authors find that sector specialization has an overall positive effect on banks' performance. In contrast, Bebczuk and Galindo (2007) find for Argentina that banks with a diversified credit portfolio have fewer non-performing loans.
Answer:
Gross Income - $2570 ($21.60*119)
Group Health Insurance - $360 ($2570*0.14)
Pension Deduction- $154 ($2570*0.06)
Total Deduction- $514 ($360 + $154)
Net Pay- $2056 ($2570 - $514)
Explanation:
As the question states given the pay rate and hours worked, No Data of pay rate and hours worked is provided. Gross Earnings are $21.60 which doesn’t seem accurate when compared with Group Health Insurance and Pension figures. However let’s assume the pay rate to be $21.60 and hours worked to be 119 hours then we will have the following results:
Gross Income - $2570 ($21.60*119)
Group Health Insurance - $360 ($2570*0.14)
Pension Deduction- $154 ($2570*0.06)
Total Deduction- $514 ($360 + $154)
Net Pay- $2056 ($2570 - $514)
I hope this is the type of answer you must be looking for!
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Answer: (D)
Explanation: Reports and financial statements prepared by accountants are useful tools to evaluate an organisation's liquidity,solvency and stability. It helps the general public and other stakeholders to get the required data and information needed for decision making.
The inflationary trends shows the relationship between demand and supply in an economy which will help management to implement the necessary steps that will enhance it's operations.
The balance of trade between 2 countries provides necessary details for decision makers on when and how to improve or manage exports and imports.
