Answer:
The value of the initial deposit = $1269
Explanation:
Given - Account balance of 1723.57 the interest rate of the account is 3.4% compounded daily.
To find - If the account was opened 9 years ago, what was the value of the initial deposit
Proof -
We know that,
If the interest rate is compounded n times per year at an annual rate r, the present value of a A dollars payable t years from now is:
Here,
A = 1723.57
r = 3.4% = 0.034
n = 365 (because it is compounded daily )
t = 9
So,
we get
= 1723.57(1.000093151)⁻³²⁸⁵
= 1723.57(0.736396351)
= 1269.23066 ≈ $1269
∴ we get
The value of the initial deposit = $1269
Answer:
$5 per share
Explanation:
The formula and computation of the earning per share are shown below:
= (Net income - preference dividend) ÷ (Outstanding Number of shares)
= ($550,000 - $50,000) ÷ (100,000 shares)
= ($500,000) ÷ (100,000 shares)
= $5 per share
We do not consider the common stock dividend and the preference share outstanding because this is not relevant for the computation part.
Answer:
non-directive interview
Explanation:
Josh has attended as a non-directive interview. A non-directive interview is a technique where questions are not prearranged. Unstructured or Non-directive interview, for the most part, have no set arrangement. The absence of structure permits the questioner to pose inquiries according to the answers of the candidate. The interviewer can ask any questions because the questions are not prearranged.
Answer:
$3,500 preferred; $2,500 common.
$3,000 preferred; $3,000 common.
$0 preferred; $6,000 common.
$4,200 preferred; $1,800 common.
$6,000 preferred; $0 common.
The accounts that affect equity are revenues, common stock, expense, and dividends.
The following information should be relevant for the equity:
- If there is an increase in revenue so the equity is also increased.
- If there is an increase in the common stock so the equity is also increased.
- If the expense is increased so it decreased the equity.
- If the dividend is paid so the equity is decreased
In this way, the equity account is affected.
Learn more about the equity here: brainly.com/question/3841249
