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3 years ago

Given a fixed nominal interest rate on a loan, unanticipated deflation:

1 answer:

6 0

Deflation means that your money has more buying power, thus it decreases the burden of paying off your loan because (in theory) you would have more money available to pay your loan since other prices have gone down.

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The balance in retained earnings on December 31, 2017, was $1435000 and on December 31, 2018, it was $1160000. Net income for 20

Inessa [10]

Answer:

b. $556,000.

Explanation:

Retained Earning is an account where all the earnings of the company accumulate and dividend is also paid from this account because it represents the amount the earning associated with the stockholders of the company.

December 31, 2018 Balance of Retained Earning = December 31, 2017 Balance of Retained Earning + Income for the year - Dividend Paid / Declared during the year.

$1,164,000 = $1,440,000 + $1,000,000 - Dividend Paid / Declared during the year.

$1,164,000 = $2,440,000 - Dividend Paid / Declared during the year.

Dividend Paid / Declared during the year = $2,440,000 - $1,164,000

Dividend Paid / Declared during the year = $1,276,000

Stock Dividend Paid - $500,000 + $220,000 = $720,000

Cash Dividend Paid = $1,276,000 - $720,000 = $556,000

6 0

4 years ago

What is the primary purpose of a cash discount? customer compensation for an out of stock item customer compensation for faulty

romanna [79]

<span>What is the primary purpose of a cash discount? Pay promptly incentive to purchase a specialty item. </span>There are different stores that offer discounts if you pay with cash instead of a card because they don't lose the fee when a card is swiped. They also receive the money instantly so because the customer is essentially helping them, that is their way of helping out as well. <span>
</span>

4 0

4 years ago

The following U.S. Treasury bond is listed in the The Wall Street Journal: Rate Mo/Yr Bid Asked 9.50 Oct 38 135:30 136:04 This $

STatiana [176]

Answer:

6.35%

Explanation:

If you purchase this bond you will need to pay $1,000 x 136.04% = $1,360.40

the coupon rate is 9.5% / 2 = 4.75% or $47.50 every six months

the bond matures in 18 years or 36 semiannual periods

yield to maturity = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]

YTM = {47.5 + [(1,000 - 1,360.4)/36]} / [(1,000 + 1,360.4)/2]

YTM = 37.49 / 1,180.2 = 0.031766 x 2 (annual yield) = 0.06353 = 6.35%

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4 years ago

What is the term for something that is produced by the mind, such as new invention that was commercial value?

mr_godi [17]

I just got a great idea?

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3 years ago

Someone plz help me tell me what kind of dogs are they and how much are they gonna grow up!

const2013 [10]

•.¸¸♪✺ Hello. ✺•.¸¸♪

☆━━━━━━━━━━━━━━━━━━━━━━━━━━☆

$TanakaBro$ $is$ $here$ $to$ $hel$ $^{p}$ :

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I think you are holding both of these puppies, is a Toy fox terrier.

Plus, if you want to know how much they will grow up?

<h2>★ <u>EXPLANATION:</u></h2><h2 />

The toy fox terrier, will grow up of they height is: like 8.5, or 11.5 inches. And they weight will be 3.7 or to 7 pounds. And they life expectancy is: 13 to 15 years.

Sorry, I couldn't do a long Explanation...

Hope It Helped!

#LearnWithBrainly

$Answer$ :

- TanakaBro

4 0

3 years ago