Answer:
$143.30
Explanation:
In order to determine the principal reduction payment, the monthly interest will need to be calculated. The interest will then be deducted from the total monthly payment to compute the principal reduction payment:
Annual Interest = $118,000 X 7/100
= $8,260
Monthly interest = $8,260/12
= $688.33
Principal reduction = $831.63 - $688.33
= $143.30
Answer:
EPS = $4.50
diluted EPS = $2.46
Explanation:
no option is correct since EPS = $4.50, and the rest of the options are all higher amounts. Diluted EPS are always smaller than EPS.
common stock outstanding = 1,000 stocks
bonds shares (diluted) = 1,000 stocks
net income = $4,500
bond interest = $10,000 x 6% x (1 - 30%) = $420
diluted earnings per share = ($4,500 + $420) / (1,000 shares + 1,000 shares) = $4,920 / 2,000 shares = $2.46
I believe that Amazon became successful as a business model by in some ways mimicking Sears model. At first Amazon only sold books and once they had mastered that successfully they were able to put many independent book stores out of business and then focused their energies on every other non perishable item that people needed. They took on toys clothing, food items etc. Sears did this by providing items out of their catalog. Amazon does this from their online app. people create their accounts and can search from their phones and have things sent directly to their homes. The advancement of Amazon can be directly related to the demise of shopping malls.
Answer:
a. is a list of accounts with their balances at a given time.
Explanation:
There are two columns in the trial balance, namely debit columns and columns of credit. The total amount of columns of debit and credit should always match and equaled.
The debit columns reflect assets and expenses side while earnings, stockholder equity, and liability side are listed in the credit column. It is prepared for the given period of time.
