The net worth is considered to be the number of money you actually have on your bank account/in your wallet. The net worth is the amount of money one actually has. This is the amount of money you have after taxes and after paying all contributions/expenses.
Answer:
Option A.
Explanation:
Bank credit refers to the total amount of credit which is available to an individual or a business from a banking institution. It is the total amount of combined funds which financial institutions can provide to an individual or business.
A business or an individual's credit approval will depend on the following:
- borrower's credit rating,
- income,
- collateral,
- assets,
- pre-existing debt,
- total amount of credit available in the banking institution, etc.
Answer:
$29,400
Explanation:
The company will distribute dividends only to outstanding shares, since the number of outstanding shares is not specified, we should assume that all the 49,000 shares issued are outstanding shares. The company declared a 2% dividend, so we must multiply the current value of the stock times 2% = $30 x 2% = $0.60 per share.
The total amount distributed was 49,000 outstanding shares x $0.60 per share = $29,400