Answer:
fourth option
Explanation:
global trade is worldwide
it is the 4th option
No enough information added
<u>Calculation of amount of net income (net loss):</u>
The amount of net income (net loss) can be calculated using the formula of retained earnings.
Retained earnings ending balance = Retained earnings beginning balance + net Income – Dividends
We are given that:
Retained earnings ending balance =$439,500
Retained earnings beginning balance= $432,800
Dividends = $20,200
Let’s say Net Income = X
Hence,
Retained earnings ending balance = Retained earnings beginning balance + net Income – Dividends
439500 = 432800+X-20200
439500 = 412600+X
X = 439500-412600 = 26,900
Hence, the Net Income reported by Jasper in the year 2017 is <u>$26,900</u>
Answer:
False
Explanation:
The statement is false, as a decrease in the overall interest rate increases the overall worth of a bond which pays fixed interest rate payments. The public will demand more bonds with fixed interest rate payments, and the demand for bonds with flexible interest payments will decrease likewise. This is the main reason why the face value of bonds with fixed interest rate payments is usually higher than flexible bonds because they are less risky.
A company purchases a piece of machinery This machinery is now the company’s Capital