Answer:
The answer is: 36.2 months
Explanation:
First, let us calculate the total amount to be repaid after interest has been added.
interest = 8.25% = 0.0825
interest in amount = 0.0825 × 20,000 = $1,650
Total amount to be repaid = Original amount + interest
= 20,000 + 1,650 = $21,650
Next, we are told that the repayment is made monthly at $596.59 per month, therefore number of months required to pay $21,650;
$596.59 = 1 month
∴ $21,650 = 21,650 ÷ 596.59 = 36.28 = 36.3 months ( to one decimal place)
<span>In the past ten years, the largest amount of growth has been seen in the expenditure on services. For example, in the period 2014-5, that expenditure grew by 3.4%. Comparatively, the other components of household expenditure showed relatively modest differential gains during the last 10-year period.</span>
$2.40., was incorrect. The correct answer was: $2.28.
Begin by calculating how much of the net income is available for common stockholders (net income after taxes minus preferred dividends equals earnings available for common stockholders). The preferred stockholders received $600,000 in dividends (100,000 pfd shares × $6 per share dividends = $600,000). After subtracting $600,000 from the net income of $12 million, this leaves $11.4 million (earnings available for common stockholders). Compute EPS (earnings available for common ÷ number of common shares outstanding = $11.4 million / 5 million shares = $2.28 per share EPS).
the qestion is incomplete .please read below to find the missing content
A corporation has $12 million net income after taxes, 5 million common shares outstanding, and $10 million of 6% preferred stock ($100 par). What is the corporation's earnings per share (EPS)?
A) $2.52.
B) $1.20.
C) $2.28.
D) $2.40.
Earnings per share is the monetary value of earnings per outstanding share of a company's common stock. It is an important measure of a company's profitability and is often used in stock pricing.
EPS shows a company's profitability by showing how much profit the company makes for each share of its stock. The EPS figure is determined by dividing a company's net income by shares of common stock outstanding. However, the higher the EPS number, the more profitable the company.
Learn more about EPS here
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Answer:
Explanation:
Find attached The compliance act policy for coding that talk about the various source code for diifrent organization
As regulated by the FDA, if a menu item is described as low fat, it must contain 3g of fat, or less, per serving. No more than 30% of calories can be from fat.
