The Federal Reserve is the nation's CENTRAL bank.
In the early 1800's currency in the US was issues by: B banks
The maximum amount of interest payable that may be included on the balance sheet of the debt service fund of sue city on June 30 would be 150k.
the maximum amount of interest payable on the balance sheet = 5000000×6%/2 = 150000
In finance and economics, interest is payment from a borrower or deposit-taking economic group to a lender or depositor of a quantity above compensation of the major sum (this is, the amount borrowed), at a particular rate. it's miles awesome from a charge that the borrower may additionally pay the lender or some 0.33 celebration. it is also wonderful from a dividend that is paid with the aid of an enterprise to its shareholders (proprietors) from its income or reserve, but no longer at a selected price decided beforehand, alternatively on a pro-rata foundation as a percentage within the praise gained through hazard taking marketers whilst the sales earned exceeds the whole fees.
As an example, a patron might generally pay interest to borrow from a financial institution, so they pay the financial institution a quantity that is more than the amount they borrowed, or a customer can also earn interest on their savings, and so they'll withdraw greater than they at first deposited. In the case of financial savings, the customer is the lender, and the financial institution performs the role of the borrower.
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Answer:
available for common stock holders 34,000
Explanation:
The common stock holders are being paid after the preferred stock.
So we must first calculate and subtract the preferred stock.
5,000 preferred stock x $100 par x 4% = 20,000
declared dividends 54,000
preferred dividends <u> (20,000) </u>
available for common stock holders 34,000
The amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.
Profit can be defined as the amount of money earned after deducting all expenses.
A business or organization objective is to generate profit, therefore any amount a company earned from the sales of goods and service after deducting all expenses all after deducting all the production cost is called profit.
In another word profit is the revenue generated after paying out all costs such as:
Inconclusion the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.
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Answer:
$3620
Explanation:
Assuming that the equipment depreciates with straight-line depreciation,
Initial Annual Depreciation = ($85,000 - $12,000)/5 = $14,600/year
NBV of equipment at December 30, 2022 = $85,000 - ($14,600*3) = $41,200
Revised Annual Depreciation = ($41,200 - $5,000)/10 = $3620/year
