Answer:
$71,774 million
Explanation:
Given that,
Beginning retained earnings = $71,993 million
Net income = $7,215 million
Dividends = $7,448 million
Other transactions = $14 million
Balance of retained earnings at the end of the year:
= Beginning retained earnings + Net income - Dividends + Other transactions
= $71,993 million + $7,215 million - $7,448 million + $14 million
= $71,774 million
Therefore, the balance of retained earnings at the end of the year is $71,774 million.
Answer:
PV= $8235.817383
Explanation:
Giving the following information:
Your brother has asked you for a loan and has promised to pay you $9,800 at the end of three years. You normally invest to earn 6.40 percent per year.
FV= $9,800
i= 0.064
n= 3
Present Value=?
We need to use the present value formula:
PV= FV/(1+i)^n
PV= 9800/(1.064^3)= $8235.817383
Answer:
Identify credit opportunities
Explanation:
The main goal of credit risk analysis is to identify the potential risks of lending out to a particular customer, whether it is a person or a firm.
In other words, is to identify whether a person or firm is credit worthy. From this concept of credit worhiness, we can affirm that the purpose of credit risk analysis is essentially to identify credit opportunities, since from the fact of finding out that a potential customer is credit worthy, a credit opportunity is created. (the loan is made to the credit worthy customer).
Everytime you walk through the airport, you bags are searched for dangerous things, violating you privacy, but protecting everyone.
Ad cost which is commercial cost that every franchise pays the corporate and royalty fees.
