Answer:
$53,000,000
Explanation:
The amount of dividends paid by Del-Castillo Inc. can be ascertained using the retained earnings formula as follows:
retained earnings=net income+previous year retained earnings-dividends paid
retained earnings for current year is $960 million
net income is $70 million
previous year retained earnings were $943 million
dividends paid is unknown
dividends=net income+previous year retained earnings-current year retained earnings
dividends=$70 million+$943 million-$960 million
dividends=$53 million
The answer to this question is a decision support system. Decision
support system is a system that helps businesses to help make a decision by
putting together all data and information to make decisions and solve the
business problems. These are the sample types of decision support system; Data
driven system, communication driven system, and knowledge driven system.
Answer:
D) $20
Explanation:
Calculation for the price of a CD
Since the Total income is 120 then let the Income spent on DVDs be x and let them income spent on CDs be 2*x
First step
x + 2*x = $120
3*x = $120
x=$120/3
x = $40
Second step
Let the Price of one CD be y
Hence,
2*y = $40
y = $40 / 2
y = $20
Therefore the price of a CD will be $20
Pre-inspection agreement is pre-sale inspection. As pre-inspection agreement is in essence in a contract between two parties, so it can be called contract agreement.
Answer: $2,027,087.791
Explanation:
Given that,
Lottery commission = $100,000
Remaining 19 payments annually = $100,000
Compounded payment = 7%
Total compounded payment till end:
Where,
A0 = Compounded payment at first deposit = $7,000
t = Total time in years = 20 years
n = No. of compounding periods per year = 1
r = Nominal annual interest rate expressed as a decimal = 0.07
Therefore,
= 7,000 × 3.8696
= $27,087.79
After 20 years,
Total amount deposited will be = $20,00,000 + $27087.79
= $2,027,087.791