Answer:
$3.12
Explanation:
For expansion:
EBT = EBIT - Interest
= [6,000 + (30% × 6,000)] - $0
= $7,800
Net income = EBT - Tax
= $7,800 - $0
= $7,800
Earning per share for the case of strong expansion period before any debt is issued:
= Net income ÷ Number of shares outstanding
= $7,800 ÷ 2,500
= $3.12
Answer:
The statement is: False.
Explanation:
A creditor lends money to another person or entity or provides goods or services with the expectation of being paid back in the future. The creditor credits money as a loan. If the creditor is a bank or other type of financial institution, the loan will be documented with a formal agreement specifying the creditor and debtor's rights and duties.
Answer:
C. assets; liabilities
Explanation:
The banks assets are mostly the money that they have loaned out to other people and expect to receive at a later date. And their liabilities are mostly the deposits that their customers have placed with them. When people who owe money to the bank default, the bank has to write that down as a bad debt and because of this their assets decrease, when the assets of a bank decrease to a point that assets are less than liabilities it means that the bank wont have enough money to pay back its depositors when needed because the money that they have to receive from their debtors is less than the money that they have to pay back to their depositors and this makes the bank insolvent.
Answer:
Inequality symbols
≤ = Less than or equal to
≥ = Greater than or equal to
< = Less Than
= equal to
> = greater than
Explanation:
Now considering i have a total amount of 1000 Dollars and i am willing to produce five (5) products that cost 200 dollars each and i can not exceed the cost of 200 dollars in the production of each prodcut, the inequality representation will be:
Product Cost Inequality Representation
Chair $200 Cost X ≤ $200
Table $200 Cost X ≤ $200
Spoon $200 Cost X ≤ $200
Spatula $200 Cost X ≤ $200
Shirt $200 Cost X ≤ $200
It should be noted that the inequality representation signifies the fact that the cost is less than or equal to the specified allotted cost.
<span>Economic growth, which can be approximated by the growth of gross domestic product, ultimately determines the prevailing standard of living in a country.
</span>This parameter is measured by economists typically by tracking <span>real GDP per capital.
</span><span>Economic growth hinges on the quality and type of investment, the human capital and improvements in technology.</span>