The formula is
A=p (1+rt)
A cost of the car 13080
P amount deposited 12000
R interest rate 0.03
T time?
Solve for t
T=[(A/p)-1]÷r
T=((13,080÷12,000)−1)÷0.03
T=3 years
Answer:
If a company issues bonus shares, there will be no increase in the capital and the debt-equity ratio remains unchanged.
Step-by-step explanation:
Free additional shares offered to existing shareholders is known as a bonus issue.
Bonus issues are given to shareholders when companies are short of cash and shareholders expect a regular income. It may also be issued to restructure company reserves.
However, issuing bonus shares does not involve cash flow. It increases the company’s share capital but not its net assets.
Since bonus issues only increase the number of shares a shareholder is holding but not the ratio/percentage of holding. Thus, if a company issues bonus shares, there will be no increase in the capital and the debt-equity ratio remains unchanged.
Answer: True
Step-by-step explanation:
Prism volume = lwh
Pyramid Volume = lwh/3
Answer:
Step-by-step explanation:
Answer:
y=90x+2,000
Step-by-step explanation:
90 is the rate of change because the hot air balloon descends 90 feet per minute.
And 2,000 is the starting point because the hot air balloon started the descent at 2,000 feet.
