The precise date varies but the year is certain. Jean Ribault attempted to settle Charlesfort in 1562. This piece of land is nowadays known as South California. The colony of Charlesfort failed because he couldn't come back and bring more resources because he was imprisoned after a revolution. When he eventually came back he found it to be completely abandoned.
Answer:
Retained earnings balance on Dec 31 = $2000
Explanation:
Statement showing computations
Particulars Amount
Opening balance in retained earnings $ 5,000.
Add income (Loss) = $3300 - $4100 (-$800.00)
Less Dividends Paid = (2,200.00)
Retained earnings balance on Dec 31 $2000
Answer:
<u>Break-even Sales:</u>
Remo Company $128,346.17
Angelo Inc. $201,649.86.
Explanation:
Break-even Sales is the dollar amount of revenue at which there will be neither Profit nor Loss. In other words, it a Point at which Contribution Margin is equal to Fixed Costs. The Formula to Calculate Break-even Sales is:
Fixed Cost / Contribution Margin Ratio
where
Contribution Margin Ratio is Sales less Variable Expenses, and expressed as a percentage of Sales.
Remo Company
Contribution Margin Ratio = 75,000 / 275,000 = 27.27%
Break-even Sales = 35,000 / .2727 = $128,346.17
Angelo Inc.
Contribution Margin Ratio = 150,000 / 275,000 = 54.55%
Break-even Sales = 110,000 / .5455 = $201,649.86.
Answer:
$64.05
Explanation:
The computation of the today share is shown below:
= {Current year dividend × ( 1 + growth rate)} ÷ (Required rate of return - growth rate)
= {$2.55 × ( 1 + 5.5%)} ÷ (9.7% - 5.5%)
= ($2.55 × 1.055) ÷ (9.7% - 5.5%)
= 2.69025 ÷ 4.2%
= $64.05
The {Current year dividend × ( 1 + growth rate)} reflect the next year dividend
Best answer is B) failure
Lars can't get fired from a restaurant he owns, unless he becomes so wildly successful that control transfers to a Board of Directors who vote him off the CEO position. Loss of human capital is not applicable either, as he will not lose employees' or his own abilities in the act of starting a business; he'll develop both. Owning a restaurant will also afford him greater creative control in his professional life.
