Answer:
B. Net income of $4000
Explanation:
Opening balance + net income- difference paid= retained earnings
OB + NI -Payments = retrained earnings
$2500 + NI - $1500= $5000
$2500 + NI = $5000 + $1500
$2500 + NI = $6500
NI= $6500- $2500
Net income = $4000
Answer:
D) none of the statements associated with this question are true.
Explanation: Sweezy oligopoly which is also described as a kicked demand model helps to show how prices can be stable without any form of secret agreement between the small number of large Organisations which dorminates in an olygopolistic market.
An olygopolistic market is a market that is filled with a small number of large scale business Organisations.
1. The curved line represents the distribution of cumulative % of income among individuals arrayed by fifths or quintiles.
2. According to the table the highest fifth of the population receives 50.1% of the income.
3. The lowest fifth receives 3.5% of the income.
4. The straight line represents the ideal or equal distribution of income among individuals. The further away the curved line is from the straight line, the more unequal the distribution of income in the population under study is.
Answer: 10%
Explanation:
When the price of a bond is at par, it means that the coupon rate and the Yield to Maturity are the same.
The Coupon rate is the interest rate that the Issuer of the bond pays the bond holders as a percentage of Par.
The Coupon payment here is $100 and the rate is;
= 100/1,000
= 10%
<em>Coupon Rate = 10% = Yield to Maturity </em>
<u>Calculation of Bvi corporation's payout ratio for 2014:</u>
The formula to calculate the Payout ratio is as follows:
Payout Ratio = (Total Divided Paid / Net Income)*100
Bvi corporation's payout ratio for 2014 can be calculated as follows:
Payout Ratio = (Total Divided Paid / Net Income)*100
= (400000/1600000)*100
= 0.25*100
=25%
Hence, Bvi corporation's payout ratio for 2014 is <u>25%</u>