Answer:
Option D is correct,$1,950,000
Explanation:
In order to compute the closing balance of retained earnings, the preferred shares dividends for prior and current years as well as the common stock dividend must be deducted from net income before adding the remnant to the opening retained earnings:
Net income $870,000
Preferred dividend prior year($100*20000*8%) ($160,000)
Preferred dividend current year($100*20000*8%) ($160,000)
Common stock dividend($2*100,000) ($200,000)
net income after dividends $350,000
Closing retained earnings=$1600,000+$350,000
=$1,950,000
Answer:
were is tha picture i can answer that if don't have pictures
Answer:
The correct answer is 'C'
Explanation:
The quantity demanded of physicals increases, and the quantity supplied of physicals decreases.
Answer: cost, labor, input, infrastructure
Explanation:this did the test on edmentum
Answer:
15%
Explanation:
The computation of the cost of equity in case of no taxes is shown below:
Cost of equity without tax = Cost of equity + (cost of equity - cost of debt) × debt equity ratio
where,
Cost of equity = 12%
Cost fo debt = 9%
And, the debt equity ratio = 1
Now placing these values to the above formula,
So, the cost of equity without considering the tax is
= 0.12 + (0.12 - 0.09) × 1
= 0.12 + 0.03 × 1
= 0.12 + 0.03
= 0.15
= 15%
