All categories

3 years ago

What is annual income?

Business

2 answers:

vampirchik [111]3 years ago

7 0

Answer:

the amount of money you get in a year

DIA [1.3K]3 years ago

4 0

Is the total value income earned in a year exactly

You might be interested in

List fol Fuel Products from Plants

zmey [24]

Answer:

fol??? I don't understand the question. Probably you had a typo?????

Explanation:

sorry

3 0

4 years ago

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers?

Maurinko [17]

Answer: Option D

Explanation:

A. If the hostile takeover by outside investors is made easier it might result in

depletion of shareholders interest in the company.

B. Large cash salaries and low stock options will result in mangers being carefree about the position of company in the market,thus, resulting in depletion of shareholders interest in the company.

C. Covenants protect the shareholders from unethical or illegal decisions of the management. Thus covenants are necessary for healthy manager and shareholder relationship.

D. Eliminating minimum requirement by shareholders will result in more shares to the general shareholders and high voting rights on company decisions also.

E. Doing such act will get the managers more hold on the stock of the company resulting in conflict.

7 0

4 years ago

You invest a single amount of $10,000 for 5 years at 10 percent. At the end of 5 years you take the proceeds and invest them for

FinnZ [79.3K]

Answer:

$86,166.31

Explanation:

We use future value (FV) formula as follows:

Step 1: Calculation of amount to have after five years:

Five years FV = $10,000 × (1 + 0.1)^5

= $10,000 × (1.01)^5

= $10,000 × 1.61051

Five years FV = $16,105.10

Therefore, $16,105.10 will be realized after five years.

Step 2: Calculation of amount to have after twelve years:

Twelve years FV = $16,105.10 × (1 + 0.15)^12

= $16,105.10 × (1.15)^12

= $16,105.10 × 5.35025010547371

Twelve years FV = $86,166.31

Therefore, you will have $86,166.31 after 17 years.

4 0

3 years ago

During the year, , Inc., has in revenues, in expenses, and in dividend payments. Stockholders' equity changed by

Bezzdna [24]

Answer:

$198,000

Explanation:

Here is the full question used in answering this question :

During the year, Fast/Wash Inc., has $310,000 in revenues, $105,000 in expenses, and $7,000 in dividend payments. Stockholders equity changed by

Change in stockholders equity = +310,000 - $105,000 - $7,000 = $198,000

Income increases stockholders equity while, dividend payments and expenses reduce stockholders equity.

8 0

3 years ago

Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an end

Tema [17]

Answer:

Bank Reconciliation Statement

Balance at bank as per Cash Book (Up to date) $67,438

Add Unpresented Cheques $128

Less Lodgements not yet credited 0

Balance as per Bank Statement $67,566

Explanation:

Step 1 Bring the Cash Book Bank Balance Up to Date as follows :

Debit :

Balance as at March 31 $68,057

Interest Earned $33

Totals $68,090

Credit:

Bank Charge- Safety deposit box $50

Cleared Check $500

Bank Charges - Printed Checks $102

Bank Balance (Updated) $67,438

Totals $68,090

Step 2 Prepare a Bank Reconciliation Statement

Bank Reconciliation Statement

Balance at bank as per Cash Book (Up to date) $67,438

Add Unpresented Cheques $128

Less Lodgements not yet credited 0

Balance as per Bank Statement $67,566

4 0

3 years ago

What is annual income?​

What is annual income?