Dividends that were paid last year = $200
Retained earnings = $522
Net Income = Retained earnings + Dividends paid = 200+522 =722
Tax rate was 38%.
Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52
Interest expense= 624
Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52
Earnings before interest and tax (EBIT) = 1,788.52
Answer:
Credit card
1.Borrow money to make purchases and repay it later
2.Can help build your credit history
3.Likely charged interest if you don't pay your bill in full every month by the due date
Debit card
1.Money deducted from your bank account to pay for purchases
2.Won't help build your credit history
3.No interest charges
Answer: B. Metes and Bounds System
Explanation: The metes and bounds system is an old system of land surveying practiced many centuries ago whereby land boundaries are determined using features such as flowers, trees, river, roads, pole etc. It was a system used before the advent of modern surveying instruments.
•Metes refers to determining boundary by measuring straight run between two points.
•Bounds is the use of features such as rocks, water course, etc to define boundary, this is used for large portion of property such as political boundaries between two towns.
Answer:
d) All of the above
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a group, business firm, state, or country in the future.
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.
Generally, leaders use their powers to get other people to follow them.
In conclusion, all of the aforementioned characteristics are possessed by the new breed of global leaders across the world.
