Answer:
$120,669
Explanation:
Ending Retained Earnings = Opening Retained Earning + Net Income - Dividends
therefore,
Ending Retained Earnings = $90,369 + $46,300 - $16,000 = $120,669
thus,
Ending balance in Retained Earnings be next year will be $120,669
False. <span>A bank's decision to give a customer a mortgage is an example of an unstructured decision. Unstructured decisions are decided upon after reading up on current models, statistics and knowledge to help find the answer. These decisions are straight forward and to the point, there is no thinking long-term on them. </span>
Pretty sure your bank will just keep charging interest. but every bank is different. You should call them up and ask how they do things.
Answer:
1.78 times
Explanation:
The computation of the equity multiplier is shown below;
Equity multiplier is
= Total assets ÷ Total stockholders equity
= $6,675 ÷ $3,750
= 1.78 times
Working notes;
Calculation of total stockholders equity
Total stockholders equity = Common stock + Retained earnings
= $2,970 + $780
= $3,750
Answer:
The sociological approach to the study of entrepreneurship deals with social and cultural factors responsible for the nature and growth of entrepreneurship development in a society. It attempts to understand as to why a social structure and culture facilitates or inhibits entrepreneurial development.
