Answer:
The correct answer is B. all those funds changing hands between lenders and borrowers in the bond market.
Explanation:
Loanable funds is a market where all the funds accumulated by savers are found, and which are used to grant credits to other interested people in order to meet some investment or spending need. These funds work in the same way as a bank, and they generate returns on your loan, but usually at a lower rate.
Answer:
D)
Explanation:
Credit to state unemployment tax payable for $578.-
Answer: c.
Explanation: Interest earned ratio describes and shows the degree of solvency of a business entity.
The higher the times interest earned ratio the better the business capacity to meet the interest on it debt obligation.
It also means that the company is well protected and favorable to investors. This does not necessarily means that the business entity is efficiently managing it's debts repayments. It is believed that businesses with ratio <2.5 are seen to posses a higher instability.
Answer: Growth
Explanation: It is important to slow the entry of competitors during the growth stage of the product life cycle as that is the period new companies aim to profit from a new expanding market.
However, this can be done by reducing the prices of products to obtain the needed increase in sales and introducing product innovations like new details, more polished marketing techniques and changes to make sure attention in the products continue to grow and not cease to move.
Answer:
$2.6 per share
Explanation:
Roxie bed and breakfast corporation had a retained earnings of $8.40 million
The common stock dividend is $2.80 million
The year end balance sheet shows a common stock equity of $41.6 million and common stock outstanding of 16 million
Therefore Roxie's bread and breakfast book value per share can be calculated as follows
= common stockholders equity / common stock outstanding
= 41,600,000/16,000,000
= $2.6 per share
Hence Roxie's bread and breakfast book value is $2.6 per share