Answer:
So you should expect to receive $108 in interest per year
Explanation:
If you put money on security deposit, it is still your money and you should receive interest for it like when you put money on a bank deposit.
For a $3,600 deposit with 3 percent per year interest, the interest you should be paid would be:
3,600 * 0.03 = $108
Answer:
More information is required
Explanation:
A company has a market value of $990 million
The shares that are outstanding is $10 million
ROE is 20%
The first step is to calculate the net income
Net income = ROE × shareholder's equity
The shareholder equity value is not given in the question
Therefore it will be impossible to calculate the Earnings per share
Hence more information is required
Answer:
An investment makes money in one of two ways: By paying out income, or by increasing in value to other investors. Income comes in the form of interest payments, in the case of a bond, or dividends, in the case of stock.
Explanation:
Answer:
Standard activity level= 100,000 units
Explanation:
Giving the following information:
Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The standard allows 1 direct labor hour per unit.
Standard activity level= 600,000/6= 100,000 units
The Range is the result of subtracting the smallest number from the largest number.
