Answer:
Department of Transportation (DOT)
Explanation:
Department of Transportation can be regarded as one department in the government of U.S that are in charge of transportation. It started operation in 1967. It should be noted that the Department of Transportation (DOT) developed and published the first curriculum that served as the guideline for EMT training?
Answer:
Common stock outstanding = $50,000/$0.5 = 100,000 shares
Treasury stock outstanding = 5,000 shares
Total shares outstanding 105,000 shares
Explanation:
Total shares outstanding is the aggregate of common stock outstanding and treasury stock outstanding. Common stock outstanding is derived by dividing the total value of common stock by par value of common stock.
Starting amount is $1,500, 12% interest that compounds monthly and it will grow over a period of 20 years. Using a calculator it comes out to a total of <span>$16,339.07</span>
From the information given, the balance that will be in the capital account of Thurman at the end of the second year will be $132860.
The partners account at the end of the second year for Thurman will be calculated thus:
- Beginning capital = $126100
- Add: Net income = $19760
- Less: Drawings = $13000
Therefore, the balance in the account will be $132860.
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Answer:
The total dollar return on this investment is $1765
Explanation:
The total dollar return on the investment by Sue is a sum of the interest earned by Sue during this period and the profit due to the increase in bid/ask price of the bond.
Interest earned = [(0.035/2) x $100,000] = $1750;
The selling price by Sue today will be the bid quote today and for the purchase price on which Sue bought the bond we will take the asked quote on purchase.
bid quote today = 124.2175
asked quote on purchase = 124.2025
Profit earned on selling = (Bid quote today - Asked quote on purchase) * $100,000
= [(124.2175 - 124.2025) x $100,000] = $15
Total return = $1750 + $15 = $1765
