Answer:
$2,250,000
Explanation:
The computation of retained earnings is shown below:-
Retained earnings 31/1/17 = Retained earning 1/1/17 + Net income of current year - Understatement of depreciation expenses - Dividends declared
= $2,000,000 + 1,000,000 - $430,000 - $320,000
= $2,250,000
Therefore for computing the retained earnings 31/1/17 we simply applied the above formula.
As we assume that the question is asked for the 31/1/17 instead of 1/1/17 as it is already mentioned in the question
A. It is decreased by 50,000 (I'm 50% sure)
6% of 50,000 is 3,000
Answer:
1) The yield to maturity is required rate of return on a bond expressed as a nominal annual interest rate. For noncallable bonds, the yield to maturity and required rate of returns are interchangeable terms
2) Unlike YTM and required return, the coupon rate used as the interest rate in bond cash flow valuation, but is fixed percentage of par over the life of the bond used to set the coupon payment amount.
3) The coupon rate is constant at 10%. The YTM is 8%.
Explanation:
The Illinois Court System's Organization the Illinois Constitution of 1970's Article VI, the Judicial Article, establishes a unified, three-tiered judiciary consisting of the Circuit Court, Appellate Court, and Supreme Court.
The High Court
The highest court in the State of Illinois is the Supreme Court. The Supreme Court typically receives cases from the Appellate Court, but when a Circuit Court has sentenced someone to death, the law permits a direct appeal to the Supreme Court, skipping the Appellate Court. In other circumstances, the Supreme Court may enact rules allowing direct appeals Judicial Article.
Legislative redistricting and evaluating the Governor's eligibility to hold office are subjects of original and exclusive jurisdiction of the Supreme Court. Additionally, the Supreme Court has discretionary original jurisdiction over writs of mandamus, prohibition, and habeas corpus as well as issues involving State income.
The First Appellate Judicial District (Cook County) is represented by 3 Justices on the Illinois State Supreme Court, while the following 4 Appellate Judicial Districts are each represented by 1 Justice. For a case to be decided, four votes must be cast in favor.
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