Answer: $4.1 million
Explanation:
From the question, we are informed that the ending retained earnings balance of the Taco Heaven restaurant chain increased by $2.6 million from the beginning of the year and that the company had declared a dividend of $1.5 million.
The net income earned during the year will be:
= $2.6 million + $1.5 million
= $4.1 million
Relevant information is information you can’t trust-This statement is False because Relevant means that is something that makes sense or is important -So the statement holds False
Explanation:
Relevant information is the information that an individual require to perform a given task.
For example in order to write a program the person needs all the relevant information related to the program that is to written like the value of the variable,the format of the output required.
The term Relevant means "of Importance"
If a information required is very important then it can be obtained only through proper research work and hence it can be trusted
so we can say that-the statement that relevant information is information you can’t trust-is False
Green Marketing is a marketing strategy that supports environmental stewardship, thus creating a differential benefit in the minds of consumers.
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But defining inexperienced advertising is not an easy project where numerous meanings intersect and contradict every different; an example of this can be the life of varying social, environmental, and retail definitions attached to this term. different comparable terms used are environmental advertising and ecological advertising.
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Learn more about Ecological here:
brainly.com/question/1888324
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First, we calculate for the effective annual interest given the interest in the scenario.
ieff = (1 + i/m)^m - 1
Substituting the values,
ieff = (1 + 0.04/12)^12 - 1 = 0.0407
The effective interest is equal to 4.07%.
The future amount after 2 years,
F = ($6000) x (1.0407)^2 = $6498.86