Answer: d. Net income is part of the computation for ending retained earnings.
Explanation:
In the statement of owner's equity, Retained earnings are calculated and it is done with the Net Income. This is why when the net income is calculated from the Income Statement it is transfered to the SOE and used to calculate Retained Earnings.
Retained Earnings are calculated by the formula,
Ending Retained = Opening Retained Earnings + Net Income (losses) - Dividends
Net income is added to (or subtracted from if it is a Net loss) the Opening Retained earnings balance. Net dividends are also subtracted.
Answer:
The variable rate loan term best describes this loan.
Explanation:
In these type of loans variable interest rate is charged. A variable interest rate is a floating interest rate on a loan or security (bonds,debentures) that changes over time because it is based on an underlying benchmark interest rate or index that changes periodically. So the interest payment fluctuates with change in benchmark.
The advantage of a variable interest rate is that if the underlying interest rate or index falls down, the borrower’s interest payments also decrease. Accordingly, if the underlying index rises, interest payments increase.
Answer:
Sport marketing is work to promotes sporting events, terms and players connected to those team.
Explanation:
Sport marketing often design based upon the signature players and sport franchises to use specific product or support sporting events.
- Sport marketing managers connected to spectator sports specialize in sports realize higher income at the management level.
- Sport marketing sports marketing will depending upon the level of the position in many traditional promotional activities.
- Sport marketing as well as specialized to important knowledge to the sports world,they skills in the social media and internet.
- Sports marketing also need an in depth level of about sports understanding attitudes and environment of players and fans.
- Sport marketing degree is a bachelor degree at the certificate and associate degree level prefer that applications.
- Sport marketing program include they topics on the economic, marketing and sales they impacts to modern sports.
- Sport marketing become a sports marketing professional to have interest is sports talents of writing and communication.
- Sport marketing special because the sports marketing industry has low turnover, rather then general degree.
There are no statements here.
Answer:
Approximate rate of return will be 9 %
Explanation:
We have given a stock is purchased on January 1 of cost $4.35
And sold at the same year on December 31
We have to find the rate of return
Rate of return will be equal to
= 9%
So approximate rate of return will be 9 %