Answer:
An overdraft is an extension of credit from a lending institution that is granted when an account reaches zero. ... Basically, an overdraft means that the bank allows customers to borrow a set amount of money. There is interest on the loan, and there is typically a fee per overdraft
hope it will help you...
Answer:
I don't think I can do that for me but its not my fault I'm sorry
Answer:
Please see journals below
Explanation:
Retained earnings Dr $104,000
Common dividend payable Cr $104,000
Common dividend payable Dr $104,000
Cash Cr. $104,000
Retained earnings Dr $100,100
Common dividends payable Cr $100,100
Common dividends payable Dr $100,100
Cash Cr $100,100
Retained earnings Dr $110,000
Common dividends payable Cr $110,000
Working
Dividends payable
= 190,000 × $0.55
= $104,000
Common dividend payable
= $0.55 × (190,000 shares - 8,000 shares)
= $100,100
Answer:
ROE - 20.8%
ROA - 9.88%
RNOA - 20.33%
Explanation:
ROE = Net income / Average shareholder equity
Average shareholder equity = 48,633 + 46,878 / 2 = 47,770.50
ROE = 9,938 / 47,770.50
ROE = 20.8%
ROA = Net Income / Average Total Assets
Average total assets = 110,903 + 90,266 / 2 = 100,584.50
ROA = 9,938 / 100,584.50
ROA = 9.88%
RNOA = NOPAT / Average net Operating Assets
Average net Operating Assets = 56,535 + 51,447 / 2 = 53,991
NOPAT = Net Operating income before tax - Tax expense
NOPAT = 13,871 - 2,896 = 10,975
RNOA = 10,975 / 53,991
RNOA = 20.33%
Assuming the options
are:
a. Yes, because it is
good business to maximize profits, and those Foreign citizens are better off with
a job than without one.
b. No, because Gamma
has an ethical obligation to make sure that people who work For them, either
directly or indirectly, are being treated Fairly.
c. No, because Gamma
has a legal and ethical duty to make sure that foreign suppliers maintain
working conditions that meet or exceed American standards.
d. Yes, because Gamma
cannot be expected to investigate and oversee all of their suppliers, and Gamma
is not doing anything wrong
The answer is B. Gamma
has a responsibility to ensure that its workers, including those working
indirectly for the company, are being treated fairly. This is a key ethical
concept in international business, and often a source of controversy, as many
large American companies outsource low-cost labor, and often the conditions
that these employees work in are far from fair.
