Answer:
What was Henson's retained earnings at the end of the year?
$430,000
Explanation:
Begining Retaining earning 330000
Income 120000
Dividens Paid -40000
Additional common stock 20000
End retaining earning 430000
Revenue 500000
Expense 380000
Income 120000
Answer:
Their debt ratio is about 0.039.
Explanation:
Given information:
liabilities = $16700
Assets = $433,000
We need to find their debt ratio.
Substitute the given values in the above formula.
Therefore, their debt ratio is about 0.039.
Answer:
Monthly installment = $2,202.17
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.
</em>
The monthly installment is computed as follows:
Monthly installment= Loan amount/annuity factor
Loan amount = 200,000
Annuity factor = (1 - (1+r)^(-n))/r
r -monthly rate of interest, n- number of months
r = 1% = 0.01, n = 20× 12 = 240
Annuity factor = ( 1- 1.01^(-240) )/0.01
= 90.81941635
Monthly installment = 200,000/90.819
= 2,202.172
Monthly installment = $2,202.17
try defining what a market approach is: a method of determining the value of a product based on the selling price of similar products.
you can then proceed to think of a specific product or brand which is extremely overpriced (meaning sales volume will be low) or underpriced (meaning profit is not as much as it could be).
a simple example of this could be misjudging the value of real estate, and selling houses, land and other infrastructure for either much more or much less than you should
Answer:
The statement that is not true of this ceremony is:
F. it is essentially about the individual rather than the community
Explanation:
The focus of this communal rite of passage is not the individual but the community because during the rite, the sense of the individual is replaced by the sense of the community. It instils in the initiates a sense that they are no longer individuals but members of the community with some rights and privileges. Community values are communicated through a sophisticated system of beliefs and practices that affirm sacred cycles.
