Answer:
I believe the answer is d
He is going to reduce the price of the item because it may because of the price and the demand rate that the item isnt selling.
Answer:
Initial confidence index 66.67%
New confidence index 71.4%
Explanation:
Calculation of what would happen to the
confidence index
Using this formula
Confidence index=(Average yield for high grate bonds)/(Average yield for intermediate graded bonds)
Let plug in the formula
Initial confidence index=4%/6%
=0.6667 ×100
=66.67%
Due to increase in the yields the New Confidence Index will be;
New confidence index
=(4%+1%)/(6%+1%)
=5%/7%=0.7142857 or 0.714
0.714×100=71.4%
Hence, the New Confidence index tend to indicates slightly higher confidence and the reason for the increase in the index is the expectation of higher inflation.
Retained Earnings are increased by net income, decreased by dividends, sometimes called earned capital and all of company's earnings kept rather than distributed to stockholders.
Are Retained Earnings the Same as Profits?
Profits do not deduct dividend payments from a company's profit, whereas retained earnings do. This is the major distinction between retained earnings and profits. Profits may suggest a corporation has a positive net income, whereas retained earnings, depending on the number of dividends given to shareholders, may show a company has a net loss.
Why retained earnings is important?
Retained earnings can assist a business raise the value of its stock, ensuring organizational sustainability, and providing funding for crucial tasks like R&D and expansion without raising debt.
Learn more about Retained Earnings: brainly.com/question/14529006
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Answer:
c.$10,500
Explanation:
The computation of the deferred income tax asset is shown below:
= Warranty expense for book purposes × U.S tax rate
= $50,000 ×21%
= $10,500
For computing the deferred income tax asset reported, we simply multiply the warranty expense with the U.S tax rate.
Hence, we ignored the net income before tax as it is an irrelevant part which is given in the question