Ellen now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
A. $205.83
B. $216.67
C. $228.07
D. $240.08
E. $252.08
Answer: D
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The statement of stockholders' equity for Jutras Corporation shows an increase in the Common Stock account of $8,000, an increase in Additional Paid-in Capital--Common in the amount of $22,000, and an increase in Retained Earnings of $50,000 . If the stock has a par value of $3 and dividends of $10,000 were declared and paid during the year, what is the amount of net income for the year?
a. $40,000 b. $50,000 c. $60,000 d. $90,000
____________________ represents the concept of being able to compare financial statement data across years for any particular firm
Fill in the blank(s) with correct word
Fullerton's total carrying cost is $210 and total ordering cost is $150. Fullerton's total inventory cost is _____.?
A. ?$210 B. ?$360 C. ?$450 D. ?$300 E. ?$150
Maggie and Nate enter into a contract for the sale of car, but Nate later refuses to deliver the goods. Maggie asks a court to order Nate to perform as promised. Ordering a party to perform what was promised is
A. an equitable remedy. B. an unenforceable demand. C. a remedy at law. D. a type of harm.