Acompany had the following assets and liabilities at the beginning and end of the current year:

assets liabilities
beginning of year $ 231,000 $ 96,500
end of the year 262,000 78,400
common stock in the amount of $ 23,500 was issued and dividends of $ 6,700 were paid during the year. what is the amount of net income for the year?

a) $18,900

b) $65,900

c) $49,100

d) $32,300

Which of the following best describes a fractional reserve banking system? a. a banking system in which a large portion of the bank's assets are digital money rather than bills and coins. b. a banking system in which banks keep a portion of deposits on hand to satisfy their customer's demands for withdrawals. c. a banking system in which banks have only partial control over the interest rates they charge on loans. d. a banking system in which net worth is calculated by subtracting a fraction of liabilities from assets. 2b2t

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.