Answer:
A long history with corrected blemishes shows to those viewing your credit history that you've learned to fix mistakes making you trustworthy and experienced. But when you have a short clear history they don't really know anything about you.
Explanation:
Answer:
$45,000
Explanation:
Value of Franchise will be amortized on its useful life.
Value of Franchise = $50,000
Useful life = 10 years
Amortization as on December 31, 2016 = 50000/10 = $5000
Revenue and Franchise operating cost have nothing to do with the value of Intangible asset and amortization. All of these are operating entering which will be dealt in the income statement instead account for as value of Intangible asset.
Answer:
$663.420
Explanation:
The value for the investment is the future of $1000, earning a compound interest of -5% for eight years.
The formula for compound interest is as below.
FV = PV × (1+r)^n
Fv = $1000 x ( 1 + (-5/100)^8
Fv= $1000 x (1 +(-0.05)^8
FV= $1000 x (0.95)^8
Fv=$1000x 0.6634204
Fv=$663.420
The value will be $663.42
Answer:
b. who supplies the smallest quantity of the good among all sellers, and the marginal buyer is the buyer who demands the smallest quantity of the good among all buyers
Explanation:
- Marginal sellers and buyers are one who sells at a price that is lower than the other and barley sells in the market. Thus he sells his goods at the economic costs and does not earn a surplus.
- Thus he has to maintain a margin within the market he can also leave the market if the prices tend to be lower.
