Answer: Rs. 120,000
Explanation:
At the end of the year, both assets and liabilities had doubled. New asset and liability figures are therefore:
Assets = Rs. 200,000
Liabilities = Rs. 100,000
Net income is part of equity and as there is no equity, net income must be the entire equity.
Assets = Equity + Liabilities
200,000 = Equity + 100,000
Equity = 200,000 - 100,000
= Rs. 100,000
From this Net income, dividends were distributed to the tune of Rs. 20,000. This should be added back to see the full figure.
= 100,000 + 20,000
= Rs. 120,000
Answer:
The variable rate loan term best describes this loan.
Explanation:
In these type of loans variable interest rate is charged. A variable interest rate is a floating interest rate on a loan or security (bonds,debentures) that changes over time because it is based on an underlying benchmark interest rate or index that changes periodically. So the interest payment fluctuates with change in benchmark.
The advantage of a variable interest rate is that if the underlying interest rate or index falls down, the borrower’s interest payments also decrease. Accordingly, if the underlying index rises, interest payments increase.
Answer:
supply
Explanation:
it is how much of something you have to sell
Answer:
B. False
Explanation:
Even with the use of computers, <em>ethics also vary from one company to the other. </em>For example, some of the major IT organizations that are professional in nature have their own set of Code of Ethics. So, this means that they are expecting their members to follow their own Code of Ethics in achieving their mission.
Not everyone is subscribe to the ethical codes online, thus this makes the statement above as "false." Ethics are considered non-universal even online because of<em> </em><em>people's different education backgrounds.</em>
So, this explains the answer.
Answer:
The correct answer is:
The unemployment rate would remain unchanged (d)
Explanation:
Unemployment rate is defined as the percentage of unemployed labor, in a total labor force. That is the percentage of people willing and able to work, but not working because there are no jobs available for them. Considering this definition, we see that the 300,000 people who have given up looking for jobs, are still able and willing to do so, despite being discouraged, hence, when the unemployment rate of the total labor force is to be calculated they will be counted also.