Answer: The correct answer is "Material losses resulting from correction of errors related to prior periods.".
Explanation: It is generally established that the type of loss that is excluded from the determination of net income in the income statement are the material losses resulting from transactions in the company's investments account.
Answer:
The maximum amount he can finance without exceeding his payment goal if interest rates are 3% is $160,000.
Explanation:
Assumption: There is no compounding effect as interest earned is paid as car payment and interest rate is 3% per year.
Monthly Outcome required = $400
Interest Rate = i = 3%
Number of Years = 5 years
Number of Months = 5 x 12 = 60 Months
Amount to be Finance = P = ?
Use Following formula to calculate the amount of Finance
Interest = P x ( 3% / 12 )
$400 = P x ( 0.25% )
$400 / (0.25% ) = P
P = $400 / 0.0025
P = $160,000
The maximum amount he can finance without exceeding his payment goal if interest rates are 3% is $160,000.
Answer:
d) Title 1 should be Financial Management Career Pathway, and Title 2 should be Investment Career Pathway
Explanation:
i believe its D but im not exactly sure
