Answer: I did not agree that the agreement of trial balance is an indication that all transactions have been properly recorded in the books of account .it only means that certain types of errors have not been made.
Explanation:
Trial balance is an account prepared in order to test the arithmetical accuracy of entries in the ledger account. When a double entry principle has been observed then the total of debit entry must equal the total of credit entry in the trial balance. The balancing of the two sides of the trial balance does not mean that the account is correct. It means that certain types of errors have not been made. In the sense that there are several types of error which will not affect the balancing of trial balance such as the compensating error, error of original entry, error of omission, error of commission and so on will not affect the balancing of trial balance.
Answer:
6.34%
7.19%
9.45%
12.00%
Explanation:
FV = PV *(1+rate)^tenor
-> Rate = (FV/PV)^(1/tenor)-1
PV: $330; tenor: 4 year; FV: $422
-> Rate = (422/330)^(1/4)-1 = 6.34%
PV: $450; tenor: 18 year; FV: $1,571
-> Rate = (1571/450)^(1/18)-1 = 7.19%
PV: $48,000; tenor: 19 year; FV: $266,917
-> Rate = (266917/48000)^(1/19)-1 = 9.45%
PV: $47,261; tenor: 25 years; FV: $803,425
-> Rate = (803425/47261)^(1/25)-1 = 12.00%
Here are the items that would describe <span>the results of scarcity:
-</span><span>There are not enough goods and services to meet everyone's wants.
-</span><span>Using resources today means having fewer of them in the future.
Scarcity means being in short supply or shortage. Hope this answers your question. </span>
In segmented capital markets, the cost of capital is essentially determined by the domestic systemic risk of a security.
In integrated capital markets, on the other hand, the cost of capital is determined by the global systemic risk of securities, regardless of nationality.
The capital market is a financial market that buys and sells long-term debt securities or stock-backed securities, as opposed to a money market that buys and sells short-term debt securities.
Examples of highly organized capital markets are the New York Stock Exchange, the US Stock Exchange, the London Stock Exchange, and NASDAQ. Instead of trading on an organized stock exchange, securities can also be traded "over-the-counter".
Learn more about capital markets here:brainly.com/question/17313958
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Answer:
c. $336.54 million
Explanation:
For computing the increase in sales, first we have to determine the full capacity of sales value which is shown below:
= Sales ÷ capacity percentage given
= $625 million ÷ 65%
= $961.54 million
So, the increase in sales would be
= Full capacity sales - given sales
= $961.54 million - $625 million
= $336.54 million