Answer:
Cash Accounting
Explanation:
This is a type of accounting principle where receipts are entered during the transaction period they are paid, and disbursement are also entered during the periods they were made out.
Cash Accounting are commonly used by entrepreneurs because of it's simplicity, as it easily shows the financial position of the business.
In order to produce any economic good or service there must be some use of a land resource, either direct or derived. Land resource is any land that is ready for use for development like real estates and infrastructures for business. It is one of the important things to be acquired when one starts a business.
The answer is that a more equal distribution of a given
amount of income will increase the total utility of consumers. Income
Inequality is common nowadays and is considered to be a market failure. Three
causes of falling wages and the rise of income inequality is due to technology,
trades and institutions. Large wages focuses on workers with high levels of
education and skills.
The introduction of instant photography into her business makes Polaroid an example of disruptive innovation.
<h3>What is disruptive innovation?</h3>
Disruptive innovation serves as a kind of innovation which creates a new market and value network .
This value is usually created into the bottom of an existing market.
learn more about disruptive innovation at;
brainly.com/question/17185200
Answer:
Annual benefit = $3194
Explanation:
Given data:
Period of annuity = 20 years
Total Amount of money at retirement time = $31,360
Rate of interest = 8%
annual benefit can be obtained b using given formula:
annual benefit
PV factor for given 8% rate for 20 year is 9.8181
Annual benefit =