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REY [17]
4 years ago
10

When evaluating a balance sheet, the two primary questions are ________?

Business
1 answer:
Brilliant_brown [7]4 years ago
4 0

In terms of evaluating balance sheet, the two primary questions that are being formulated are the following;

-          The assets are financially secure or stable

-          The firm has assets that are sufficient and are short term in means of having debts that are only short and temporary.

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Best’s Fried Chicken just took out an interest-only loan of $50,000 for three years with an interest rate of 8.15 percent. Payme
posledela

Answer:

54,075 Payment at Year 3

Explanation:

Because is an interest-only loan:

It will pay the principal completely and the interest for the year.

principal x rate = interest paid

50,000 x 0.0815 = 4,075

+ 50,000 principal

54,075 Payment at Year 3

<u>Remember:</u>

interes-only loan means during the life of the loan the monthly or annual payment are for the interest. At maturity, the principal is fully paid.

4 0
3 years ago
When Congress passed a tariff in 1828, South Carolina tried to nullify it toa. To increase the price of exported and imported go
nalin [4]

To assert the power of the state governments over the national government and to indicate that a state should have the ultimate authority over its citizens

Answer: Option B.

<u>Explanation:</u>

In November 1832, the Nullification Convention met. The show announced the taxes of 1828 and 1832 unlawful and unenforceable inside the province of South Carolina after February 1, 1833. It was declared that endeavors to utilize power to gather the duties would prompt the state's withdrawal.

Calhoun, who restricted the government inconvenience of the duties of 1828 and 1832 and contended that the U.S. Constitution gave states the option to obstruct the authorization of a government law. In November 1832 South Carolina received the Ordinance of Nullification, pronouncing the duties invalid, void, and nonbinding in the state.

5 0
3 years ago
What do you think is the most important skill a judge can possess
Airida [17]

Answer:

The decision making skill because it's hard for a judge to make the right decision.

4 0
3 years ago
Relevant costs for target costing include:
Firdavs [7]

Answer:

Correct answer is D. All future costs, both variable and fixed

Explanation:

In target costing, all future costs both variable and fixed costs are relevant. This is for us to clearly determine the desired profit that the company wants to attain. The process of costing is to determine all future costs that the company will possibly incur in the production and add it to the desired profit margin to know the unit sales price of the product.

5 0
3 years ago
What is included in an individual’s personal finances? Check all that apply.
IrinaK [193]
Money number of dependents career
6 0
3 years ago
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