That they are considering opening up a shoe store. Sorry if wrong
The correct answer to the following question is Substitution.
Equity can be defined as the shares or stock that a company issues to the public to get the financing and these stocks represent ownership interest in the company.
Debt can be termed as the amount of money that one party borrows from other party and that has to be paid in future. Almost all companies borrow money from public, or another company or banks to expand their company.
When stocks or anything valuable are exchanged or replaced for one's existing debt , then we call this process Substitution .
Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. Costs are assigned to products, usually in a large batch, which might include an entire month's production.
<span>1. the land squatters occupy is not protected against seizure by someone else.
2. squatters cannot mortgage, or borrow against, the land.
3.</span><span>Squatters cannot legally sell the land they occupy.</span>
Answer:
$13,186.84
Explanation:
Use the Time Value of Money Techniques to Solve the Problem
Pv = $53,000
N = 5
i = 7.75 %
Fv = $ 0
P/yr = 1
Pmt = ?
Using a Financial Calculator, the annual loan payment (Pmt) is $13,186.84.
