I believe the answer is: Germany owed large debts to other countries after World War I
After being forced to surrender in world war I, the Allies forced Germany to pay back all the expense that other countries have to made due to the war that Germany initiated as their term of surrender.
This caused a massive increase in Germany's national debt and caused a downturn in their economy.
B. is never negative. is your correct answer! Please mark brainliest! :) Have a nice day!
Answer:
The answer is: true
Explanation:
Rational behaviour entails making decisions or taking actions that result in maximising utility or satisfaction. The time value of money dictates that the opportunity cost of foregoing earning potential today is the interest accrued on the savings for future use. A rational consumer who wants to maximise utility will always take the $2,000 dollar cash back since the implicit interest incurred by taking the 0% financing results in a lower future value (in 5 years).
Answer:
assets, liabilities, common stock, retained earnings, dividends, revenues, and expenses
Explanation:
General Ledger accounts are prepared to sort and summarize various accounts.
The order followed while presenting general ledger accounts has balance sheet items i.e assets and liabilities presented first followed with income statement items.
Assets and liabilities come first. Assets refer to items of value or something that yields future benefits. Liabilities refer to obligations which are owed and need to be discharged in future.
Retained earnings refer to retained profits which are pumped back into the business.
Revenues and expenses are costs or incomes arising out of routine business activities.
Answer:
The total cost of vacation pay and pension rights to be recognized the first year is $0
Explanation:
The vacations are expected to be taken the following year for which the vacation pay would be made and the pension rights are expected to be paid over the next 5-30 years. So, no cost is recognized in the first year