Answer:
Objectives of accounting in any business are; systematically record transactions, sort and analyzing them, prepare financial statements, assessing the financial position, and aid in decision making with financial data and information about the business.
I hope it will help you
Answer:
C: Prices and output would rise, and the equilibrium will change
Explanation:
Answer:
To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.
Therefore upon calculating the loan after the seventeenth year we have $19252
The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330
Therefore, the balance calculated after the twenty-seventh instalment = $6150
Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.
Explanation:
To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.
Therefore upon calculating the loan after the seventeenth year we have $19252
The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330
Therefore, the balance calculated after the twenty-seventh instalment = $6150
Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.
Answer:
Hie, the question you have provided is <em>missing</em> the Sales figures.
However steps to calculate the accounts receivable turnover are explained below:
Accounts receivable turnover is an activity ratio that shows how <em>effective</em> is the company<em> managing credit extended to debtors</em>.
Accounts receivable turnover = Net Credit Sales / Accounts Receivable
<u>From Our Scenario we have the following</u>
<em>Net Credit Sales = Missing</em>
<em>Accounts Receivable = $25,000</em>
The Ratio is measured in times.
Answer:
D
Explanation: zero, and the supply curve is vertical.
