Answer:
The total amount that Rahul owes the bank at the end of the loan's term is $18,455.61
Explanation:
Hi, in order to find the total amount that Rahul will owe the bank in 3 months, we need to use the following formula (this is for a compounded daily rate).
Where:
r = compounded rate (in our case, 10% compounded daily)
n = time in months of the loan
PresentValue = $18,000
Everything should look like this.
So, the total amount that Rahul owes the bank at the end of the loan's term is $18,455.61
Best of luck
Answer:
d. 81
Explanation:
E(number of order) = E(X1) + E(X2) + 21 -4
= 12 + 12 + 17
= 41
Therefore, The store should order 81 .
Answer:
c. $500
Explanation:
A contract is an agreement by two or more parties to perform a.certain activity within a given time.
When contract are breached, the beneficiary has the right to gain back the amount promised.
If the beneficiary can get another option, the other party is obligated to pay the balance.
On this instance Nora had the chance to get a new job at $2,000 salary the balance is $2,500 - $2,000= $500. Since she rejected the job she is responsible for that loss.
However ABC is still liable to pay the balance of $500
Explanation:
Control
Entrepreneurs naturally have long-term vision and find focus on quarterly profits frustrating
As an owner of a privately held company, you have complete authority over operational decisions and don’t have to worry about shareholder expectations and interference. Shareholders in public companies are often focused on current earnings and they can exert tremendous pressure to increase earnings in the short term in order to increase the value of their stock.
Right of Non-Disclosure
Privately held companies are not required to disclose details about their operations that could potentially benefit competitors. The SEC has stringent disclosure requirements for public companies, including the details of investor conferences, research analyst meetings and shareholder discussions.
Confidentiality
Information such as executive compensation, legal settlements and other sensitive information cannot be kept confidential in public companies. Compliance with these SEC disclosure regulations can expose information that you would prefer to keep confidential.
The United States is considered the world's premier free-market economy. Its economic output is greater than any other country that has a free market. 1 The U.S. free market depends on capitalism to thrive. The law of demand and supply sets prices and distributes goods and services.
Answer:
Explanation:
Situation Type Logic
During the audit, a customer with a large A/R balance at year end declares bankruptcy Type 1 Facts were available on balance sheet date
a lawsuit…...thereafter Type 1 Facts were available on balance sheet date
A flood damages….after year end Type 2 Facts were not available on balance sheet date
Conditions that….after the balance sheet date Type 2 Facts were not available on balance sheet date
Additional evidence….balance sheet date Type 1 Facts were available on balance sheet date
