Answer:
The journal entry for the issuance and the proceeds of the note is shown below:
Explanation:
Cash A/c.........................Dr $600,000
Notes Payable A/c......Cr $600,000
The givens company received a amount of $600,000 from the bank, so cash is increasing and increase in cash is debited. Therefore, the cash account is debited. Whereas, the cash against a note payable, which increases the liability and any increase in liability is credited. Therefore, notes payable is credited.
An entrepreneur looking for financing to get her small, personally-owned business up and running should probably consider a venture capital
.
Option D
<u>Explanation:
</u>
Venture capital (VC) is a method of funding that is made available to micro, early-stage and developing businesses by corporations or funds with a high potential for success or development (within employee numbers, annual income, or both).
Example:
Pepperfry, India's biggest furniture e-market brought up USD 100 million in a New session funding led by Goldman Sachs and Zodius Technology Fund. Pepper fry is expanding its emissions by adding to its increasing fleet of supply automobiles in Level III and Level IV cities.
This will also open up new distribution centres and extend its network of carpenters and assemblies. This is a business based e-commerce player's first quantum expenditure in India.
Answer:
Structured analytic techniques (SATs) are the ways which coherent thought are analysed in a systematic and transparent way so as to share and be critiqued by others.
Intuition Assessment on the other hand, is the way a person reacts to his Intuition and chooses to act on them.
SATs are more useful when it comes to analytical or logical decisions while IA is useful in making in the spot decision based on gut feelings.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Value at 18= $4,909
Interest rate= 3%
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
A) Number of years= 7
FV= 4,909*(1.03^7)= $6,307.45
B) Number of years= 47
FV= 4,909*(1.03^47)= $19,694.39
C) Finally, we need to determine the original investment. We need to isolate the present value from the formula:
PV= FV/(1+i)^n
PV= 4,909/(1.03^18)
PV= $2,883.52
