A savings account is where you stash funds that you aren't ready to use yet, often with the goal of accumulating more.
<h3>
The account after 10 weeks</h3>
Given Information:
- Deposit=$165.85
- Extra deposit=$20.50
Amount of money after x weeks= 165.85 + 20.5x
After 10 weeks, x = 10 (substitute into equation)
Amount of money after 10 weeks
= 165.85 + 20.5(10)
= 165.85 + 205
= $370.85
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Answer:
Partnership by estoppel means that a person who is not technically a partner can be held liable as a general partner would be for any debts and damages owed to a third party.
A sole proprietorship has the single owner of the business and the main goal of the owner is to increase the value of his capital invested in the business which is also called as Equity.
The objective of maximization include the maximization of net income given the current resources of the firm
A proprietorship has only one owner so there is no need to decrease long-term debt to reduce the risk to the owner.
The proprietor wants to earn more income and he will have to pay more taxes so the goal is not to minimize the tax impact on the proprietor.
Similarly, the goal is also not to minimize the reliance on fixed costs.
Hence the correct answer is:
Maximize the market value of the equity
Answer:
The correct answer would be option C, $435
Explanation:
In real financial banking transactions, Debits are basically the withdrawals and credits are deposits.
Because the problem states that there was an over withdrawal on Thursday but not on Saturday, this means that the ending balance on Thursday was a negative balance. On Saturday, the remaining balance was a positive balance. 500 and 480 as a beginning balance doesn't give a negative balance on Thursday. 400 as a beginning balance gives a negative balance on Thursday as well as Saturday.
Debit Credit Balance
Sunday 435
Monday 158 277
Tuesday 69 44 252
Wednesday 175 77
Thursday 131 38 -16
25 -41 Overdraft fee
Friday 53 12
Saturday 22 14 4
So the correct answer is option C, $435
The answer to the question above is NONE, there is no method(s) of distributing goods and services that satisfies all wants of the people. Wants are in constants change and infinite due to change of demands. Satisfaction of human wants are limited to the amount of natural and human resources availability.