Answer:
The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.
Explanation:
In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.
Answer:
Explanation:
The journal entry is shown below:
Inventory A/c Dr $73,500
To Accumulated depletion A/c $73,500
(Being the depletion is recorded)
The computation is shown below
First we have to compute the depletion per ton which is shown below:
= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)
= ($400,000 + $100,000 + $80,000 - $160,000) ÷ (4,000 tons)
= $105
Now if 700 are extracted in first year, so the depletion would be
= 700 × $105
= $73,500
Answer:
1.88 years
Explanation:
Payback period is the time in which a project returns back the initial investment. Initial Investment is recovered within the first two annual Cash inflows.
Payback Period = 1+0.88 = 1.88 years
All the working are made in the MS Excel File attached with this answer, pleas find it.
She should not have volunteered to be in a psychiatric hospital. People who are classified as "mentally sick" frequently elicit unfavorable responses.
Employment means having a job that is paid against the work you do. Employees are employed by an employer. As in We're striving to boost our employment of women, the term "employment" can also refer to the act of hiring individuals.
A wide variety of mental health conditions—disorders that impact your emotions, thinking, and behavior—are referred to as mental sickness, sometimes known as mental health disorders. Depression, anxiety disorders, schizophrenia, eating disorders, and compulsive behaviors are a few examples of mental sickness.
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Answer: OPTION A , B , D
Explanation: In simple words, money can be defined as any thing through the exchange of which an individual can purchase any commodity he desires and for the exchange of which he can sell any commodity he wants. Cash, coins , bank check and credit cards are modern forms of money.
A. Money serves as a standard unit for all goods hence option A is correct.
B. Money can be exchanged for every commodity available hence option B is correct.
D. Money is non depreciable asset hence it can be stored for future use leading to increase in wealth. Hence option D is correct.