honestly you would need all of them because they are very important to have as you get older
Answer:
the liquidity preference theory
Explanation:
The theory of liquidity preference relates to the concept that indicates that an investor will accept a lower rate of interest or yield on assets with lengthy-term maturities that come with higher volatility as stakeholders favor cash or other highly liquid resources, all other considerations being equivalent.
As per the liquidity choice principle, brief-term debt interest rate is lower as creditors do not risk liquidity with larger time periods than medium- or longer-term securities. In simple words, As per the liquidity choice principle, the brief-term debt interest rate is lower as creditors do not risk liquidity with larger time periods than medium- or larger-term securities.
Answer:
a. Is there a pain we can alleviate at an attractive price?
Answer:
a. HORIZONTAL METHOD
INCOME STATEMENT
date Income $ - Expenses $ = net income
1 Nov - - - - -
b. adjusting
31 each rent 5,300 - - 5,300
month
c. BALANCE SHEET AS AT 31 DEC
Assets = Equity + Liabilities
+ bank $84,800 - prepaid expense +$84,800
Explanation:
on 1 Nov there is no entry for the amount in the income statement because it is not yet earned only the balance sheet is affected + bank $31800 and + income received in advance ( liability) $31800
each month's rent = $31800/ 6month =$5300
18 months rent = 95400
unearned at december = 18 months - 2 months earned
= 95400- 10600
=$84,800
