Explanation:
<u>advantages</u>
.Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.
Money gives you the power to pursue your dreams.
Money gives you freedom.
Money gives you security.
<u>disadvantages</u>
•Money can lead to disagreements.
•obsession with money, or a love of money, can create a host of problems.
The asnwer to this question is <span>kinesthesia
</span>kinesthesia refers to the concious movement of <span>the parts of the body by means of sensory organs in the muscles and joints area.
In specific type of sport such is cycling, this movement focused on the joint and muscle positioning that is done in order to leverage enough force to turn the wheel.</span>
Answer:
1.Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2.Interest expense 28,800
Principal Reduction 61,364
Explanation:
MM Co.
1 . Journal entry
Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to
Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.
Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2. Calculation of the amount goes toward interest expense and Principal reduction
Interest expense 28,800
(360,000*8%)
Principal Reduction 61,364
(90,164-28,800)
Sometimes development aid goes toward disaster relief. For example, after the Indian Ocean tsunami of 2004, non-governmental organizations helped devastated countries to rebuild.
Based on your understanding of the chapter, which of the following statements are true of foreign aid? (Select all that apply).
A. Foreign aid is inefficient when it is given directly to an extractive government.
B. Foreign aid is efficient when it is directly used to rebuild capital and promote growth in an economy.
C. Foreign aid is efficient when it is given directly to an extractive government.
D. Foreign aid is inefficient when it is directly used to rebuild capital and promote growth in an economy.
Answer:
Option A & B is correct
Explanation:
- corruption within the government affects the proper use of aids for that which it's designated for( diversion of funds to personal accounts of government officials in charge e.g mobutu of Zaire.)
Foreign aid is a powerful tool which can be used to mediate failure of market mechanism and boost economic growth by facilitating productive investment in key areas of the economy.
Answer:
$448,800
Explanation:
The computation of the ending balance of PBO is shown below:
Beginning balance of PBO $390,000
Add: Service cost $92,000
Add: Interest ($390,000 × 12%) $46,800
Less: Pension Benefit paid ($80,000)
Closing balance of PBO $448,800
We simply applied the above formula to find out the ending balance of PBO
