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Darya [45]
4 years ago
15

Why do so many people borrow money for large purchases instead of using sinking fund?

Business
1 answer:
yawa3891 [41]4 years ago
4 0

I think that most of the people borrow money for large purchases instead of using a sinking fund because if you need money immediately borrowing money is a simple and easy thing, it takes less time whereas if you use sinking fund, it will take more time because for this you have to make plans earlier but it is a safe and protected method for clearing the debts.
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3 years ago
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Answer:

100% will be included in the Income Statement

Explanation:

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3 years ago
White Company's wages payable account had a beginning balance of $3,757 and an ending balance of $2,070. During the year, wages
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Answer:

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We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago
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if business owners want to maximize the value of the company, they should invest in projects that have the .
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