Answer: IT WOULD BECOME $2,515 because of the percentage that add.
I HOPE IT HELP
Answer:
Reseller Market
Explanation:
If a fabric company that sources unique materials from around the world, in the past, was focused solely on the business of <u>supplying fashion designers with the fabric they make into dresses</u>; and later took the opportunity to expand the business by <u>supplying stores that sell </u>sewing and craft goods to consumers who sew at home. Therefore the company is expanding from commercial market into reseller market.
The reseller market are buyers <u>who purchase with the intent of selling those products to others.</u> while the commercial market <u>is the sale of products and services to end users </u>
Answer:
year beginning interest payment total ending
balance payment payment balance
<em>1 150000 0 50000 50000 150000</em>
<em>2 100000 10500 50000 60500 100000</em>
3 50000 7000 50000 57000 50000
4. 0 3500 50000 53500 0
b. The balance of the lease liability reported would be $ 150000
Interest payable would be $150000*0.07 = 10500
Explanation:
the opening balance is without the $50000 paid at the beginning of every year.
interest for the previous year is paid on the beginning of the current along with the payment for the year at the beginning.