Answer:
Today's organizations can be divided into three groups, which are-Profit, Nonprofit, and Governmental organizations.
Explanation:
For-profit businesses, non-profit organizations, and governments can all play unique and valuable roles in society. However there are certain challenges that are best addressed by cooperative ventures involving all three sectors.
Answer:
There will be 7 months of repayment for fully paying-off the outstanding amount.
Explanation:
We apply the present value formula to calculate the number of month it takes to paid off the outstanding amount.
We have:
Monthly payment = $400; Discounting period = number of months needs to paid off the amount; Discount rate = 13.99%/12
So, we have: 2,455.44 = [400/(13.99%/12)] x [1 - (1+13.99%/12)^(-n)] <=> [1 - (1+13.99%/12)^(-n)] = 0.071566 <=> (1+13.99%/12)^(-n) = 0.928434 = <=> n = 6.4
=> There will be 7 months of repayment for fully paying-off the outstanding amount.
Answer:A. A liability amount placed in the Income Statement Credit column.
Explanation: A balance sheet is a financial statement which contains a report of what a business owes(debts), what a business owns(credits) and the total amount or value of the shareholders investments. It helps businesses to calculate or determine it's financial status.
Errors can be encountered while preparing balance sheet,by recording the Liability or debt in the income or credit column of the balance sheet.
Answer:
Price level may increase or decrease and output decreases.
Explanation:
The price level is determinated bu the money supply and demand. A single price, in this case oil, cannot determinate prices or we end up in a loop.
So this is insufficient information to determinate the price level.
While the income decrease at a worldwide level will make the output of the economy even lower.
