Answer:
A) exchanging partial ownership in a firm
Explanation:
Equity is the basic source of fund for any corporation, it the most initial phase in which equity is issued in exchange of a share of ownership in the company. For this the equity holder pays money to the company.
In this manner there is an ownership distributed for the share of money needed by the company.
This does not involve any statutory return payment on behalf of company in later future. As against it in case of loan, it needs to be repaid.
Equity form of funds do not demand any repayment.
Answer:
Sumner's has a loss of $-7750 from the sale of the equipment
Explanation:
Solution
Given that:
We compute the amount of profit and loss, few steps will be taken which is given below:
Step 1: we compute the book value of the equipment which is shown below:
Book value = purchase price - depreciation claimed
= $79,100 -$39,550
= $39550
Therefore then book value is $39,550
Step 2: we calculate the amount of Sumner's gain or loss which is shown below:
The gain (loss) is = the value (sale) - book value
= $31,800 - 39550
= -7750
Therefore the loss from the sale of the equipment is -$7750
Which implies that Sumner's has a loss of $-7750
Answer:
b
Explanation:
extra cards and id makes it easier for people to steal (pickpocket) and get into accounts and all of the others would make it easy
Answer: The Nominal Interest rate, which is how fast the dollar value of savings grows
Explanation:
Banks advertise the Nominal Interest rate. This is the rate that measures purely, how much return is received or paid if one lends out money or borrows money respectively.
It is therefore the value at which savings grow.
It is not adjusted for inflation yet but when adjusted is called the REAL INTEREST RATE.
It is important to note that when Banks advertise the Nominal rate, it is not yet adjusted for fees or the compounding of interest.
