Answer:
Shareholders can have control over business decisions. With a loan, all the owner owes is principle and interest
Answer:
The correct answer is 4.05%.
Explanation:
According to the scenario, the given data are as follows:
Spot rate = $1.73
Expected spot rate after 1 year = $1.66
So, we can calculate the depreciation percentage by using the following formula:
Expected Depreciation = (Expected spot rate after 1 year - Spot rate) / Spot rate
So, by putting the value
= ($1.66 – $1.73) / $1.73
= - $0.07 / $1.73
= - 4.05%
Hence, the depreciation percentage is 4.05%.
Answer:
c. Express agency
Explanation:
An express agency can be defined as a type of contractual agreement between two (2) parties, which typically involves one party being instructed and authorized to act on behalf of the other person, usually referred to as the principal. Express agency is a fiduciary role.
In this scenario, Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their relationship. Thus, the type of agency that has been created between Peter and Brunhilda is an express agency.
Answer:
$1,076,000
Explanation:
The computation of the carrying value of the bonds is shown below:
= Face value of the bond + unamortized bond premium
= $1,060,000 + $16,000
= $1,076,000
We simply added the face value of the bond and the unamortized bond premium so that the carrying value of the bond could come
All other information which is given is not relevant. hence, ignored it
