Answer:
Cash 44,250
Receivables $1,850
Equipment $26,600
Accounts payable 9,000
Capital 60,000
Revenue 8,150
Expenses 4,450
Explanation:
The question is to determine the recording of the transactions above on the Accounting equation
The accounting equation says Assets = Liabilities + Owners' Equity
In this context assets = Cash, Receivables and Equipment
Liabilities = Payables
Owners' Equity = Capital + Revenue - Expenses
The Accounting Equation
ASSETS = LIABILITIES + OWNERS EQUITY
Cash + Receivables + Equip. payable + Capital + Rev - Expens
1. $60,000 60,000
2. $22,000 $22,000
3. $3,100 3,100
4. -4,600 4,600
5 $5,050 5,050
6. -4,450 4,450
7. 3,200 -3,200
8. -13,000 -13,000
<u> 44,250 $1,850 $26,600 9,000 60,000 8,150 4,450</u>
44% annual interest sounds too good to be true, but we'll work with it.
Don't know exactly how much is <span>$12 comma 00012,000.
I will work with $1,000,000 (one million). You can scale the results to the right amounts.
Future value = $1,000,000
i=0.44
n=88
Present value=$1,000,000/(1+0.44)^88=$1.159*10^(-8), not even one cent!
However, if the interest rate is 4% for 88 years (more likely), then
Present value=F/(1.04^88)=1,000,000/1.04^88=$317,000.50.
That's the amount you need to put in today to get $1000000 in 88 years at 4% APR (compounded annually).</span>
The answer is b location of markets
Your KEY word is private. The companies may be limited liability, but because they are private, that means that they are privately owned. Privately owned companies are not traded on stock exchange. Often a corporation will issue stock in what’s called an Initial Public Offering. This is to raise capital and allows anyone from the public sector have access to ownership of the company through buying shares of stock. If the company were privately held, it would be owned by the employees or a few investors or a combination
Answer: True
Explanation: An intimate homicide is a fatally violent attacked caused by someone who is in a deeply personal relationship with the victim. It is important to note that this can be a current relationship or a past one. The main motives of this type of murder are usually because of anger for whatever they feel the victim has done or made them feel, as revenge on the victim because they believe the victim has wronged them, or for some form of profitable gains such as claiming the victim's life insurance.
