Borrowers post WWII borrowed in the midst of prosperity. Financial institutions lent more money and borrowers paid it back.
A Financial Institution (FI) is an entity that engages in financial and financial transactions such as deposits, loans, investments, and exchanges.
Financial institutions such as commercial banks. Facilitates bank deposits, safe deposit box services, loans, checking accounts and various financial products such as savings accounts, overdrafts and certificates of deposit. Read more
Financial institutions will offset the expected economic impact of the pandemic by continuing to lend to businesses and consumers, stimulating economic activity and expanding support to those in need can do.
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Answer:
Cash payback period= 3.2 years.
Explanation:
Lets first understand what a cash payback period is. As the name suggest, payback period is the time duration within which a business recovers it's investment and/or capital investment and the payback period is expressed in number of years. The formula for payback period is as follows:
Payback period= initial investment ÷ annual cash-flows
In the question annual operating income is given just for distraction.
payback period = $324000 ÷ 100000
payback period= 3.2 years.
This means if Hayden company decides to invest in the machine, it would recover the cost of machine (i.e it's investment) in approximately three and half years.
Recording the transaction of providing travel services to the travelers, who paid $22,500 with a balance of $4,500 in the books of the Travel Services Corporation include:
Journal Entries:
Debit Cash $22,500
Debit Accounts Receivable $4,500
Credit Service Revenue $27,000
- To record the provision of travel services for cash and on credit.
Data Analysis:
Cash $22,500 Accounts Receivable $4,500 Service Revenue $27,000
Thus, the total service revenue recorded for this transaction is $27,000.
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Answer:
In the world of sports, there is a notorious wage gap between men and women, in which male athletes earn much higher wages than women. Thus, for example, the best soccer player in the world, the Argentine Lionel Messi, earns about $ 100 million a year, while the best-paid female soccer player is the American Alex Morgan, who earns about $ 500,000 a year.
This huge gap has its logic in the world of advertising: men, due to physical and anatomical characteristics, have a better performance in sports in general (with some exceptions), with which their performance is more spectacular than that of female athletes, thus generating a larger audience and, therefore, generating higher advertising revenue. Because of this situation, that is, to generate higher income, it is that male athletes earn more money than female athletes.
In ancient Greece, a group of people living together with the common purpose of taking care of each other through economic activity was called a community. This community was <span>group of folks who are living together and share common interests </span><span>three centuries before the classical age, between 800 B.C. and 500 B.C</span><span>
The group consists of people who are like minded, but still individuals. </span>
