Answer:
The man will made 15 drawins for 31,468 at their retirement age.
Explanation:
We solve for the future value of the annuity-due (deposits at the beginning)
C 1,000.00
time 25
rate 0.04
FV $375.1168
Now, we calcualte the amount of the withdrawals considering the new rate:
C $ 31.468
Answer:
The correct answer is C
Explanation:
Bank asset is the assets which represent the ownership of the value capable of being converted into cash. So, the reserve which the banks hold or refrain from using will be classified as the asset for the bank. And the deposit made by the customer will be classified as the current liability as the bank allows the customers to use their deposits whenever they want to use.
Therefore, the reserve is a part of bank asset whereas the deposits will not be a part of bank asset.
Answer: Avoiding the use of fossil fuels
Explanation:
There are four principles of Organic Farming which are as follows :-
1. Such farming should sustain and enhance the health of soil, plants, animals as well as of humans.
2. Such farming should be based on the living ecological systems and cycles and help sustain them.
3. Thus kind of farming is build on relationships that ensure fairness with regard to common environment and life processes.
4. Such farming should be managed in a precautionary and responsible manner to protect the health and well being of current and future generations.
Hence the correct option is A .
Which accounting principle dictates whether the cost of a repair should be expensed?
d. matching
As per matching concept, All revenues have to be recorded along with expenses incurred to earn those revenues. Thus, revenues need to be accounted.
Answer:
the dividend paid to preferred stockholders and paid to common stockholders is $21,000 and $2,000 respectively
Explanation:
The computation of the dividend paid to preferred stockholders and paid to common stockholders is shown below:
For preferred stockholders
= (2,000 × 7% × $50) × 3 years (2019,2020 and 2021)
= $7,000 × 3 years
= $21,000
And, for common stockholders
= $23,000 - $21,000
= $2,000
Hence, the dividend paid to preferred stockholders and paid to common stockholders is $21,000 and $2,000 respectively
