Answer:
Having a savings account can contribute to your overall financial well-being by providing you with the security to expect the unexpected, allow you to invest when opportunities arise, provide you with the means to fulfill your dreams, and to give back to your community. I hope it will useful
Explanation:
Answer: Perception of the society towards this.
Explanation:
When citing an industry or production site in a locality most often capital is required to get this done but in many scenario capital doesn't seems to be the problem, as the location where these industry is aimed to be planted may likely have an issue with the residents of that environment as regards planting the industry. Some times these opposition is done for obvious reasons as regards health consideration which comes with noise and air pollution but some other times there may be unjustifiable reasons for these not to be planted, probably due greed or the community seeks a share in the resources or return in investment when the firm is planted in their resident. This is a complex problem.
A simple problem would be closeness to the market. If the product in question is desired by the residents in that area, even though the manufacturer might want to be exporting but it'll be a big plus if the residents consider his products more than the external environment.
Nimby can defined as when an individual or a group opposes a decision for the citing of infrastructure and industies in their environment, claiming them to be hazardous to the residents of the environment.
This comes into play for the complex decision because if those residing in the environment don't give a "go ahead" for planting of the industry it won't be successful.
Answer and Explanation:
The journal entry is shown below:
Cash Dr 30,000
Bank Dr 50,000
To Capital 80,000
(Being cash and bank brought into the business)
Here the cash and bank is debited as it increased the assets and credited the capital as it also increased the equity
The interest amount earned is removed from the accumulated amount of savings because the interest is simple interest.
<h3>What is Interest?</h3>
interest is the percentage amount earned over the savings made and deposited in the account, the interest is a basic market interest rate that is applied to the savings to calculate the amount of interest income for a given period of time.
The savings are deposited and they are applied for the interest rate the interest income is also included in the original savings, then for the next year the interest rate will again be only applied to the original savings amount and not the compounded amount that is the original amount of savings plus the interest earned in the first year.
That is why the interest earned in the first year is deducted from the total savings in the account to calculate the interest income for the second year.
Learn more about Interest at brainly.com/question/17072533
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The country that has a comparative advantage in the production of cuckoos is Germany.
The country that has a comparative advantage in the production of beer mugs is Taiwan.
A country has a comparative advantage in the production of a good if it produces a good at a lower opportunity cost when compared with other countries.
Germany:
Opportunity cost in the production of cuckoo = 1/1 = 1
Opportunity cost in the production of beer mug = 1 /1 = 1
Taiwan:
Opportunity cost in the production of cuckoo = 3/2 = 1.5
Opportunity cost in the production of beer mug = 2/3 = 0.7
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