Answer:
True
Explanation:
The liability that has an obligation to pay the debt within 12 month is known as the current liabilities but the obligation to pay the debt above 12 months is known as long term liability
So if the portion of its due in the current year so the same is considered as current liability and rest would be recorded as a long term liability
Hence, the given statement is true
Answer: Apple.
Explanation:
Every business company has a target market for which their products/services are designed for, in most cases the consumers in that market determine the kind of products made by the company, using their demand behavior towards each product.
Apple incorporated an electronic gadget producing company, would target a market comprising of tech enthusiasts when making their new products. Apple would design products that are very appealing to tech lovers.
Answer:
Amount invested that is principal amount will be $3971.137
Explanation:
We have given that Sharon Lee wants to accumulate $10000 by the end of 12 years
Future value A = $10000 after 12 years
Rate of interest is given r = 8%
Time period n = 12 year ( which is required to accumulate the future value $10000)
We have to fond the amount invested, that is principal amount
We know that future value is given by




P = $3971.137
So the amount invested that is principal amount will be $3971.137
Answer: Summary judgment for GMC denied.
Explanation:
- GMC owes a duty to everyone on the highway since the possibility of an accident is apparent.
- There was factual causation: had it not been for the faulty alternator the truck would never have stalled. - This chain of events is entirely foreseeable. GMC need not foresee precisely what happened; only that something like this could happen.