Jack is making an assumption while john is making a believable excuse
Brenda is practicing stimulus control
Hope this helps, Happy Valentines day (:
Answer:
$30,604
Explanation:
The computation of the interest expense for the year 2020 is as follows:
2019 interest expense is
= Equipment amount × rate of interest
= $311,967 × 9%
= $28,077
The Dec 31 2019 liability of book value is
= $311,967 + $28,077
= $340,044
Now the interest expense for the year 2020 is
= $340,044 × 0.09
= $30,604
Answer and explanation:
Location is one of the many factors businesses must consider at the moment of starting operations. Commercial areas tend to have higher rent and property prices. Typically, businessmen deal with it by increasing their products price so they can cover expenditures and make a profit. At the same time, most consumers are willing to pay the higher price for the product because it removes the need for relocation even if it could imply moving one or two blocks away.
Answer:
The rate of return is 21.26%
Explanation:
Before calculating the return in percentage terms, it would be more appropriate to start with computing the return on the mutual fund in dollars ' terms.
Return in dollars terms;
Net Asset Value on 31 December 2019 $19.47
less
Net Asset Value on 1 January 2019 ($17.50)
return on NAV $1.97
Add:
Income distributions $0.75
Capital gains distributions $1.00
Total return on mutual fund $3.72
Rate of return=total return mutual fund/Opening net asset value
rate of return =$3.72/$17.50
=21.26%
