Answer:
The given statement is "True".
Explanation:
- The budgeting process for something like a commercial enterprise has always been based on the most recent financial statement of an organization, investment money as well as distribution channels, business objectives as well as the viewpoint in which the industry operates.
- So that the spending plan is generally more accurate unless all agencies and therefore all top executives are actively engaged.
The company plays $33,500 to tear down the old buildingand $47,000 to landscapethe lot. It also pays a total of $1,540,000 in construction costs-this amount consists of $1,452,200 for the new building and $87,800 for lighting andpaving a parking areanext to the building. Prepare a single journal entry to record thesecosts incurred by Cala, all of which are paid in cash.Cost of LandPurchase price for land$280,000Purchase price for old building$110,000Demolition costs for an old building $33,500Fill and level the land$47,000Total cost of land$470,500Cost of New building and land improvementsCost of new building$1,452,200Cost of land improvements<span>$87,800</span>
Answer:
$279.53
Explanation:
The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:
Principal paid =
$47.67+$47.23+$46.80+$46.37+$45.94+$45.52
=$279.53
Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.
Answer and Explanation:
The answer is attached below
Answer:
Bonds
Explanation:
Bonds fit all of Marlon's needs since:
- He can know the interest rate up front, e.g. the coupon rate of the bond, or the market rate if the bond is purchased at a premium or discount.
- Some bonds have a very remote maturity date, up to 30 years (e.g. US securities) and that is a long period of time.
- Even though Marlon can cash his money before the bond matures (he can sell them), it is something that takes a few days and must be done by a broker.
- Bonds are very secure investments, specially US securities which are considered the most secure investment in the world, but even corporate bonds are considered secure. In case the firm goes is liquidated, bondholders receive their money before preferred stockholders and common stockholders.
