They should try to take free online school classes
Answer:
The present value of security is $2300
Explanation:
The value or price of the perpetuity today is calculated by dividing the constant cash flow it provides per period by the interest rate or the rate of return (r). Thus the price of this perpetuity according to the formula will be,
Value of perpetuity = Cash flow / r
Value of perpetuity = 115 / 0.05
Value of perpetuity = $2300
Answer:
See explanation section
Explanation:
When we need to close accounts, we close the income and expenses accounts. The reason to close those accounts is that those are temporary accounts. Drawings and dividends are also temporary as those accounts have to be settled through capital and retained earnings balance. Therefore,
We will close the entries to income summary are -
D. Depreciation Expense
E. Fees Earned
J. Supplies Expense
L. Wages expense.
The entry to close against a capital account is Drawings. Therefore, Jackie Lindsay, Drawing should be closed.
Answer:
Publicity is part of a company's <u>promotion mix</u>.
The choices can be found elsewhere and as follows:
<span>A.) Big down payment,a longer term loan, and a low interest rate
B.) <span>Big down payment, a shorter term loan, and high interest rate
C.) </span><span>Small down payment, a shorter term loan, and high interest rate
D.) </span><span>Small down payment, a shorter term loan, and small interest rate
I think the correct answer is option A. It would be </span></span>Big down payment,a longer term loan, and a low interest rate that would result <span> in the lowest monthly mortgage payment. Hope this answers the question.</span>
