The deficit in my third year of college is $600.
Deficit is the amount by which expenditures exceed income. Deficits increases the level of debt because deficit spending has to be funded through borrowing.
Deficit in the third year of college = gap in the third year - gap in the second year
$4,800 - $4,200 = $600
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Answer:
34.04%
Explanation:
Data provided :
Total sales of the Springfield Club = $ 920,000
The net operating income of the company = $ 34,040
The average operating assets of the company = $ 100,000
now,
The return on investment will be calculated as:
Return on investment (ROI)= 
on substituting the values, we get
ROI = 
or
ROI = 34.04%
Answer:
A. Infrastructure
Explanation:
Economic risks refers to the likelihood of a country's macroeconomic conditions affecting investments or domestic/foreign businesses prospect. There are various forms of economic risks. In this case, Infrastructure is the main economic risk affecting the semi-conductor company. Due to the fact that the power grid of south Africa is somewhat reliable and the company needs it for continuous manufacturing process, by moving to south Africa, they bear the risks of infrastructure (economic risks)
Depreciation Expense 3,060
Accumulated Depreciation 3,060
72,200-3,400=68,800/8yr=8,600*4yrs=34,400-72,200=37,800
37,800-7,200=30,600/10yr=3,060 annual depreciation
Investment banks focus primarily on the creation and sale of securities to help companies, governments, and large institutions achieve their financing objectives.
<h3>What are Investment Banks?</h3>
- A provider of financial services that serves as a middleman in significant and intricate financial transactions is known as an investment bank.
- When a young firm is ready to launch its Initial Public Offering (IPO) or when a company combines with a rival, an investment bank is typically engaged.
- Additionally, it serves as a financial advisor or broker for major institutional clients such as pension funds.
- An investment bank's advising division receives compensation for its services. Based on how well the trading division does on the market, commissions are earned.
- As previously mentioned, many also have retail banking divisions that generate revenue by lending money to individuals and companies.
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