Answer:
True
Explanation:
It is responsibility and duty of leaders to know about all circumstances and situations , Leaders needs to plan before any bad things happen to Company. If he did not do such thing , may be failure outcome happen.
Answer and Explanation:
The computation is shown below:
a. For the maximum amount that spend each month on mortgage payment is
= Gross annual income ÷ total number of months in a year × mortgage payment percentage
= $39,600 ÷ 12 months × 28%
= $924
b. . For the maximum amount that spend each month on total credit obligatons
= Gross annual income ÷ total number of months in a year × mortgage payment percentage
= $39,600 ÷ 12 months × 36%
= $1,188
c. Now the maximum amount spend for all other debt is
For monthly mortgage
= $924 × 70%
= $646.8
And, for mortgage debt
= $1,188 × 70%
= $831.60
Answer:
C. low-income countries characterized by limited industrialization and stagnant economies
Explanation:
Emerging markets are economies of developing countries. They are traditional economies based on the export of raw material and subsistence agriculture. Emerging markets are trying to move away from these types of economies by investing in manufacturing and adopting mixed economy models. Emerging markets are transitioning from low income and less developed to industrialized economies with higher standards of living.
Lower than average per capita income characterizes emerging markets. They also experience moderate economic growth compared to the developed economy. However, emerging markets are presenting investors with an opportunity for high returns due to their rapid growth.
Answer:
a. $118,000
Explanation:
When preparing a cash flow statement, using indirect method we add decrease in current assets and we deduct increase in current assets.
Here it is provided that income reported = $110,000
Opening balance of accounts receivables = $40,000
Closing balance of accounts Receivables = $32,000
Change in Accounts receivables = Closing - Opening = $32,000 - $40,000 = - $8,000
Therefore there is decrease in accounts receivables which is a current asset.
Thus Cash Flow from operating activities
Net Income = $110,000
Add: Decrease in current assets = $8,000
Net cash flow from operating activity = $118,000
Correct option is
a. $118,000
