Answer:
12.18%
Explanation:
Present value = $34,700
Future Value = $173,500
Time (n) = 14 years
Interest Rate = i
Future Value = Present Value * (1+i)^n
$173,500 = $34,700 * (1 + i)^14
(1 + i)^14 = $173,500/$34,700
(1 + i)^14 = 5
1 + i = 5^(1/14)
1 + i = 1.1218284
i = 1.1218284 - 1
i = 0.1218284
i = 12.18%
So, the annual interest rate she must earn is 12.18%.
Answer:
B
Explanation:
As long as the joke is good
Answer:
a - Advantage
b - Advantage
c - Advantage
d - Advantage
e - Disadvantage
f - Advantage
g - Advantage
Explanation:
To begin with, most of the statements are advantages of the corporate form of business due to the fact that they describe and show how that type on entity has better ways to run business when it comes to comparing with other forms. Therefore that the fact of having ownership and management separated allows the business to have a better organization when it comes to the decision making process. Also the fact that stockholders' liability is limited so they do not are in danger beyond their participation in the company and so on with the other statements. The only statement that show a disadvantage is the one that states that the corporate form is exposure to double taxation so that implicates to pay more taxes and that generate money issues for the company.
Answer:
Land - cash = Total liabilities
Explanation:
As we know that
Total assets = Total liabilities + stockholder equity
Where,
Land = $24,000
Cash = $6,000
And long term liabilities = $18,000
So, the equation would be
Land - cash = Total liabilities
$24,000 - $6,000 = $18,000
$18,000 = $18,000
So by this we can match and balanced our company balance sheet as we see that the amount are equaled and matched.
