Answer:
D. The present value is the value in the future of a sum of money to be received today and in general is less than the future value
Explanation:
14% of $2200 = $308 is the amount of Anita's monthly grocery bill.
Answer: B
Explanation:Sellers of the goods will increase the quantity of the goods supplied in the market.
the shift rightwards is to show that there is a increase in the quantity demanded so the seller will definitely increase the quantity goods supplied.
Answer:
The company records the investment by the entry:
(D) debit Cash and credit Owner's Equity
Explanation:
Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.
In the case, the company that he invested received cash from Mr. Decker.
The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:
Debit Cash $20,000
Credit Owner's Equity $20,000
Answer:
a. $7,382.40
Explanation:
With regards to the above,
Bettina Amman 's average monthly expenditure calculation is shown below;
= Total monthly expenses / Number of months
= $4,356.01 + $9,011.20 + $8,780 / 3
= $7,382.40
Therefore, Bettina Amman's average monthly expenditure is $7,382.40
