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Soloha48 [4]
3 years ago
6

John Hamilton narrowed $500.000 from stone creek bank to open a new restaurant called sauce it up. John transferred $450,000 of

the cash he narrowed to the restaurant the first day of the year. How many reporting entities exist in this scenario?A- one reporting entityB- two reporting entitiesC- three reporting entitiesD- four reporting entities
Business
1 answer:
Ksenya-84 [330]3 years ago
8 0

Answer:

C) three reporting entities

Explanation:

A reporting entity is the same as an accounting entity, and it refers to a business or individual that must keep ts own accounting records. The entity must engage in separate activities and have separate obligations than other entities.

In this case:

  1. the Stone Creek Bank is one entity that borrowed $500,000
  2. John Hamilton is another entity because he borrowed money from the bank and is responsible for paying it back
  3. Sauce It Up restaurant is another entity that was created by John Hamilton, and received $450,000

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Why did many conservatives oppose affirmative action?.
Sergeeva-Olga [200]

Answer:

Explanation:

El conservadurismo social o socialconservadurismo es esa parte del pensamiento conservador que se refiere a la ideología o una creencia personal, que sugiere que el individuo es un ente eminentemente social y que, como tal, no puede ser concebido sino en relación a una comunidad, especialmente a los aspectos morales

3 0
2 years ago
Read 2 more answers
If you intend to purchase Tata Nano, describe the stages in the purchase decision process.
fiasKO [112]

The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.

<h3>What is a purchase?</h3>

A purchase refers to the action of buying something. Purchasing is considered an important course of action.

There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.

The five stages are

  • Problem recognition- It is the most basic step that ensures if there is a need for purchase.
  • Information search- The next step is to search the information related to the Tata Nano
  • Alternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.
  • Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people.
  • Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.

Learn more about the Purchase decision process here

brainly.com/question/26517026

6 0
2 years ago
1. What is an annual percentage rate?
Maksim231197 [3]
A credit card's interest rate<span> is the price you pay for borrowing money. For credit cards, the interest </span>rates <span>are typically stated as a yearly </span>rate. This is called the annual percentage rate<span> (</span>APR<span>). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

Hope this helps! :)</span>
6 0
3 years ago
Marshall has received an inheritance and wants to invest a sum of money today that will yield $4,800 at the end of each of the n
In-s [12.5K]

Answer:

B

Explanation:

We are to find the present value of the annuity

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow each year from year 1 to 10 = $4,800

I = 5%

Present value = 37,064.16

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
3 years ago
Suppose your expenses for this term are as​ follows: tuition:​ $12,000, room and​ board: $6,500, books and other educational​ su
kiruha [24]

Answer:

The opportunity cost of going to college this​ term, assuming that your room and board expenses would be the same even if you did not go to​ college is $24,000.

Explanation:

Opportunity cost = income forgone + tuition + books- income earned

                            = $14000 + $12000 + $1500 - $3500

                             = $24000

Therefore, the opportunity cost of going to college this​ term, assuming that your room and board expenses would be the same even if you did not go to​ college is $24,000.

5 0
3 years ago
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