Answer:
The correct answer is option E.
Explanation:
The term capital refers to the machinery and equipment that are used to produce goods and services. These things are long lasting and are not exhausted in the production process.
It is one of the four factors of production and essential for production of goods and services. It is already produced durable good.
Financial securities such as stocks and bonds are financial capital and are different from capital goods or capital assets.
Answer:
The balance in Eve's prepaid insurance account as of December 2021 is $18000 as shown below.
Explanation:
The balance of prepaid insurance would be the balance left after 12 months expense has taken from both amounts
Liability policy $36000*6/18=$12000
Crop damage policy $12000*12/24=$6000
Balance of prepaid insurance $18,000
The balance of $18000 would be left in the prepaid insurance account,whereas the balance damage crop policy account would be enough for the coming year, there is a need for 6 months insurance policy payment in respect of liability policy in the year 2022
Investing money is always good when the stock market is good
Answer:
The planning function of management includes establishing goals and standards, developing rules and procedures, and developing plans and forecasting
Explanation:
Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives.
