Answer:
C. $6,000; Increase expenses, increase liabilities
Explanation:
The computation is shown below:
= Borrowed amount × rate of interest × given months ÷ Total months
= $400,000 × 6% × 3 months ÷ 12 months
= $6,000
So this $6,000 represent an increase in liabilities and increase in expenses
hence, the correct option is c.
it depends what it is for
In my personal opinion, the correct priority in making a business decision is is priority number 3, Profit - Organization Values - Personal Integrity
The main purpose of doing a business is Profit. If you're doing something for the benefit of others, you could call it charity or donations, but not a business.
Answer:
The costs incurred by the company is the same as the costs of good sold of the company-MNM&Co ,last year.
The costs of good sold=$830,556.01
Explanation:
The detailed computation is found in the excel file attached.
Being that Charles is buying more pairs of jeans than boots at the same price, we can infer that jeans have more marginal utility than boots. People will continue to purchase items (provided budget constraints) until their marginal utility is equal to margin cost.