Answer:
Date Account titles and explanations Debit Credit
December 31 Unearned fees $1,000
Earned fees $1,000
Explanation:
Revenue is only registered when it is undoubtedly received, because of the concept of income recognition. The sum of $1500 is unearned money, because it is merely a credit to deliver the service. $1000 will be registered as salaries at year-end, and the same amount will be deducted from unearned revenue.
Answer: globalization
Explanation:
Globalization is simply the process by which organizations or businesses start
their operations on international scale or start having international influence.
Despite the advantages of globalization such as allowing several goods and services to be affordable in different countries, improvement in productivity, employment opportunities etc, one challenge is that expanding operations in countries where verbal expressions and gestures do not have the same meaning could pose a difficulty.
Explanation:
Annual Percentage Rate (APR). This is the cost of borrowing on the card, if you don’t pay the whole balance off each month. You can compare the APR for different cards which will help you to choose the cheapest. You should also compare other things about the cards, for example, fees, charges and incentives
Annual fee. Some cards charge a fee each year for use of the card. The fee is added to the amount due and you will have to pay interest on the fee as well as on your spending, unless you pay it in full.
Minimum repayment. If you don’t pay off the balance each month, you will be asked to repay a minimum amount. This is typically around 3% of the balance due.
Mass production is a direct result of demand, be from consumerism or during war, supplies.
Mass production exceeding demand levels however is bad for producers, it causes them to be devalued if the demand does not meet supply of the good.
Answer:
c. 10.49%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $964
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 10% = $100
NPER = 15 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is 10.49%