True because the cost economics is an economic model that includes the cost of negative
Answer: Proxy
Explanation:
The proxy agreement is one of the type of legal or the authorized act which is done of the behalf of another person. By using this type of agreement we can easily done various types of legal formalities in the business management firm.
The proxy agreement should in the written format and specifically signed by the other member or party in the management. The proxy agreement is valid 10 months starting from the the date of issue.
According to the given question, the agreement between the Philip and the Roscoe is basically know as the proxy agreement in the corporation.
Therefore, Proxy is the correct answer.
To know how much you'll have by the end of the 15th year, you need to calculate <span>the future value of an annuity as follows:
</span><span>the future value of an annuity = investment [( 1 + interest)^number of years -1)] / interest
</span>
Substituting with the givens, you can get the future value annuity as follows:
<span>the future value of an annuity = 3500 [(1+0.05)^15 -1)]/0.05
</span> = 75524.97 $
The correct choice is (b)
Answer:
The Company must borrow $5400
Explanation:
To calcualte the amount rewquired to be borrowed, we first need to calculate the cash shortage from the minimum cash requirement.
The cash at the end of the August will be,
Cash at the end = 18300 + 123400 - 137100 = $4600
The minimum requirement is $10000.
The shortage of cash is = 10000 - 4600 = $5400
Thus, the Company must borrow $5400
