Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
<u>explicit</u>, <u>accounting</u>
Explanation:
Costs can be categorized into two kinds, explicit costs and implicit costs.
Implicit costs take into consideration those costs which are not actually incurred such as opportunity costs. Those costs represent a cost in economics but not in accounting.
Accounting is only concerned with journalising and recording of explicit costs which are the costs which are visible and which have been actually incurred.
Owing to this difference in recognition of costs, accounting and economic profits differ.
Explicit costs owing to this very reason are sometimes referred to as accounting costs.
Wouldn't it be available credit line because that =5,ooo$ and you were asking what the principle was so i think it's available credit line.
Hope I helped :)
Because shares of stock can be bought in tiny increments, even novice investors can take part in corporate fund-raising efforts.
<h3>What do you mean by corporations?</h3>
A corporation is a business entity whose shareholders elect a board of directors to run its affairs. The corporation, not the shareholders, is in charge of the company's activities and financial situation. a large company run by a collection of companies as a single unit: a multinational corporation. UK Broadcasting Corporation
<h3>What is the importance of corporations?</h3>
In order to create value over the long term, a corporation must conduct legal, moral, profitable, and sustainable business practises. This necessitates taking into account the stakeholders who are essential to its success (shareholders, employees, customers, suppliers, creditors, and communities), as determined. A corporation protects its owners' personal assets from liability more than any other type of entity. For instance, even if a company's assets are insufficient to cover its debts, its investors will not be held personally liable in the event of a lawsuit.
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