Answer:
1. Positive Externality ; 2. Negative Externality ; 3. Positive Externality.
Explanation:
Externalities are benefits or harms to other parties , without payment received or made for them respectively.
Positive Externalities : Externalities positively effecting others. Eg-Education
Negative Externalities : Externalities positively effecting others . Eg-Pollution.
1. Bridal Shop's signage facelift creates benefit for other strip mall businesses also (better business visibility), without former receiving money & latter paying money.
2. Local church celebration creates benefit for all attendants (recreational benefit) ,without former receiving money & latter paying money.
3. Local School bus ramp construction creates harm for commuters of that area (traffic inconvenience) , without former paying money & latter receiving money
Answer:
save each year to reach their goal is $2152.48
save each year to reach their new goal is $2869.97
Explanation:
given data
amount saved = 120,000
Rate of Interest earned = 12.0 %
time = 18th birthday
solution
we consider here annual savings is = P
we use here formula for future value of annuity that is
future value of annuity = P ×
................1
here r is rate and n is time period
put her value
$120,000 = P ×
solve we get P = $2152.48
save each year to reach their goal is $2152.48
and
for $160,000 at 18th Birthday
we consider here annual savings = P
so from equation 1
we put here value
future value of annuity = P ×
$160,000 = P ×
solve and we get P = $2869.97
save each year to reach their new goal is $2869.97
Answer:
Trade credit
Explanation:
Trade credit is a financial tool which buyer is allowed by supplier to buy now and pay later. Payment date is pre-decided. It is generally used for financing on short term basis.
Answer:
Debit : Rent Expense $1,660
Credit : Prepaid Rent $1,660
Explanation:
The January 31 adjusting entry for rent expense would include a Debit to Rent Expense and Credit to Prepaid Rent - Asset Account at an amount of $1,660.
Calculation :
Rent Expense = 1/12 x $19,920 = $1,660
Answer:
The correct option is B
Explanation:
People who collaborate or collude might not always be motivated or encouraged by the same goals. In fact, for a business or firm to succeed, it need to work towards a number of goals or multiple goals which sometimes are in a competition with each other. Therefore, people need to recognize that they have different goals so that they could determine the priority or to find a solution which addresses both the goals.