Note amount: $6,000
Interest amount: 8%
Months left in the year: 5
To solve:
Multiply the note amount by the percentage and the amount of months left out of the year.
$6,000 x 8% x 5/12 = $200
Journal Entry:
Interest Receivable $200
Interest Revenue $200
People often have property rights. we can expect economic growth to increase due to an upward movement along the production function.
<h3> </h3><h3>What is property rights?
</h3>
- Property rights is known to be the theoretical and legal ownership of some specific resources and how one can use them.
In economics, property rights is known to be the basis for all kinds of market exchange, and the sharing of property rights in a society influences the efficiency of resource use.
Conclusively, the stronger or the increase in the set of property rights, the more increase the zeal to work, save, and invest, and this in turn leads to a more better operation of the economy system.
See options below
decrease; downward movement along
increase; upward movement along
decrease; downward shift of the
decrease; movement up along
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The amount of times something goes around
EG in business how many times a paper goes round to the public
The practice of selling bonds to raise money is called EQUITY.
Equity is a stock that represents an ownership interest in a company. Buying an equity from a company will give one partial ownership of that company. In future if the company want to close down, the stockholders will be paid first.<span />