Well, outstanding debt is debt you owe to a creditor or multiple creditors. Outstanding debt can be on a credit card, loan or student loan. ... If the amount you owe is close to your credit limit that is likely to have a negative effect on your score.
Answer:
c. Accumulated Depreciation
Explanation:
The balance sheet is used to show the balance of the assets, liabilities and owners equity at a given period.
When a fixed asset is purchased, it is recognized at cost. As it is used, it is depreciated by debiting the depreciation expense in the income statement and crediting the accumulated depreciation in the balance sheet.
Hence the account other than Computers, that should appear on the balance sheet as of December 31, 2016 is Accumulated Depreciation
Answer:
<h2>In this case, the answer would be acquiring or merging with other firms producing related products or services.</h2>
Explanation:
- As mentioned in the question, the market for technical translation software is basically dominated by firms producing differentiated or specialized products and services.
- Now, considering that SpeakEasy is a completely new entrant in the market, it will be extremely difficult for the company to initially compete with the established market leaders or firms dominating the market.
- Hence, SpeakEasy can perhaps consider acquiring or merging with some of the firms producing or specializing in voice-recognition software that will eventually ease the burden of market competition or rivalry for the company and consequently,it can commercially and economically grow and prosper in the market by capturing new customers and expanding market share.
- Mergers or acquisitions, in this case, would help the company to effectively focus on its specialized activities and conducts through knowledge sharing, economies of scale or lower average production cost,transfer or transmission of technological knowledge and exploration of new customer or client bases.
To earn money and be a comfort zone
