Answer:
12%
Explanation:
Calculation for what is your rate of return in this investment.
Using this formula
Rate of return=Amount paid a year /Amount invested in
Perpetuity fund
Let plug in the formula
Rate of return=$3,000/$25,000
Rate of return=0.12*100
Rate of return=12%
Therefore the Rate of return will be 12%
A
A price is at "quilibrium price" is when demand of quantity and supply are equal.
Answer:
Estimative Language
Explanation:
To create confidence in their judgements, they use three different levels of information. They are:
- High confidence judgement which generally comes from a trustworthy source of information, that means when the source is of good quality the information is of high reliability, although the information might be wrong sometime.
- Moderate confidence means although the information is credible but it is not a good source to rely on and the quality of work might be low.
- Low confidence shall possibly mean that the information is not of good credibility or the sources are not secure enough.
The most suitable strategy for all parties to communicate is by using a videoconference in which allows all of the people to have a meeting and to be able to see each of the people involved in a meeting. Using a conference call may also be useful but the lacking of it is that you may not be able to see the people you're talking to. Other choices aren't suitable as this will not allow you to talk to everyone all in the same time.
Answer:
Utility expense Dr. $200
Accounts payable Cr. $200
(To record the entry for electric expense)
Explanation:
Given the amount of the invoice = $200
The expenses like Electricity expenses come under utility expenses so the incurred electricity expense will show that the utility expenses are debited and account payable is credited. Here the account payable is credited because the is not paid.
Thus, below is the entry as on 30th November.
Utility expense Dr. $200
Accounts payable Cr. $200
(To record the entry for electric expense)