Answer:
Amortize loan woul´d be the best loan
Explanation:
Even though there are no options in the question, the amortize loan coul´d be the best loan, with equal principal payments.
This one is a scheduled periodic payments that are applied to both principal and interests. This one first pays off the relevant interests expense for the period, and then the payment reduces the principal
Answer:
The correct option is D
Explanation:
Nationalization refers to when a company or industry is taken over by a government. And by doing so the government increases its revenue which is used in serving the state and its people.
Answer:
A.)Employers must match the amount of an employee's contribution to a retirement fund up to a certain percentage of the employee's contribution.
Explanation:
401(k) is defined-contribution retirement account.
Answer:
In this scenario, the measures implemented by Congress will most likely create the fiscal cliff.
Explanation:
In managing an economy, agencies always try to find a balance between growth and inflation. In general, individuals always want a situation where there is economic growth, however if the growth is not controlled it can lead to cases of inflation where the prices of goods and services are too high. There are two major ways in which the economy can be brought to a balance, namely; fiscal policy and monetary policy. Fiscal policy deals with the use of incentive and laws by the government to control the economy. The incentives include; adjusting government expenditure and the taxes. On the contrary, monetary policy is utilized by the monetary authority to regulate the supply of money to the economy.
A fiscal cliff is the use of a combination of tax hikes and cutting expenditure across the board by government agencies to cause severe economic decline.The fiscal cliff was a concept that was to be effected in December of 2012, however, there was concern that using the two combinations might drive the economy which was already shaky to a detrimental end. On the other hand, predictions showed that going through with the idea would reduce the budget deficit considerably.
Answer:
$80,700
Explanation:
A partnership begins its first year with the following capital balances:
- Alfred, Capital $50,000
- Bernard, Capital $60,000
- Collins, Capital $70,000
the partnership's net profits should be allocated the following way (drawings made by the partners should decrease their basis, but since the company made a profit they can be included in this distribution)
net income $60,000
partners' drawings plus salaries:
- Alfred ⇒ $5,000
- Bernard ⇒ $18,000 + $5,000 = $23,000
- Collins ⇒ $5,000
interests owed to partners:
- Alfred ⇒ $50,000 x 5% = $2,500
- Bernard ⇒ $60,000 x 5% = $3,000
- Collins ⇒ $70,000 x 5% = $3,500
the remaining $18,000 should be distributed:
- Alfred ⇒ $18,000 x 30% = $5,400
- Bernard ⇒ $18,000 + 30% = $5,400
- Collins ⇒ $18,000 x 40% = $7,200
Collins's basis should increase by $3,500 + $7,200 = $10,700, ending balance = $70,000 + $10,700 = $80,700
