I'm using examples to explain. Imagine you live in Korea and your job location is in Japan. In order to balance work and life, you will be flying back and forth to visit your family and to work. Not only will it be tiring, you are wasting a lot of time on travelling and also wasting money on transport. Find a location nearer to your home can have pros and cons but you will be able to rest earlier when you live near your job location. You wouldn't want to sleep in the train/bus/car/taxi/plane . You might prefer to sleep at home than in public places right?
Answer: $20,600
Explanation:
In calculating the amount of cash that should be reported in the balance sheet as of August 31, we add the deposits Outstanding because that is money that we are getting. We then subtract the checks Outstanding because that is money we are to pay. These are the 2 balances to be concerned with.
The cash balance will therefore be,
= Bank account balance + Deposit Outstanding - Checks Outstanding
= 22,800 + 2,000 - 4,200
= $20,600
$20,600 is the amount of cash that should be reported in the balance sheet as of August 31.
Answer:1. Fixed Cost
...2. Variable cost
3. Farmland.
Explanation:
Fixed cost remains fixed no matter the change in output eg cost of building, whereas a variable cost change as the level of output increase e.g raw material cost.
The land is example of fixed cost to a famer which does not vary with the level of output.
Answer:
Explanation:
Given:
- $12,000 loan => P = 12000
- Annual interest rate of 12.50 percent => r = 12.5%
- Four-year simple-ineterest installment loan => n= 4 years = 12*4 =48 months
So monthly payment = =
and the total interest will you pay over the four years = 4*12000*12.15% = 583.2
APR—Annual Percentage Rate = Interest rates are usually given as an annual percentage rate (APR)—the total interest that will be paid in the year. If the interest is paid in smaller time increments, the APR will be divided up.
Here is is 12.15%