D. Nine to eleven, a quick google search solves that
Answer:
$41,500
Explanation:
Calculation to determine What was the initial cost of the machine to be capitalized
Purchase price $35,000
Add Freight $1,500
Add Installation $3,000
Add Testing $2,000
Total Cost $41,500
Therefore the initial cost of the machine is $41,500
An externality is defined as the cost or benefit that affects a group when the group did not choose to receive that cost or benefit. This results in either a position or negative consequence based on what happened to a third party that was not origionally involved.
Someone who wouldn't choose to pay for a certain good or service but who'd get the benefits of it anyway is the best definition given to be the answer to this question.
Answer:
fraternal benefit society
Explanation:
The fraternal benefit society is an organization in which the people generally share the ethics, religious views, etc. Also this society provides the insurance to their members
Since in the question it is mentioned that the Edward who is a member of Knight of Columbus i.e. a religious group dedicated a voluntary service in order to give the benefit to society
So the knights of columbus is a fraternal benefit society
Answer:
a. $58,400
Explanation:
A discounted note, will make the person receive a lesser amount than the amount due at maturity. This way the person who grants the note is receiving interest for borrowing.
<em><u>Calculations</u></em>
principal x discount rate x time = discount
<em><u>Where</u></em> rate and time should be expressed in the same metric IE if the rate is annual express time in portion of years if it is monthly, in months.
60,000 x 0.08 x 120/360 = 1,600
Now, we subtract this amount form the nominal:
nominal - discount = net
60,000 - 1,600 = <u>58,400</u>
