The answer to the question above is "$500 per month monetary cost but a $1500 per month opportunity cost" based on the situation shown in the question above. The monetary cost is the certain amount which Jeanne will receive. The opportunity cost is the return which Jeanne could receive if she did not rent the house to his brother.
Answer: UHM I guess I-
Explanation:
Answer:
B. Net income and assets will be overstated by $40,000.
Explanation:
given data
purchased 1 year insurance policy = $60,000
solution
we know that here policy have expired in
policy expired = 8 months
so here Expired insurance at year end as
Expired insurance at year end = $60,000 ×
Net income and assets overstated = $40,000
it is an expense and when not recognized then these both net income and assets will be overstated
so correct option is B. Net income and assets will be overstated by $40,000.
Answer:
For example, it's really easy to finance while buying in an existing business while starting a new one. In Addition tons of bankers and investors all around the world would feel more comfortable dealing with a business that already has had a proven track record.
Explanation: