Answer:
Explanation:
Income/ (loss) for the year = Equity balance at the end +dividend paid- equity balance at the beginning
=$67,000+22,000-$60,000
=$29,000
Since no additional common stock was issued during the year, $29,000 represents income earned during the year before dividend is paid. After dividend of $22,000 has been paid, the balance of $7,000 profit will be added to retained earnings .
Sole proprietorship has a single owner while partnerships has two or more owners.
The answer to the question is (B) least preferred coworker scale.
Fiedler uses this for his contingency leadership model, which describes how the best leader is the ones who showcased the best behaviors to manage the circumstances that he or she finds themselves in.
The LPC (least-preferred coworker scale) <u>measures an individual’s leadership orientation, where high scores have high human relations orientation and low scorers have high task orientation.</u>
Answer:
The correct answer is letter "C": It decreases the size of your principal and decreases the total cost of the loan
.
Explanation:
Down payments are the initial sums debtors pay when requesting a credit. Down payments are usually mandatory but the debtor can offer the sum voluntarily.
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<em>If the sum provided in the down payment is higher than what is requested, the amount of the principal will be lower. If the amount of the principal is lower, the total of the interest paid in the course to the loan will be lower as well, thus, the cost of the loan will be reduced.</em>
