Answer:
The more information a medium sends to the receiver,the richer the medium is considered.
The correct answer is D
Explanation:
A medium is considered to be richer if it sends more information to the receiver.
Answer:
The three C's are Collateral, Creditworthiness, Capacity
Explanation:
The underwriters take a risk to loan you for the mortgage for this purpose they need to verify your paperwork so as to determine your eligibility to get a mortgage, which is based on;
- Creditworthiness: It is your credit score and your account and payment history. It also includes your previous loans and purchases.
- Capacity: It is a check on your ability to repay the loan. It is basically a debt-to-income ratio. The lender goes through your salary, income, expenditure and debts to confirm that you can actually repay the loan.
- Collateral: Literally it means an asset of the borrower kept by the lender as a security of safe return of the loan. in case of house mortgage collateral is mostly 20% down payment of the mortgage being received. If the borrower fails to repay the loan the lender seizes collateral to recover the loss.
Answer:
book error
Interest earned on checking account
collections of accounts receivable by the bank
Explanation:
The Bank reconciliation refers to the rectifying of the statement that works with the bank statement balance and the passbook balance The purpose is to equate these both statements to allow the company to work efficiently and efficient manner
As There are different transactions i.e bank error, NSF check, deposit in transit , etc that depend upon which type of statement it is due to this, the balance of the bank statement and the balance of the cash statement do not match. We modify the transactions accordingly so that these statements should be matched with each other
In order to adjust the book balance we required three items i.e book error, interest earned on checking account and the account receivables collection done by the bank
Answer:
A. $29,000
B. $19,720
C. $69,000
$34,500
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($138,000 - $22,000) / 4 = $29,000
Unit of activity = Cost of asset - Salvage value) / Total working hours
= ($138,000 - $22,000) / 10000 = $11.6
$11.6 × 1700 = $19,720
Double declining method = Depreciation factor × net book value
Depreciation factor = 2 × (1/useful life)
2(1/4) = 0.5
0.5 × $138,000 = $69,000
Net book value = $138,000 - $69,000 = $69,000
Depreciationexpense for the second year = 0.5 × $69,000 = $34,500
I hope my answer helps you
Answer:
It will be double counting
Explanation:
GDP or gross domestic product is the measure of the total value of productions in the economy per period. In calculating the GDP, economists consider only finished products produced within the borders of a country in a financial year.
Second-hand cars cannot be counted in the calculation of GDP because it will result in double counting. GDP is calculated using the income, expenditure, or production approach. The second-hand cars were accounted for when they were purchased or sold for the first time. If the production method was used, the vehicles were accounted for in the year they were manufactured.
