Option (d) the amount owed on a liability is correct.
Paying an amount on account reduces the amount owed on a liability.
<h3>What is liability?</h3>
- A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.
- There are various ways to define a liability's duration. The average duration (or mean term) of the liability is what is typically meant by the term "duration of liability" in actuarial valuation. In other terms, it refers to the typical rate of a liability's repayment.
- Liabilities can be used by businesses to increase liquidity if they are having cash flow issues. Most small and medium-sized enterprises lack the financial resources necessary to grow.
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Answer:
12,000
Explanation:
The aggregate amount of revenue of the stadium is $300,000 from which they have $180,000 from the stadium parking lot which has 12,000 cars inside it. So, it is $12,000 × $15 is equal to $180,000.
So, remaining will be
= $300,000 - $180,000
= $120,000
This amount needed for attaining the revenue.
So, from satellite, they revenue of $120,000. So, the number required to make it this amount is computed as:
= $120,000 / Rate of parking
= $120,000 / $10
= 12,000
Answer:
No
Explanation:
Stella doesn't make over 12,000 dollars.
Answer:
See the attached photo for the graph for the loanable funds market
Explanation:
Note: See the attached photo for the graph for the loanable funds market to represent this scenario.
In the attached photo, the equilibrium quantity of loanable funds is on the horizontal axis, while the interest rate is on the vertical axis.
The graph shows that there is a positive relationship between the equilibrium quantity of loanable funds and the interest rate. That is, as the interest rate rises, the equilibrium quantity of loanable funds also rises.
Answer:
The answer is: Wrongful interference with a business relationship
Explanation:
Wrongful interference with a business relationship is a type of tortious interference.
Wrongful interference happens when someone deliberately interferes with a contract or expectancy of a contract, causing damage to one or more parties involved in the contract.
The party (or parties) that suffer damage caused by the wrongful interference, can sue for damage compensation.
In this case, the coach wrongfully interfered in the business relationship Hanson had with the soccer team members, so eventual Hanson could sue the coach.
