Answer:
Yr. amount Interest payment balance
1. 319,500 22365. (77923). 263,942
2. 263,942.18,476. (77,923). 204,495
3. 204,495 14315. (77923). 140,887
4. 140,887. 9862 (77923). 72,826
5. 72826. 5098. (77,923). 1
Explanation:
The interest charge is on the total amount due at the end of the year which is assumed to have been made available to the debtor, the annual payment is deducted from the addition of interest and principal due and the balance due is brought forward to be defray in subsequent years. The balance is expected to show zero but the balance of one shown is a roundup error.
I think the answer is true although i'm not sure. please go back to your lesson and check, everything says there. I'm guessing you are home-schooled so just go through the lesson while doing the test, this way you will know for sure that you got everything right.
Answer:
Operate the business in a manner that promotes the longevity of sustainability effects.
Explanation:
A company's environmental sustainability strategy comprises of different actions that are carried out to maintain an effective environmental management system inorder to ensure that the company increases it's sales and maximises profit. This type of strategy helps to create a long term value for an organization. Examples of practices that companies carry out to ensure a sustainable environment include:
- Recruiting and training employees on different ways to maintain a sustainable environment.
- Creating an effective recycling program.
- Usage of environmental friendly equipments in the organisation.