Answer:
increase assets by $13,000, increase liabilities by $13,000 and have no effect on equity.
Explanation:
Given that
The total cost of purchase of delivery truck = $15,000
Cash paid = $2,000
The accounting equation equals to
Total assets = Total liabilities + owners equity
The remaining amount left would be equal to
= $15,000 - $2,000
= $13,000
So it would increase the assets for $13,000 as the delivery truck is purchased plus there is also an increase in liabilities for $13,000 as it signed a note payable and there is no effect on equity
Answer:
Total FV= $46,008.31
Explanation:
Giving the following information:
Deposit 1= $12,000
Deposit 2= $15,000
Deposit 3= $10,000
Interest rate= 0.055
<u>To calculate the future value, we need to use the following formula on each deposit:</u>
FV= PV*(1+i)^n
FV1= 12,000*(1.055^5)= 15,683.53
FV2= 15,000*(1.055^4)= 18,582.37
FV3= 10,000*(1.055^3)= 11,742.41
Total FV= $46,008.31
I think the correct answer from the choices listed above is option A. It is important to periodically remind the team of the organizational goals in order to <span>keep the daily activities on track by focusing whether they support the goals. Hope this answers the question. Have a nice day.</span>
The answer is price sensitivity
I hope that helped
Discipline is important for entrepreneurs because (C)entrepreneurship requires more work than any other profession
Explanation:
Entrepreneurs are the individual who come up with their own ideas ,they know what they want to do, but their knowledge lacks in term of
- How to market their product
- What price should the product be made available
- What are the consumer segment they want to target
- What will be the USP of their product
- What platform they will make use of to sell their product
In order to answer all these question a entrepreneur requires to work harder than the other professionals.
<u>The other professional </u>already have a business set-up ,target audience,they have a well developed market in which they want to cater ,so they don't have to put in much effort .
