It is indeed reasonable.We know this because interest rates rise when the economy is booming and fall when the economy goes into a
recession which is known as procyclic movement. What happens is that during recessions the government usually tries to keepcinterest rates low in order to stimulate investment. It is good because bond prices <span>and interest rates go in opposite directions so bond prices will rise when recession starts. </span>
Answer:
d. Emeralda from " Clean as a Whilte Co." runs over patty Pedestrain in the dealership's parking lot.
Explanation:
Liability is the degree to which a person is responsible for injury that happens to another party in a lawsuit. Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and "Clean as a Whistle Co." as cleaners.
Peter will be least liable if Emralda from "Clean as a Whistle Co." runs over Patty I'm the dealership's parking lot.
This is because Peter hired the company as a seperate entity from the cleaning company employees. The conduct of employees from the cleaning company is responsibility of "Clean as a Whistle Co."
Answer:
Monthly deposit= $485.93
Explanation:
Giving the following information:
You want to retire exactly 35 years from today with $2,020,000 in your retirement account.
interest rate= 10.35 percent compounded monthly
First, we need to calculate the monthly interest rate.
Monthly interest rate= 0.1035/12= 0.008625
Now, using the following formula we can calculate the monthly deposit:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
n= 35*12= 420
A= (2,020,000*0.008625) / [(1.008625^420)-1]
A= $485.93
Answer:
end of January balance in the accounts receivable account should be $65900
Explanation:
given data
accounts receivable = $70,000
customers on account = $18,400
account totaling = $14,300
services to be provided = $6,800
to find out
balance in the accounts receivable account
solution
balance in the accounts receivable account will be find as
Balance of Accounts Receivable = Beginning balance + Revenue from earned services - Collections during the period ........................1
put here value
Balance of Accounts Receivable = 70000 + 14300 - 18400
Balance of Accounts Receivable = $65900
so
end of January balance in the accounts receivable account should be $65900
The available demand and goods
