Answer:
though borrowing loans
Explanation:
one can borrow a loan from the bank and start a business
Answer:
a. debit Depreciation Expense $ 290
credit Accumulated Depreciation $ 290
Explanation:
The depreciation has to be calculated for the month of December i.e one month.
The annual depreciation per the question is $ 3,480 so the monthly depreciation expense is $ 290.
The depreciation expense account is debited, and the credit is to accumulated depreciation account. The equipment account is not credited directly, This is to show the costs and the accumulated depreciation separately.
The equipment on the balance sheet is shown as net of accumulated depreciation.
Agency<span> is a </span>relationship<span> between a principal and an </span>agent<span> in which the principal confers his or her rights on the </span>agent<span> to act on principal's behalf. Such a </span>relationship <span>is based on an </span>agency<span> contract. The rights and duties of the </span>agent<span> and principal are in accordance with the express or implied terms of the contract.</span>
Answer:
c. N = 7, I/Y = 4, PV = 37,000
Explanation:
In financial Calculator the following key wii be pressed to calculate the the balance of the account (Future value)
For the number of year enter N = 7
Interest per year enter I/Y = 4
For present value enter PV = 37,000
This will calculate Malissa's account balance after 7 years which is $48,689.
So the correct answer is c. N = 7, I/Y = 4, PV = 37,000.
Answer:
66.67%
Explanation:
Given that,
Enrollment of new students per semester (Desired capacity) = 2,100
Holly Lutze, placed a ceiling on enrollment of new students = 1,600
Conflicting schedules allowed only (Actual intake) = 1,400 new students
Therefore,
The utilization rate for Southeastern:
= 66.67%
