Answer:
obtaining a low interest rate on a loan
Explanation:
Answer:
A) App stores
Explanation:
App stores have a positive impact on the whole American economy and can help companies by:
- reducing transaction costs
- lowering entry barriers
- increasing consumer trust and security
For example, during 2018, the app economy in the US represented $568.47 billion and it included over 5,744,481 people working in 317,673 different companies.
App stores allow companies, specially smaller companies and entrepreneurs, to have a low-cost distribution channel to massive markets all around the world.
The impact of the app economy will only increase as the internet of things (IoT) increases.
A low unemployment rate means the economy is strong and a high unemployment rate means the economy is weak because the companies are out of business and many lose their jobs, this will lead to many poor people
Answer:
B. Contra liability; Debit
Explanation:
Discount on the bond is contra liability account and it has debit balance because liabilities normally have a credit balance, so the contra account of liabilities must have a debit balance.
Discount on Asset is reported under the bond payable value. The net payable on the bond is calculated by deducting the discount on bond value from the bond payable value ( usually face value of the bond. )
Answer:
d. 14,000
Explanation:
Straight line method formula: (cost - tradein value) / useful life = (16,500 - 1,500) / 6 = 2,500. So deprecciation per annum is 2,500 dollar and at the end of Year 1 our truck's value is depreciated 2,500 dollar. There remains useful life which is 15,000-2,500=12,500 and plus trade-in value which is 1,500. Therefore; 12,500+1,500=14,000
