Answer: B. Compounding
Explanation:
COMPOUNDING is a situation where the earnings on assets, i.e interest, are reinvested along with the original principal (amount) to make even more earnings.
More earnings will accumulate simply because the earnings are now being made on both the original amount as well as the reinvested amount which is simply what Christina is doing.
Answer:
Annual depreciation (year 1)= $1,400
Explanation:
Giving the following information:
Buying price= $36,000.
Useful units= 300,000 units of product.
Salvage value= $6,000
During its first year, the machine produces 14,000 units of product.
To calculate the depreciation expense for the first year under the units of production method, we need to use the following formula:
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Annual depreciation= [(36,000 - 6,000)/300,000]*14,000
Annual depreciation= 0.1*14,000= $1,400
Answer:
Explanation:
The Delors Commission proposed that all impediments to the formation of a single market be eliminated by December 31, 1992, resulting in the Single European Act. The result was the Single European Act, which was independently ratified by the parliaments of each member country and became EC law in 1987.
Explanation:
ang credit card ang ginustong pamamaraan ng pagbabayad