As prepaid rent is used, the asset becomes a liability.
Liability because it becomes the responsibility of someone who uses the prepaid. Since the prepaid rent was used, it needs money to be able to pay them. It becomes the responsibility for someone to be able to use his money to pay the prepaid rent that was used.
Answer:
Correct option is C.
<u>If the economy is at full capacity, then the AS curve will be vertical</u>
Explanation:
The long-run aggregate supply curve is perfectly vertical, which reflects economists' belief that the changes in aggregate demand only cause a temporary change in an economy's total output. For the short-run aggregate supply, the quantity supplied increases as the price rises.
The full capacity AS curve is a long-run AS curved and it is vertical as the potential output level is denoted by it with the fully employed resources.
Participants of the dc real property fee: time period limit. A member can't serve for extra than 2 consecutive, full three-12 months phrases until the courtroom makes a special exception.
Consecutive refers to matters that are arranged or show up in sequential order. A criminal who serves a consecutive sentence does time for one conviction after any other.
Consecutive periods of time or events take place one after the other without interruption. The Cup was won for the third consecutive yr via the Toronto Maple Leafs. Synonyms: successive, strolling, following, succeeding extra Synonyms of consecutive.
Consecutive comes from the Latin consecutus, which means "following closely" without a gap. similar to the snowstorms — one typhoon came about each day, lower back to back, for 5 days in a row. Consecutive numbers also observe every difference or boost inside the proper order. as an example, 5, 6, 7, eight, 9, and 10 are consecutive numbers.
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Answer:
$13,785
Explanation:
The computation of the amount to be paid for the money machine is shown below:
As we know that
Present value = Future value ÷ (1 + rate of interest)^number of years
= $17,852 ÷ (1 + 0.09)^3
= $17,852 ÷ 1.09^3
= $13,785
