Christopher is a <u>comprehensive planner</u>.
<u>Explanation</u>:
Comprehensive planning is the process of determining goals and aspirations before proceeding with certain activities. Planning helps in doing our work efficiently and precisely.
Comprehensive planning guides the industry and organization towards its growth. Decision making process can be simplified.
In the above scenario, Christopher being an entrepreneur plans his activity before preceding it. He was focusing on gaming software and collects details regarding the same before starting his gaming software business. His planning nature helps him in completing his work conveniently.
Answer:
c. $79,790
Explanation:
The computation of the note and interest collected at maturity date is showb below:
Maturity value = Principal + interest
where,
Principal is $79,000
And, the interest is
= $79,000 ×30 days ÷ 360 days × 12%
= $790
So, the maturity value is
= $79,000 + $790
= $79,790
Hence, the maturity value is $79,790
Therefore the correct option is c.
Answer:
A. $520,000.
Explanation:
As the Organization costs are being written off, we have nothing to withdraw from the income, because of the costs being expensed for financial statements, so we only have positive numbers now, and that would be $520,000 and that is the amount that should be the amount of taxable income that should be declared.
<span>For the answer to the question above, the $25,000 due in 90 days.
I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56
Solve for r: 616.44 = 24383.56*r*(90/365)
r = 0.10252837 or the nearest answer is letter <span>C. 10.26%
It is not exact because maybe he rounded off the </span></span>24383.56