Is this a paper you have write or do they have Any answer choices
Answer: $726,957.60
Explanation:
The debit to Lease Receivable is the present value of the payments to be made by B Corp. for the 8 years.
Payments are made twice a year so period is 16 periods.
Rate = 8% /2
= 4%
Present value = Payments * Present value of an annuity due factor, 16 periods, 4%
= 59,980 * 12.12
= $726,957.60
Four key economic concepts–scarcity, supply and demand, costs and benefits, and incentives
Explanation:
Although possessing a clear knowledge of economic philosophy isn't quite as critical as managing the family budget or studying how to drive a vehicle, the qualities that motivate the analysis of economics affect every moment of our lives. At the most simple point, economics is attempting to understand how and when we make the buying decisions we do.
Four main economic principles – shortage, supply and demand, costs and profits, and opportunities – can help clarify a variety of human decisions.
Answer:
B. The trend between the present and future values of an investment
Answer: D. James is entitled to keep the money he received from Mike.
Explanation:
From the question, we are informed that Mark and James established a partnership to deal in textiles. Both of them contributed equal capital to the partnership and that two years later James sold his share of the firm to Mike.
The option that is permissible is that James is entitled to keep the money he received from Mike.
