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Softa [21]
3 years ago
5

Depreciation:

Business
1 answer:
iragen [17]3 years ago
4 0

Answer:

B. Is the process of allocating the cost of a plant asset to expense.

Explanation:

Depreciation is an expense indicating a reduction in the value of the capital assets due to tear and wear, obsolescence, consumption, time span, etc. It's listed on the income statement debit side. It is a non-cash item that has no effect on the cash balance.

Moreover, it is a process in which there is an allocation of the cost of fixed assets to the expense account over their estimated useful life

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Answer:

Using an excel spreadsheet I prepared an amortization schedule. For the 61st payment, the interest rate is increased from 0.5% to 0.625% monthly.

(a) Calculate the loan balance immediately after the 84th payment.

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(b) Calculate the amount of interest in the 84th payment.

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(c) Calculate the amount of the balloon payment.

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As you can see, the interest amount for the 61st payment increases, while it had been decreasing previously.

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3 years ago
David wants to open a new gymnasium with state-of-the-art equipment and qualified trainers. However, he can only afford either o
Nesterboy [21]

Answer:

Too little money                          

Explanation:

In the given case, David wanted to have all required resources and he also had complete knowledge of it. However he could not get them properly due to his budget constraints which lead to shut down of his business.

This case clearly depicts the problem of too little money as the risk of failure was not mentioned as such. Also the business David was willing to open was not relate to any chemical or defense industry so there was not much regulatory burden.

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3 years ago
Which of the following, identified in an analysis of the general environment, is an opportunity for an entrepreneur who wishes t
kvasek [131]

Answer:

a. The average age of the population in his community is high.

Explanation:

As the average age of the population in his community is high, it is an opportunity for an entrepreneur who wishes to open a business providing "Fitness for Life" physical conditioning services (strength, balance, and flexibility training) in a city of 100,000 people because people will be more interested in the physical conditioning services and they will be attracted towards it as when the age rises, people become more interested in the health related activities, therefore, chances are very high that this will pose a serious and profitable opportunity for the entrepreneur in that particular city. He or she can definitely capture this opportunity very handsomely and profitably.

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Last thing before i gtg I FINALLY GOT A MAN IN 3 DAYS
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2 years ago
Economics is primarily the study of__________.
Julli [10]

Answer:

Option (c) is correct.

Explanation:

Economics is the study of the choices that we have to make from the limited available resources. We know that the human wants are unlimited and the resources to satisfy these wants are limited. So, we have to use these scarce resources in a manner which gives the maximum utility from the resources. The scarce resources have to be rationally managed.

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