What is the following may I ask? You can invest in real estate by either buying a property or buying into a real estate investment fund.
Explanation:
Ok so the Taylor Rule is one kind of targeting monetary policy rule of a central bank. The Taylor rule was proposed by the American economist John B. Taylor in 1992, who is currently the George P.Shultz Senior Fellow In Economics at and the director of Standford’s Introductory Economics Centre.
Also the Taylor Rule suggests that the Federal Reserve should raise rates when inflation is above target or when gross domestic product (GDP) growth is too high and above potential. It also suggests that the Fed should lower rates when inflation is below the target level or when GDP growth is too slow and below potential.
I’m pretty sure the answer is b. False because it usually takes 30 days. Sorry if I’m wrong
Answer:
(a) Total amount paid -$3000 will be recognized immediately as an expense.
(b) Only two month advertising expenses will be recognized as expense i.e $600 while the balance will be recorded as prepayment under current asset.
Explanation:
Monthly advertising expenses = 3,000/10
= $300
(a) Under Cash basis, the total amount paid in advance (i.e $3000) will be recognized as being expenses immediately.
(b) Under accrual basis, only two month advertising expenses already consumed will be recognized as an expense immediately while the remaining 8 months balance yet to be utilized ( $2400) will be accounted for as prepayment under current asset in the statement of financial position (i.e it will be deferred)
Answer:
But I am too young to start a new business
