Explanation: what is this can you elaborate pls
Answer:
the amount after three months is $25,994
Explanation:
The computation of the amount after three months is as follows:
As we know that
A = P × (1 + rate of interest ÷ number of compounding period)^number of compounding period × time period
Where,
A = Accrued amount
P = Principal = $25,000
r = 15.60%
t = 3 ÷ 12 = 0.25
So,
A = $25,000 × (1 + 0.156 ÷ 365)^365 × 0.25
= $25,994
Hence, the amount after three months is $25,994
Answer:
Explanation: B Food Products & Processing Systems
Answer:
Option (d) is correct.
Explanation:
Given that,
Customer purchases $340 worth of merchandise from The GAP using a gift card.
A gift card is having an amount of money that is used by the gift card holder for the purpose of purchasing goods. So, in the books of GAP, the value of gift card is debited as an unearned revenue and the sales revenue is credited.
The journal is as follows:
Unearned revenue A/c Dr. $340
To sales revenue A/c $340
(To record the merchandise sold for a gift card)
Answer:
1) disagree with the protesters because these practices will help make both rich and poor countries richer.
Explanation:
Free trade and foreign direct investments should make increase the wealth of both poor countries and rich countries. This rarely happens due to one main problem, corruption in poor countries. A lot of people are angry at foreign multinational corporations that have excessive powers on poor countries and they also earn extremely high profits, but it is not only the fault of the multinationals, it is also the fault of the poor countries' leaders.
No corporation can simply go to another country and claim everything for themselves, ti doesn't work like that. Generally corporations have very deep pockets and they simply bribe a president, a secretary of something, a few more people including congressmen and magically they purchase the purchase assets at below market prices. This repeats again and again everywhere around the world, with a very few exceptions.
For example, Ireland was extremely poor and when it joined the European Union it decided to host several multinationals and it has turned into a developed country since then. Chile is another successful story, and it was a dictator that opened Chilean economy to foreign investment.
The problem with most poor countries is that their corrupt leaders benefit themselves and not the country.
