Answer: Assets = Liabilities + Stockholders Equity.
Explanation: Assets refers to the resources owned by a firm for operating its business. Equity refers to the amount of fund invested in the business by the shareholders and liabilities are the obligations of the business.
Thus, it is assumed that every asset that an organisation owns is either purchased by the funds that belongs to the shareholders or on credit by taking liabilities into account.
Hence, from the above we can conclude that ,Assets = Liabilities + Stockholders Equity, correctly depicts the accounting equation.
1.A realistic situation in which can cause someone to use money from a financial reserve is to payoff a medical bill. Another situation would be if say, you had to pick up and move. You would need enough money to not only purchase your residence, but also movers, necessities, and they deposit.
2. The financial reserve should have enough money to last a at least 6 months. There should definitely be enough money to purchase food and necessities. Depending on how big your family is and how much you spend affects the duration of the amount of funds. Also what you choose to spend your money on is a big key factor.
3. I would rather have a compound interest when it comes to a savings account.An account with simple interest will take money from you, rather than save it. When it comes to putting money into an account that offers interest, you want to get the highest interest rate possible, so that your money grows as fast as possible. A compound interest will “compact” your money as much as possible, saving you more.
Answer:
c. Greenleaf
Explanation:
Servant leadership is a type of leadership in which the individual interact with each other it could be either management or fellows employees with a motive to accomplish an authority instead of power. Also it follows that organization structure which is decentralized
And, the first paper with respect to the servant leadership was wrote by Green leaf and the same is to be considered
Hence, the correct option is C.
Answer:
Turn-key project
Explanation:
Based on this scenario, it can be said that the foreign entry mode being used is known as a Turn-key project. This term refers to when a construction project is completely undertaken by the developer and they take full responsibility of from the design to the completion of the entire project, thus handing the project to the buyer and in ready to use condition. Which is exactly what Southwest Petroleum is doing for its clients.
The current value of the mortgage will be given by:
A=P(1+r/100)^n
where:
P=$150,000
r=5%
n=16 years
therefore:
A=150000(1+5/100)^16
A=150000(1.05)^16
A=$201,014.35
If He wants to pay off his mortgage now, he needs $201,014.35