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4 years ago

At the start of this year 18 months rent was paid. At the year's end how will this affect the balance sheet

Business

2 answers:

Soloha48 [4]4 years ago

5 0

The correct answer to your questions is "Assets will be decreased."

NemiM [27]4 years ago

4 0

At the end of the year the item of the prepaid rent which included in the current assets would be decreased by 12 months rent of the year and would be shown the balance of 6 months rent for the coming year

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If $1,000 is deposited in a certain bank account and remains in the account along with any accumulated interest, the dollar amou

Naddika [18.5K]

Answer:

The rate is greater than 8%

Explanation:

Given

$\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )$

<em>Missing part of question</em>

$I =210$

$n =2$

Required

Is r > 1

We have:

$\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )$

Substitute values for r and I

$210 = 1,000 \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )$

Divide both sides by 1000

$0.210 = \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )$

Add 1 to both sides

$1.210 = (1+\frac{r}{100} \right ))^{2}$

Take square roots of both sides

$\sqrt{1.210} = 1+\frac{r}{100}$

$1.1 = 1+\frac{r}{100}$

Subtract 1 from both sides

$0.1 = \frac{r}{100}$

Multiply both sides by 100

$r = 10$

$10 > 8$

<em>Hence, the rate is greater than 8%</em>

7 0

3 years ago

________ look at each budget as if it were brand new and require managers to justify each of the budgeted items. This process en

larisa [96]

The answer for the blink would be Zero-based budgets.

7 0

3 years ago

Meeting the spending targets in this budget meant some very difficult choices. —president barack obama, 2012 budget message of t

Ostrovityanka [42]

The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.

<h3>What is a federal budget?</h3>

A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.

This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.

Read more on budget here: brainly.com/question/13964173

#SPJ4

5 0

2 years ago

Which is the difference between static storage systems and dynamic storage systems

arlik [135]

Answer:

In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.

3 0

3 years ago

Panda Inc. had total sales of $24,000 from bamboo bowls in 2017. The company sold 6,000 units of bamboo bowls and the total vari

xxMikexx [17]

Answer:

Contribution percent = 75%

Explanation:

Given:

Total sales = $24,000

Total Variable cost = $6,000

Total units = 6,000

Contribution percent = ?

Computation of Contribution :

Contribution = Total sales - Total Variable cost

Contribution = $24,000 - $6,000

Contribution = $18,000

Computation of Contribution percent :

Contribution percent = Contribution / Total sales

Contribution percent = 18,000 / 24,000

Contribution percent = 0.75

Contribution percent = 75%

8 0

4 years ago