Answer and Explanation:
Checking accounts.
Bank pays interest on savings account, certificate of deposits and checking accounts. These pay may vary but are paid by the bank to their client. Percent of interest is set by the central bank or the state bank of the country.
I would say that using a credit card would charge a higher interest.
Answer:
c) Rick has an external locus of control.
Explanation:
What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.
The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.
Answer:
$704,000
Explanation:
As we know that
Costs of goods sold = Beginning inventory + purchase made - ending inventory
$720,000 = $200,000 + purchase made - $188,000
So, the purchase would be
= $708,000
Now the cash payment would be
= Beginning balance of accounts payable + purchase - ending balance of accounts payable
= $80,000 + $708,000 - $84,000
= $704,000
Answer:
The total value of this company's ending inventory is $ 1,075
Explanation:
Under the lower of cost or market method, Inventory is measured at the lower of either cost or market value
Calculation of total value of this company's ending inventory is as follows:
Part A Lower is Replacement Cost. Therefore (50units×$4.50) 225
Part B Lower is Cost. Therefore (75 units×$6.00) 450
Part C Lower is Replacement Cost. Therefore (160units×$2.50) 400
Total Value of Inventory 1075
