Answer: Marcus can afford a loan of $167,597.76.
The mortgage factor tells us the monthly principal and interest rate payable for each $1000 of a loan.
Since we know the mortgage factor and the amount Marcus can make each month, we can determine the number of $1000 in his loan amount.
We do this by
This means that Marcus' loan will have 167.5977654 thousands.
Therefore we can find the amount of mortgage loan as
I think your friend would decide how to allocate the productive resources he uses because in a market economy government had little and no control in what you do. So that would mean your friend would decide!!
Answer:
The correct answer is A
Explanation:
Internal control is the control which comprise of everything that controls the risk for the organization. At the level of organizational, the objectives or goals of internal control relate to the reliability of financial reporting, compliance with the regulations as well as laws and timely feedback on accomplishment of operational goals.
The goals of the internal control are:
Safeguard the assets of business
Promote the operational efficiency.
Ensure reliability as well as integrity of the accounting information as well as data.
Ensure adherence to the policies as well as procedures of management.
Therefore, from the above options, the goal is to provide assurance that assets are safeguarded and used for business purpose.
Answer:
the only one I can think I office procedure