Answer:
A second mortgage loan uses real estate for security
Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.
Answer:
The amount of the Depletion Expense recognized for 2018 would be 240,000
Explanation:
In order to calculate the The amount of the Depletion Expense recognized for 2018, we have to calculate first the depletion expense per ton.
Hence, Depletion expense per ton = $1,600,000/400,000 = 4
Therefore, if the Depletion expense per ton is 4, and during 2018 60,000 tons of granits were sold then the Depletion expense to be recognized for 2018 will be=60,000*4
= $240,000. Amount of the Depletion Expense recognized for 2018
Answer:
Option (c) $7,672
Explanation:
Data provided in the question:
Investment amount i.e principle = $9,875
Interest rate,r = 4.8%
Time, t = 12 years
Now,
Future value = Principle ×
n = number of times compounded per year
Future value =
Future value =
Future value =
Future value = $17,546.55
Also,
Future value = Principle + Interest
Therefore,
$17,546.55 = $9,875 + Interest
or
Interest = $17,546.55 - $9,875
= 7671.55 ≈ $7,672
Hence,
Option (c) $7,672
Answer:
aesthetic modification
Explanation:
Aesthetic modification simply means the process of altering the sensory appeal of a product. This is done to improve customer experience and therefore increase customer satisfaction and sales.
The more unique the aesthetic modification the more value the customer gives to the product as it is differentiated from others in the market.
In this instance Richards regularly changes the flavour of fruit tea to suit the season, this is an example of aesthetic modification
