Answer:
The account should be opened as a Joint account with tenancy in common. Option C.
Explanation: This type of account is one that is owned by at least two people and in which there is no rights of survivorship.
In this type of account, the members do not want their investments to go to other members of the joint account upon their death, but they specify in a will how the investment will be distributed to their beneficiaries.
Joint account with tenancy in common can hold an unequal amount of investment among members, but they still have equal rights to the account.
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<span><span>Depreciation is a </span>sunk cost. </span></span>It is the value lost on an asset
after consumption. In accounting, depreciation cost qualifies as a sunk cost
because it is already lost and cannot be recovered. For that reason, it is
correct to ignore depreciation cost when determining the future course of a
business.
Answer:
The correct answer is $166,000.
Explanation:
According to the scenario, the given data are as follows:
Credit sales for Jan. = $100,000
Cash sales for Jan. = $60,000
cash sales to increase in Feb = 10%
So, we can calculate the cash collection in Feb by using following method:
Cash collection in Feb = Cash Sales for Feb + Credit sales for Jan.
= ( $60,000 × 110%) + $100,000
= $66,000 + $100,000
= $166,000
Answer:
Bond markets
stock markets
Borrowing from banks
Explanation:A Bond market is market where investors buy debt securities which are either sold by Government establishments or large corporations. This is one the primary methods through which corporations generate capital.
Stock market also known as market for shares is a market where parts of a corporation are sold as shares, this can be done through public offerings or sold in the stock exchanges.
Large corporations also consider borrowing from banks as a means to raise capital for investments,this the process of collecting loans with interest from commercial banks.
