Answer:
3) The only bank in a small town
Explanation:
By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.
Answer:
$4,000
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest × number of months ÷ (total number of months in a year)
= $100,000 × 12% × ( 4 months ÷ 12 months)
= $4,000
The four months is taken from Jan 2022 to May 2022
We simply applied the simple interest formula to determine the interest expense and the same is shown above
Answer: Please see the attached excel file for the un-adjusted trial balance.
Explanation: Trial balance is a worksheet that comprises the balances in the account / ledgers balance in debits and credits form, in such a way that all the amounts total zero. The major checker to the trial balance is to ensure that the total amounts equal zero. If there is a difference, it is an indication of imbalance in the trial balance and calls for investigation.
In this scenario, the accounts have been appropriately classified into debit and credit with columns that comprise the normal balance and the account classification.
<u>Please note that dividends was treated as dividend paid (expense) though it was expected to either be dividend payable or dividend income.</u>
The stakeholder theory supplies opportunities to align business practices with societal anticipations and sustainable environmental conditions.
<h3>Who are the stakeholders and what are their roles and responsibilities?</h3>
Stakeholders are people or companies with a vested interest in the outcome of their typical projects. Stakeholders have legal decision-making privileges and may control project scheduling and budgetary matters. To make sustainability a true organization-wide problem and a pillar of company procedure, CEOs and senior executives must be leading from the facade.
<h3>Who are the stakeholders for sustainability?</h3>
These contain shareholders, managers, employees, customers, and suppliers. Secondary stakeholders, on the other hand, include those who are indirectly influenced by an association or who indirectly impact an institution.
To learn more about stakeholders visit the link
brainly.com/question/14514176
#SPJ4
Answer:
$7800
Explanation:
Barney's salary per month = $700
His salary for nine months = 9 × $700 = $6300
Research grant received = $1500
His gross income = his salary for nine months + research grant received = $6300 + $1500 = $7800
