Answer:
5.784%
Explanation:
PV = $91000
PMT = -$1750
N = 60
FV = $0
<em>Using the financial calculator to solve for I/Y</em>
Interest yield = CPT I/Y(91000, -1750, 60, 0)
Interest yield = 0.00482
Interest yield = 0.482%
Highest rate APR = 0.482%*12
Highest rate APR = 5.784%
So, assuming monthly compounding, the highest rate i can afford on a 60-month APR loan is 5.784%.
The workers that have the highest percentage of union memberships are those in
- education
- training
- library occupations
<h3>What is a labor union?</h3>
This is a term that is used to refer to the labor unions that are formed in order to represent the workers that are in a country.
The unions are known to represent workers in terms of benefits, wages and labor hours.
Raed more on labor unions here: brainly.com/question/881501
The answer is B. liabilities.
Answer:
The adjusting entry that should be made by the company on June 30 is
Inventories $ 6,500 (debit)
PPE Asset $ 6,500 (credit)
Explanation:
Error Made on June 30 was as follows : Village Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset.
PPE Asset $6,500 (debit)
Cash $6,500 (credit)
On 30 June the amount of inventory reported is understated by $6500.While the amount of Assets recorded is overstated by $6500
Therefore the adjasting entry for this situation is as follows
Inventories $ 6,500 (debit)
PPE Asset $ 6,500 (credit)
Thus increasing the Inventory balance and decreasing the PPE Asset Balance.