The answer is B, as he would have received 2% of $2000 which is $40 had he decided not to buy the boat and equipment.
Answer: False
Explanation:
According to the Accounting equation, the debit side must equal the credit side.
The Commercial mortgages for this bank are on the debit side so if they reduce, the credit side will have to reduce as well to remain in balance.
The Equity will therefore not rise but rather decrease in value so that the two sides will be balanced.
Answer:
California Scientific provides for their long-term funding needs through "<em>Equity Financing".</em>
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Explanation:
Equity financing is the process of raising capital through the sale of shares.
Answer:
e. motivated blindness.
Explanation:
Motivational blindness is when a person (Dawn in this case) do not notice an unethical action (Keeping the cash) when it's not in our interest to do so.
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