Countries adopting western eating habits, the spread of fast food restaurants to other countries is big.
Increasing income has added to urbanization which seems to lead to diets rich in animal produce, fat, salt and sugar.
Answer: 16.08%
Explanation:
The effective annual interest rate simply means the interest rate on a loan that is restated from nominal interest rate.
In the above question, we are informed that it uses 15.00% as the nominal annual rate make monthly payments.
Effective annual rate = (1 + r/m)^m - 1
where,
r = annual nominal interest rate
m = number of compounding periods for the year.
In this case m= 12 since there are 12 months in a year.
The answer has been attached.
Answer:
Option (B) is correct.
Explanation:
Given that,
Company sells subscriptions on an annual basis,
In January,
Mohling Company typically sells = 60,000 subscriptions
Selling price of each subscription = $10
Receipt from selling subscriptions:
= Number of subscriptions sold × Selling price of each subscription
= 60,000 × $10
= $600,000
At the time of receipt of Subscription amount below entry will be passed:
Cash A/c Dr. $600,000
To Unearned Subscription revenue A/c $600,000
(To record the sale of the subscriptions)
Therefore, increase to Cash and an increase to Unearned Subscription Revenue for $ 600,000 is the correct answer.
The type of title insurance coverage that protects the holder from damage due to a secret lien is extended coverage.
Prolonged insurance is insurance that goes beyond what a popular policy gives. Normally, it is bought one by one from a well-known coverage and features as an extension of the number one insurance. It often covers perils less in all likelihood to arise.
Extended coverage brought insurance against loss with the aid of the perils of windstorm, hail, explosion, civil commotion, rebel and rise up attending a strike, aircraft harm, automobile harm, and smoke harm.
Extended coverage (which includes the perils of the smoke, explosion, falling aircraft, and effect of cars) vast Water harm w/ accidental Bursting and/or Overflowing of Water Tanks, apparatus, and Pipes (BWD w/ABOWTAP) Sprinkler Leakage. Landslide / Subsidence. Spontaneous Combustion.
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Answer:
Safety of principal
Explanation:
PRINCIPAL
SAFETY OF PRINCIPAL is the probability or likelihood that the main money invested or the money which was paid for a specific investment will be returned to the investor.
Secondly SAFETY OF PRINCIPAL help to give the assurance that a person's or an individual principal or their initial investment will tend to remain the same over the life of the investment or period of the investment which is why Safety of principal can be achieved by carefully carryingout the review of both the economic and industrial trends before deciding to choose what type of investment to go for.
Therefore if an investor has a long-term investment time horizon in which their is no liquidity needs and is very risk averse.
My main concern when making a recommendation to this client is: SAFETY OF PRINCIPAL.