Answer:
c. The balance of mortgage payable will decrease each period the loan is outstanding.
Explanation:
Since in the question it is mentioned that the coporation has to pay the amount of $80,000 to bank for 10 years in order to reply the loan so according to the given options the option c should be selected as the part of the annual payment would be considered to the loan principal amount this increase for each and every period but at the same time the interest expense amount would be reduced in each and every period at the time when loan become outstanding
Answer:
$6.71 per unit
Explanation:
The computation of average cost method is given below:-
Beginning Inventory
= 190 units × $7.30
= $1,387
Purchases
= 720 units × $7.30
= $5,256
Purchases
= 590 units × $5.80
= 3,422
Total units = 1,500
Total cost = $10,065
So, average cost per unit
Total cost ÷ Total number of units
= $10,065 ÷ 1,500
= $6.71 per unit
Therefore, to calculate the average cost per unit for May we simply divide 10,065 from 1,500
The statement which accurately describes intergenerational mobility patterns among industrial countries is the positions of parents in stratification is transmitted.
Intergenerational social mobility refers to the relationship between the socioeconomic status of parents and the status children achieve as adults. In other words, mobility reflects the extent to which individuals move up and down the social ladder relative to their parents.
Intergenerational mobility occurs when social status changes from generation to generation. The change can be upward or downward. For example, his father worked in a factory while his son was being trained to become a lawyer or a doctor.
Learn more about intergenerational mobility here:brainly.com/question/27153410
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Answer:
C. Acme Securities Inc. may charge a management fee if it registers in the State as an investment adviser and the charges are fair and reasonable
Explanation:
From the question we are informed about Acme Securities Inc. which s registered as a broker-dealer in the State of Utah under the Uniform Securities Act. Acme wishes to begin charging customers a fee for managing accounts on a discretionary basis.
in this case the statement that is TRUE is "Acme Securities Inc. may charge a management fee if it registers in the State as an investment adviser and the charges are fair and reasonable"
The Uniform Securities Act can be regarded as a model law set up as a starting point as far as state-level securities regulation is concerned. The law was put in place so that securities fraud can be dealt with at the state level and render assistance to Securities and Exchange Commission (SEC) so that enforcement and regulation hold firmly.
Answer:
the simple money deposit or multiplier is 11.11
Explanation:
The computation of the simple money deposit or multiplier is as follows:
As we know that
Money Multiplier = 1 ÷ Reserve Ratio
Now if the required reserve ratio is 9%
So, the money multiplier is
= 1 ÷ 9%
= 1 ÷ 0.09
= 11.11
hence, the simple money deposit or multiplier is 11.11
We simply applied the above formula so that the correct value could come
And, the same is to be considered
