Answer:
$7,000
Explanation:
Calculation for the depreciation expense for the second year
Depreciation rate will be:
2/7 = 29%
$34,000 × 29% = $9,860
The depreciation in the first year will be $9,860
Thus,
($34,000 - $9,860) × 29%
$24,140×29%
= $7,000
Therefore the depreciation expense for the second year will be $7,000
Answer:
B. Personal credit if it is a personal loan
D. If the individual applies to start a business
Explanation:
Typically Financial institutions extend loans based on "credit worthiness" (or credit score) of the individual and can be extended based on whether the individual has an asset to secure the loan. Lack of an asset can have a negative result (dependent upon the amount requested) if the loan request is for a large amount of money.
Answer:
The correct answer is letter "D": How well the economy is doing at a macro level.
Explanation:
The U.S. Bureau of Labor Statistics (BLS) is an agency in charge of gathering ad analyzing data regarding the labor market and productivity. In such a way, it provides useful output about unemployment and employment in different sectors of an overall economy. If the economy is underperforming, the unemployment rate will be higher but, it the economy is healthy and prosperous the unemployment rate should be lower than the employment rate.
Therefore, <em>by taking a look at the unemployment rate given by the BLS, Jeanine can have an idea of how well the U.S. economy is performing at a macro level.</em>
Answer: PERSONAL COMMUNICATION
Explanation: In the given case, the salesman of the store is personally interacting with the customer for establishing a relationship.
The human behavior reacts positively when someone gives them importance and listens to them without any judgement. Similarly, in this case the salesman is trying to win the confidence of the customer by persuading him with personal attention.
Answer:
The answer is "$500".
Explanation:
Calculating the total Interest Income:
Profits of non-interest=$1000
Earnings and losses for shares = $40
For point 1:
The formula for Total Revenue:
For point 2:
The formula for total Expenditure:
Expenditure for non-interest=$1200
Loan and damage provisions = $50
Tax = $20
Complete Expenditures
Therefore,