The correct option is this: TOTAL ASSET DECREASES WHEN THE LENDING TRANSACTION OCCUR BUT INCREASE WHEN THE AMOUNT BORROWED BY THE CUSTOMER IS REPAID.
When a loan is given out, the asset account will be debited while the cash account is credited. This means that, at the point of giving the loan, the value of one's asset has decrease. Asset value will increase when the loan is paid.
Answer: Corporate strategy
Explanation:
Here is the complete question:
Which strategy specifies the firm's overall direction in terms of its general orientation toward growth, the industries or markets in which it competes, and the manner in which it coordinates activities and transfers resources among business units?
A) corporate
B) functional
C) divisional
D) organizational
E) business
Corporate strategy is the strategy that is used to show the overall direction of a company or organization in terms of its general orientaion toward the growth, the industries or markets where it competes.
Answer:
$1,096.09
Explanation:
The computation of the future value by using the following formula is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
= $463 × (1 + 0.09)^10
= $463 × 2.367363675
= $1,096.09
We simply applied the above formula so that the future value could arrive and the same is to be considered
Not sure about this answer I will think about it
Answer:
False
Explanation:
Retained earnings have no flotation costs, but have opportunity costs. For example, if companies distribute the earnings to shareholders, shareholders can invest the funds in alternative sources for returns.
