Answer:
The final payment would be of amount $9000
Explanation:
The keywords of the question state that the bank needs an equal amount of money by both of the payment procedures. Hence, no matter which payment method I choose on the outstanding loan, the bank would need a sum of 3x3000 = $9000
Even though the company is no longer able to pay the retirees, they are still protected because <u>The </u><u>Pension Benefit Guarantee Corporation</u><u> will pay a </u><u>basic benefit. </u>
<u />
The Pension Benefit Guarantee Corporation:
- Was created to protect the pensions of millions of Americans
- Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them
The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.
In conclusion, The <u>Pension Benefit Guarantee Corporation </u>will pay out something to the retirees.
<em>Find out more at brainly.com/question/7331178. </em>
Answer:
The depreciation is $52,500
Explanation:
The formula to compute the depreciation under the straight-line method is shown below:
= 
= 
= $52,500
Under the straight-line method, the depreciation expense should be the same for the remaining useful life. Life of the equipment or machine should always be expressed in years, not in hours.
So, these usage of hours should be ignored.
Answer:
$180,000
Explanation:
Goodwill = Purchase Price - Net Assets Taken over at Fair Value
where,
Purchase Price = $635,000
Net Assets Taken over at Fair Value = $ 500,000 - $45,000 = $455,000
therefore,
Goodwill = $635,000 - $455,000 = $180,000
<span>The financial crisis in Greece is described as
depression rather than recession is because the Greece’s economy had taken a
severe and sustained economic downturn. Greece’s economy has been marked by a
substantial and sustained shortfall of the ability to purchase goods relative
to the amount that could be produced. Depression is a more severe form of recession.
Recession lasts a few months, while depression lasts longer. </span>