Setting the pay according to the goals achieved
by a group may not be considered beneficial to everyone, thus decreasing motivation.
Pay-for-performance or according to individual performance may help motivate
the employee but increasing individuality in terms of performance may also decrease
group cohesiveness or group-related values. The speaker here shows depreciation by undervaluing another's work to overvalue or protect one's own.
Based on this information Miller Farm Products' debt can be described as a debenture.
<h3>
What is Debenture?</h3>
- A bond or other sort of financial instrument that is secured by collateral is referred to as a debenture.
- Debentures must rely on the issuer's trustworthiness and reputation for support because they lack a collateral backstop.
- Debentures are commonly issued by both businesses and governments to raise cash or money.
- Debentures, like the majority of bonds, may issue periodic interest payments known as coupon payments. Debentures are described in an indenture, much like other kinds of bonds.
- A binding legal agreement between bond issuers and bondholders is known as an indenture.
- The agreement details the terms of a debt issue, including the maturity date, the frequency of interest or coupon payments, the formula for calculating interest, and other details.
- Debentures may be issued by both governments and corporations.
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The items that are initially recorded as an expense on the income statement are:
- a. Research and development costs
- b. Advertising costs
<h3>What is an Income Statement? </h3>
This refers to financial information that stores all the inflows and income that occurred over a period of time.
Hence, we can see that from the complete text, there are lists of items and the Research and development costs and Advertising costs are initially included as expenses in the income statement.
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Answer and Explanation:
The computation is shown below:
a. The final amount she will have on deposit is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.05)^15 - 1} ÷ 0.05
= $11,000 × 21.57856359
= $237,364.20
b. The amount at 4% is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.04)^15 - 1} ÷ 0.04
= $11,000 × 20.02358764
= $220,259.46
c. The losing amount in case when she used her brother-in-law's bank is
= $237,364.20 - $220,259.46
= $17,104.74
We simply applied the above formula
Answer:
Free-enterprise; government.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Command economy.
III. Traditional economy.
IV. Free-enterprise economy.
A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
Hence, in a free-enterprise system, supply and demand forces affect the production and consumption decisions. There is little to no government control in such a system.
