Answer:
January 1, 2016:
Dr Accumulated Depreciation account 12,000
Cr Cash account 12,000
Explanation:
The accumulated depreciation account is a contra asset account used to record all the incurred depreciation expense since the asset (or assets) was being used or put into service.
Since the repairs extended the life cycle of the asset, then its accumulated depreciation decreases.
If your unemployment rate is high, that means you're making less money in all. If many people are without jobs, that means your labor force is also weak. Your employers will make a lot of cutbacks.
Answer:
D)-26%
Explanation:
The computation of the realized return on your investment is shown below:
= (Rate of return × total investment) - (interest paid)
= (-10% × $20,000) - (6% × $1,000)
= (-$2000 - $600)
= -$2,600
Now the Rate of return is
=(-$2,600 ÷ $10,000)
= -26%
hence, the realized return on your investment is -26%
Therefore the correct option is D.
Answer:
$3.344,67
Explanation:
Investment A( Simple interest) = Cf= Ci x(1+(ixn)) = $10.000 x(1+0,0775*10)=
$17.750
Investment B (Compound interest)= Cf= Ci x(1+i)^n = $10.000 (1+0,0775)^10=
$ 21.094,67
A - B = $17.750 - 21.094,67 = - $3.344,67
You become broke cause you don't pay your bills on time or car notes that's why the economy is failing
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