Which of the following statements is true about these two annuities: Annuity B has a smaller present value than annuity A.
Annuities are payments or receipts that are made periodically within a certain time, so that they are similar to installments, savings, or contributions. Usually, these periodic payments or receipts are made every month within a certain period of time.
Annuities are closely related to financial institution products that have interest. For example, bank credit or savings in banks. Annuities are intended to make it easier for customers to pay installments because the amount is fixed.
Annuities are also closely related to insurance products. The policy holder or the insured must make periodic payments to achieve their goals, such as old age funds. The policyholder can choose when to start disbursing his annuity after he retires.
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Answer:
a. 3
Explanation:
Bank Reconciliation: The Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the company to run smoothly.
There are different transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We adjust the transactions accordingly to match those statements.
Based on the cash balance, there would be three adjusting entries which are given below:
a. Bank service charges
b. Notes collected
c. Interest earned
These adjusting entries are required so that the cash balance should balance with the valid cash balance.
Answer:
B:Stick with headings and captions
Answer:
A. Non- cooperative game
Explanation:
Goodyear is playing a non-cooperative game.
A non-cooperative game is a game with competition between individual players, as opposed to cooperative games, and in which alliances can only operate if self-enforcing