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3 years ago

What is a loan?

Business

1 answer:

sleet_krkn [62]3 years ago

6 0

Answer:

see below

Explanation:

A loan is when one party receives money from another and promises to pay it back with interest. A person, firm, or country will seek a loan from a lender with a promise to repay within a specified period and with interest. The interest paid becomes the cost of the loan.

Taking is a loan is similar to borrowing money. The loan amount is equivalent to the amount borrowed.

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If we examine aids in thailand, it appears the most common means of transmission is:

kow [346]

The most likely common of transmission when examining the aids in thailand is heterosexual intercourse. This is where the transmission occurs when the man and woman engage into an unprotected sexual intercourse that causes transmission of sexual fluids, where AIDS can be transmitted.

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3 years ago

Define partnership formation or amalgamation

blagie [28]

Answer:

Definition of Amalgamation:- 1) Amalgamation means combining, coming together or joining together of two business concern to form a single and bigger business concern. 2) Amalgamation means two or more firms transfer their business into one new firm which is formed to take over a such business.

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3 years ago

As you start consuming potato chips, your marginal utility is very high, but begins to fall slowly until you've eaten 10 chips.

avanturin [10]

Answer:

The law of diminishing marginal utility.

Explanation:

Marginal utility is basically satisfaction derived from consuming an extra unit of product. According to the law of diminishing marginal utility as consumption increases the marginal utility derived from each additional unit decreases.

So when we consume 1 chips marginal utility is high, then as more is consumed we still get some positive utility out of it but at a decreasing rate now. At some point this utility equals zero after which it starts declining as more chips are consumed because it is not providing any satisfaction now. Therefore the chips should be consumed only up to the point where the marginal utility equal zero.

7 0

3 years ago

The finished goods inventory on hand on December 31, 2018 was 21,000 units. It is the company's policy to maintain a finished go

BigorU [14]

Question Completion:

Benet Company has budgeted the following unit sales for 2019 and 2020:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1

Sales units 105,000 60,000 75,000 120,000 90,000

Answer:

Benet Company

Production Budget for 20198:

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Sales units 105,000 60,000 75,000 120,000

Ending inventory 12,000 15,000 24,000 18,000

Units available for

sale 117,000 75,000 99,000 138,000

Beginning inventory 21,000 12,000 15,000 24,000

Production 96,000 63,000 84,000 114,000

Explanation:

a) Data and Calculations:

Budgeted unit sales for 2019 and 2020:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 1

Sales units 105,000 60,000 75,000 120,000 90,000

Ending inventory 12,000 15,000 24,000 18,000

Units available for

sale 117,000 75,000 99,000 138,000

Beginning inventory 21,000 12,000 15,000 24,000 18,000

Production 96,000 63,000 84,000 114,000

8 0

3 years ago

Osage Corporation issued 2,000 shares of common stock. Prepare the entry for the issuance under the following assumptions. (Cred

Blababa [14]

Answer:

Osage Corporation

Journal Entries for the Issuance of 2,000 Shares under the following assumptions:

(a) The stock had a par value of $5 per share and was issued for a total of $52,000.

Debit Cash Account $52,000

Credit Common Stock $10,000

Credit Additional Paid-in Capital $42,000

To record the issuance of 2,000 shares of Common Stock, par $5 for a total of $52,000.

(b) The stock had a stated value of $5 per share and was issued for a total of $52,000:

Debit Cash Account $52,000

Credit Common Stock $10,000

Credit Additional Paid-in Capital $42,000

To record the issuance of 2,000 shares of Common Stock, stated value of $5 for a total of $52,000.

Debit Cash Account $52,000

Credit Common Stock $52,000

To record the issuance of 2,000 shares of Common Stock, with no par, for a total of $52,000.

Explanation:

Shares can be issued at par and above the par value. A stated value is an amount assigned to a corporation's stock for internal accounting purposes when the stock has no par value. Like par value, stated value is nominal, typically between $0.01 and $1.00.

If no-par value stock does not have a stated value, the entire proceeds from the issuance of the stock become legal capital.

3 0

4 years ago