Goldsmiths increased money supply by cheating out their competitors, and being the best at what they did.
The law limits the shift of money that goes to political parties but not to other groups
Answer:
The total amount that would be paid to bank is $11,564.
Explanation:
I = PRT/100
I is the simple interest on the loan
P is the amount of loan taken = $9,800
R is the simple interest rate = 6%
T is the duration for the loan to be paid with interest = 3 years
I = 9,800×6×3/100 = $1,764
Total amount to be paid = P + I = $9,800 + $1,764 = $11,564
Answer:
The correct option is C,sales budget, direct material purchases budget, budgeted income statement
Explanation:
Te correct order in preparing budgets is to first of all have a sales forecast based on information on previous years' sales figures as well as looking at the future economic outlook.
When sales forecasts are made based on educated guess,the sales budget is prepared using the most appropriate selling price per unit.
Thereafter,based on the number of units planned for sales,the required materials needed to accomplish the sales level is forecast,hence direct material purchases budget is prepared with informed unit cost of material.
Lastly,the income statement which encompasses both revenue from sales budget in addition to costs from direct materials purchase budget is finalized.
