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cluponka [151]
3 years ago
8

Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in savings account. The high

er the interest rate _____.
Business
1 answer:
mamaluj [8]3 years ago
4 0

Answer:

The higher the interest rate, the lower the time required.

Explanation:

Giving the following information:

Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in a savings account.

The higher the interest rate, the lower the time required.

As the money invested and the future value required are fixed, the only variables are the interest rate and the time between deposit and objective.

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The Securities and Exchange Commission (SEC) may discipline accountants. Under its disciplinary powers, the SEC may suspend an a
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Answer:

D. Conviction of a felony.

Explanation:

The basis for the suspension is the <u>Conviction of a felony</u>. As common, significantly more severe the violation, that has more severe the penalty. As an illustration but observed guilty of a misbehavior violation, thou may only have to give a penalty. If a court declares a felony conviction after that you may be inspecting various years in the penitentiary. Remaining convicted concerning a felony is a dangerous matter.

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3 years ago
Titania is a country characterized by a high-context culture. This implies that ________. Select one: a. the people of Titania t
Lyrx [107]

Answer:

The correct answer is letter "D": personal relations and goodwill are valued in Titania.

Explanation:

High-context cultures are those that rely on non-verbal and implicit communications. It makes interpersonal relationships and traditions essential to understand what they are trying to transmit. In such cultures, goodwill is highly valuable, as well. Countries like Japan and China are considered high-context cultures.

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2 years ago
Give the meaning and nature of Foreign direct Investmen.​
Inessa [10]

Answer:

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6 0
3 years ago
Some federal grants, such as categorical grants, ____________, while others, such as block grants, ____________.
Setler79 [48]
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6 0
3 years ago
Goodwill is: Group of answer choices Amortized over the greater of its estimated life or forty years. Only recorded by the selle
Tems11 [23]

Explanation:

Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. Goodwill represents assets that are not separately identifiable. Goodwill does not include identifiable assets that are capable of being separated or divided from the entity and sold, transferred, licensed, rented, or exchanged, either individually or together with a related contract, identifiable asset, or liability regardless of whether the entity intends to do so. Goodwill also does not include contractual or other legal rights regardless of whether those are transferable or separable from the entity or other rights and obligations. Goodwill is also only acquired through an acquisition; it cannot be self-created. Examples of identifiable assets that are goodwill include a company’s brand name, customer relationships, artistic intangible assets, and any patents or proprietary technology. The goodwill amounts to the excess of the "purchase consideration" (the money paid to purchase the asset or business) over the net value of the assets minus liabilities. It is classified as an intangible asset on the balance sheet, since it can neither be seen nor touched. Under US GAAP and IFRS, goodwill is never amortized, because it is considered to have an indefinite useful life. Instead, management is responsible for valuing goodwill every year and to determine if an impairment is required. If the fair market value goes below historical cost (what goodwill was purchased for), an impairment must be recorded to bring it down to its fair market value. However, an increase in the fair market value would not be accounted for in the financial statements. Private companies in the United States, however, may elect to amortize goodwill over a period of ten years or less under an accounting alternative from the Private Company Council of the FASB.

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2 years ago
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