The minor's parent(s) or guardian(s) who signed the consent form are responsible.
Assets, liabilities, time period should be shown on a balance sheet.
- Balance Sheet are often regarded as financial statement that simply tells a brief summary of a company's assets, liabilities and shareholders' equity at a particular point in time.
- Assets are said to be company's or individual's resource that is of economic importance corporation or that belongs or controled by country with the view that it will give future benefit.
From the above, we can therefore say that the answer Assets, liabilities, time period should be shown on a balance sheet is correct
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Answer:
Here u go lil bro,
550w>4500+200w
Explanation:
Since she earns $550 per week, Josephine's earnings can be represented as 550w, where w is the number of weeks.
Her costs are $200 per week, or 200w, plus the 4500 start up costs; this gives us 200w+4500.
We want a profit; this means the amount she earns, 550w, must be greater than the costs, 200w+4500:
550w > 200w + 4500, or
550w > 4500 + 200w
Assuming your interest rate on the loan is 8. 6%. The additional margin generated will cover the interest payments.
<h3>Additional margin</h3>
Let determine the weekly interest
Weekly interest= 8.6% /12 x 60,000
Weekly interest= $99.23
Let calculate the amount left since the business generates $500 at a margin of 80
Amount left= 500 x 80%
Amount left= $400
Based on the above calculation we can see that the amount of $400 is sufficient enough to cover the $99.23 payments.
Inconclusion the additional margin generated cover the interest payments.
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