A fee paid by a borrower to the lender for the use of borrowed money; typically interest is calculated as a percentage of the principal (original loan amount). A debt evidenced by a "note," which specifies the principal amount, interest rate and date of repayment.
As long as one started working, he/she is then responsible to paying taxes to the government or to the state. The tax that he is paying is used for the programs planned by the government for the sake of the citizens. If you have been working but is not paying tax, it just seems that you have not worked at all. You will not have any record of being a tax payer and the government will count you in as someone who is unemployed.
Answer:
True
Explanation:
As we know that the ending balance of retained earnings is computed by considering the following equation
= Starting balance of retained earnings + net income - dividend paid
Since the net income which is come by subtracting the expenses from the revenue and the dividend paid is debited or credited at the time of passing the journal entries instead of retained earning account because these above accounts are got affected.
Like expenses account are always debited while the income account are always credited
Answer:
Two important types of quotas are absolute quotas and tariff-rate quotas.
Absolute quotas are quotas that limit the amount of a specific good that may enter a country. Tariff-rate quotas allow a quantity of a good to be imported under a lower duty rate; any amount above this is subject to a higher duty.
Explanation:
I'm taking a business class.
Clients with an Eastern orientation tend to place high value on:
- Family or group satisfaction instead of individualistic satisfaction.
- Parent-child bond instead of marital bond.
- Harmony and interpersonal relationship instead of self-fulfillment or self-development.
- Spiritualism instead of materialism or consumerism
- Harmony with nature instead of mastery over it.
- Authoritarianism instead of democratic orientation.
- Suppression of emotions instead of open expression of emotions.
