Answer:
The result of K's inaction causes an increase in the outstanding loan by $50
Explanation:
<em>Step 1: Determine the interest amount</em>
The interest amount can be determined as follows;
I=PRT
where;
I=interest amount
P=principal amount
R=annual interest rate
T=time
In our case;
I=unknown
P=$1,000
R=5%=5/100=0.05
T=1 year
replacing;
I=1,000×0.05×1=$50
<em>Step 2: Determine the total loan amount</em>
This can be expressed as;
A=P+I
where;
A=total loan amount
P=principal amount
I=interest amount
In our case;
A=unknown
P=$1,000
I=$50
replacing;
A=1,000+50=1,050
The loan amount due after a year=$1,050
The result of K's inaction causes an increase in the outstanding loan by $50
Answer:
Good investing should be backed by history and science as opposed to over-ambitious, loophole-filled plots.
Explanation:
please give brainliest
It was the declared on October 1996 to have at least a minimum wage of $4.75 per hour. A year and a month after, it was increased to $5.15 per hour.
Answer:
The answer is true.
Explanation:
And increase or decrease in common stock or shareholders' equity is shown under statement of stockholders' equity.
It tells us the changes that happened from the beginning of the year till year ending.
It tells us how retained earnings decrease or increase, the dividend paid for the year, changes in common equity.
Answer:
Correct answer is D. All future costs, both variable and fixed
Explanation:
In target costing, all future costs both variable and fixed costs are relevant. This is for us to clearly determine the desired profit that the company wants to attain. The process of costing is to determine all future costs that the company will possibly incur in the production and add it to the desired profit margin to know the unit sales price of the product.
