The correct answer is: Subsidized Loans
Hope this helped!
Answer:
The proper amount of expenses to be included in the income statement for the year is $6,650
Explanation:
The computation of the expense amount which is included in the income statement is shown below:
= Repair expenses + electricity bill + insurance expense
= $4,650 + $800 + $1,200
= $6,650
The insurance expenses are given for the three months but we have to calculate for the 2 months only
So for two months = $1,800 × 2 ÷ 3 = $1,200
And, the wages are given for the last year which is not included in the income statement as it shows outstanding wages. So, we do not consider it.
Answer:
Omnichannel strategy
Explanation:
Omnichannel strategy -
It is the strategy adapted by an organisation in order to enhance the experience of the user .
It is a cross - channel content strategy .
The resources of these , Omnichannel strategy , are are orchestrated and designed to cooperate .
This approach or strategy is used in many industries , like ,telecommunications , retail , government , healthcare and financial services .
Hence , the example given in the question , is of a Omnichannel strategy .
Base on my research this type of argument is baseless but it depends on the 100% free enterprise market system. With this system, the government doesn't have regulatory powers to protect the interest of the consumers from the financial institutions. In a situation that without the interest rate modulation, the rate charged on loans could be 40% while the rate paid on savings could be 1%. If this happens the financial institutions will not have to pay FDIC insurance to ensure the solvency of the overall system.
Answer:
Explanation:
Present value is calculated as the discounted sum of either a fixed amount or a series of payments in the future, at a given interest rates.
For example, at an interest of 5%, $100 in 10 years will be valued at $100 / 1.05^10 = $61.39 today
