Answer and Explanation:
The computation is given below:
For Bank A,
Effective annual rate is
= (1 + 0.10 ÷ 12)^12 - 1
= 10.47%
For Bank B,
Effective annual rate is
= (1 + 0.11 ÷ 4)^4 - 1
= 11.46%
And,
For Bank C,
Effective annual rate = 12%
Therefore, Bank A is best to borrow at lowest effective annual rate
You run out and call 911 or whatever the number is for you and if you’re on fire stop drop and roll because if you run you’re only giving the fire more oxygen
The marketing plan, which should include <em>specific plans</em> to deal with all opportunities and threats.
Answer:
Explanation:
1. Prepaid Expenses: In this transaction, the collection is made in advance so it will be come under prepaid expenses
2. Prepaid Expenses: In this transaction, the office supplies are used in the next period, so it will be treated as prepaid expenses
3. Accrued revenues: The subscription revenue is already earned, so it will be treated as a accrued revenues
4. Accrued revenues: The rent is earned but not collected, so it will be treated as a accrued revenues
5. Accrued Expenses: As the expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses
6. Accrued Revenues: As the revenue is earned but not yet collected or recorded so, it will be treated as an accrued revenues
7. Accrued Expenses: As the interest expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses
