Answer:
The rate of change in 6 months is 14.87%
Explanation:
Let a be the amount that the money is multiplied in one month. We know that in 30 months it is multiplied by 2, so if we power a by 30 wew obtain 2:
a³⁰ = 2
Thus, 2 = a³⁰ = a⁶*⁵ = (a⁶)⁵
(here we use the propiety a^bc = (a^b)^c = (a^c)^b)
We can conclude that a⁶ = 2^(1/5) = 1.1487
The rate in 6 months is (1.1487-1)*100 = 14.87%
Answer:
A. $35,000
Explanation:
The first $150,000 were invested in research and development of the product itself, not the patent. Thus, this amount should be debited to research and development expenses.
The only expenses directly related to the patent itself are the $20,000 spent on legal fees on January 2, 2017, and the $15,000 for legal fees in a successful defense of the patent on July 31, 2017.
Therefore, the total amount that should be debited to Patents (P) is:
P = $20,000 + $15,000 = $35,000
The correct answer is difficulty raising funds.
If a business is owned by a partnership, the company is limited to the amount of money that the partners have to invest. This is different from corporation, because when this type of business needs for funds they can sell more stock.
Answer:
buying the bill at a discount from the face value to be received at maturity.
Explanation:
Treasury bills also referred to as T-bills are short term financial instruments. T-bills are issued at a discount from the face value or par value of the bill. Therefore, a T-bill which has a face value of $2000 may have a purchase price of $1,500. The investor will buy the T-bill for $1,500 and upon maturity of the instrument, the investor will receive $2000. The difference between the purchase price of $1,500 and the amount received at maturity of $2000 is interest earned by the investor.
