Answer: <em>Option (c) is correct.</em>
<em>Promoting the use of group-think can further make a group's decision-making more efficient and effective. Group-think is a cognitive or intellectual phenomenon that arises within a group of individual where they aspire for harmony or consonance in the group which earlier would've resulted in an preposterous or dysfunctional outcome. </em>
<em></em>
Answer:
Nil or $0
Explanation:
The entire amount of $1,720,000 should be reported as long term liability, as the both the criteria of intent and ability are met. The second note (long term note) was issued to repay the first one. It is presumed the firm did not have enough current assets to pay the first note and that the second note is made before the issue of the balance sheet. So, the amount to be reported as current liability is "nil".
Answer:
The answer to this question is E. $25,258.
Answer:
the study of how society uses it's limited resources
Answer:
Explanation:
a.)
Amount deposited ; PV = 2,500
Monthly interest rate; r = 3.25% / 12 = 0.2708% or 0.002708 as a decimal
Duration of investment ; n = 5 months
Use future value formula to find the accumulated amount by the end of the 5th month;
FV = PV *(1+r)^n
= 2,500* (1.002708)^5
= 2,500 * 1.01361
= 2,534.025
Therefore, the account will have $2,534.03
b.)
Compound interest is the interest earned on the initial amount deposited(Principal) and on the accumulated interest already earned.
The compound interest is therefore total future value minus the initial amount invested;
= $2,534.03 - 2,500
= $34.03