Answer:
Explanation:
the picture attached shows all the explanation needed
The effective interest rate on a discounted note is
.. 1/(1-r) = 1/0.9 ≈ 11.11%
_____
The amount and time have nothing to do with it for simple interest.
Answer: Investment for Desmond and US foreign direct investment.
Explanation:
This is an investment for Desmond because he owns the store. He is therefore the equity shareholder and investor into the store.
It is also a U.S. Foreign Direct Investment (FDI) because FDI is what describes a situation where an entity from a country goes to another country and sets up a business there that they will own and operate. Desmond being a U.S. citizen is operating a store in another country so this is U.S. FDI.
Answer:
equity = $19500
Explanation:
Given data:
current assets $3900
net fixed assets $26,500
current liabilities $3400
debt = $7500
Total liabilities = current liabilities + long term debt
= 3400 + 7500 = $ 10,900
Total assets = current assets + net fixed assets
= 3900 + 26,500 = $30,400
We know
total assets = total liabilities + equity
30400 = 10900+ equity
equity = $19500
