ANSWER:
Most small business ventures are in the low innovation/high risk category of the entrepreneurial strategy matrix.
~batmans wife
Answer:
Monthly payment is $151,567.83
Explanation:
Monthly Payment can be calculated using following formula
Value of Mortgage = Monthly payment x ( 1 - ( 1 + Monthly Interest rate )^-Numbers of months / Monthly iNterest rate
Where
Value of Mortgage = $13,200,000
Monthly Payment = ?
MOnthly Interest rate = 6.75% / 12 = 0.5625%
Numbers of months = Tem of Mortgage x 12 = 10 years x 12 = 120 months
Placing values in the formula
$13,200,000 = Monthly payment x ( 1 - ( 1 + 0.5625% )^-120 / 0.5625%
$13,200,000 = Monthly payment x 87.08972
Monthly payment = $13,200,000 / 87.08972
Monthly payment = $151,567.83
Answer:
Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.
Explanation:
This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.
Answer:
Part 1. The purchase of supplies for $760 cash was debited to Equipment $200 and credited to Cash $200.
Merchandise $ 760 (debit)
Cash $ 560 (credit)
Equipment $200(credit)
Part 2. A $530 dividend was debited to Salaries and Wages Expense $800 and credited to Cash $800.
Cash $270 (debit)
Dividend $530 (debit)
Salaries and Wages $ 800 (credit)
Part 3. A payment on account of $700 to a creditor was debited to Accounts Payable $230 and credited to Cash $230
Account Payable $470(debit)
Cash $470 (credit)
Explanation:
Part 1. The purchase of supplies for $760 cash was debited to Equipment $200 and credited to Cash $200.
Derecognise the $ 200 Equipment recored in error.The Cash figure was understated, therefore derecognise a further $560 to reflect the outflow of economic benefits. Lastly the Merchandise or Inventory Account must the recognised. This is the correct asset account to the original transaction.
Part 2. A $530 dividend was debited to Salaries and Wages Expense $800 and credited to Cash $800.
Recognise an equity element - Divident. Assets of cash were overstated therefore recognise the overstated amount of $270. Salaries and Wages Account was recognised in error therefore de-recognise this expense account.
Part 3. A payment on account of $700 to a creditor was debited to Accounts Payable $230 and credited to Cash $230
The transactions was recorded in correct accounts for the debit and credit but with wrong or understated amounts. Recognise a further $230 for Accounts Payable and a further 4230 for Cash
Answer:
The answer is Benfit both kalene and jarek
Explanation:
It can help them both out in ways.
-Justin:)
