Answer:
Its always a competition
Explanation:
People use to complete on how the world gets and receives items same in business, companies compeate all the time trying to get the most money, visitors, and promotions.
<span>Purchased the patent for $170,000 in the beginning of 2011.Expected useful life is 10 years.Has a legal life of 17 years.Amortization expense = Cost/estimated useful life = $170,000/10 years = $17,000 per yea</span>
Answer:
A. Gig economy
Explanation:
Gig economy is a job system where organizations and independent workers agree on short-term work contracts. The term Gig means a <em>job for a specific time</em>. The gig economy is growing fast. It is predicted that by 2020, 40m percent of all the workers in the US will be independent contractors.
The advance in technology has helped propel the popularity of the gig economy. Organizations can recruit workers from across the globe. The workers will perform their duties form any location and submit their work through technology.
Examples of workers in the gig economy include.
- Freelancers
- Independent contractors and professionals
- Consultants
- Temps (temporary contract workers)
In recording business transactions, evidence that an accounting transaction has taken place is obtained from source documents. A source document is the first and origional way that transactions are entered for an accounting system. Everything in the source documents then gets transferred into a companies accounting system and stored for later use. The first and original documents are the source documents because they are the source of where the first transactions were recorded.
Answer:
Installment
Explanation:
In installment credit, the borrower makes periodic, fixed, and scheduled loan repayments. The loan has a set timeline by which it ought to be fully repaid. The periodic repayments( installments) are mostly monthly. The installment amount is predetermined and includes the principal amount and an interest component.
Every installment payment reduces the loan balance. The borrower continues making payments until the entire loan is repaid. Installment contrasts with revolving loan type. Under the revolving loan, the lender sets a loan limit for the borrower. The borrower can borrow as many times as long as they are below the set limit.
