Answer:
correct answer is c. You both have the same amount of money
Explanation:
given data
invest = $1000
pay compound interest = 10%
pay simple interest = 10%
time = 1 year
solution
we get here difference in the total amount that is your friend money - your money .................1
so difference in the total amount = invest × 
- [ invest + ( invest × rate × time) ] ......................2
put here value
difference in the total amount = $1000 × 
- [$1000 + ( 1000 × 10% × 1) ]
difference in the total amount = 0
so correct answer is c. You both have the same amount of money
The answer is $1000
As Change in real GDP= Change in gov. spending/(1-MPC)
So
100/(1-0.90)=1000
Gross domestic product is the monetary fee of all finished goods and services made inside a country during a selected duration. GDP affords an economic snapshot of a rustic, used to estimate the scale of a financial system and growth charge. GDP can be calculated in 3 methods, the use of fees, production, or earning.
In economics, the marginal propensity to consume (MPC) is defined as the percentage of a mixture enhance in pay that a consumer spends on the consumption of goods and offerings, instead of saving it.
Learn more about Gross domestic product here
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Answer:
Unearned membership revenue of $9,000
Explanation:
The sales on credit during January 2017 was valued at $12,000 ($200 x 60).
In March 2017, customers paid $3,000, leaving the balance of $9,000 outstanding.
Since the season for which sales and collections were made starts March 1, 2017, when reporting the financial statements for the period ending March 31, 2017, the Membership Revenue would be $3,000 only and the balance $9,000 would be reported as Unearned Membership Revenue in the Balance Sheet with a further $9,000 reported in the Accounts Receivable to balance the records.
This shows that Unearned Membership Revenue of $9,000 is the only valid statement.
You should consider whether you want it to be a private or public company. A private company means that should the business fall-out, you and your business partners are responsible for the cost of the lawsuit and you will have to pay out of pocket. If your business is public, meaning that people can buy shares of your stock, then you would only have to pay up to the value of the amount of stock that you own. Hope that helps!
Answer:
$13,800
Explanation:
Static budget report for the second quarter and for the year to date
PRODUCT LINE: BUDGET; ACTUAL; DIFFERENCE; REMARK
Guitar:The Edge 380,800 394,600
13,800 favorable
Production line = Guitar:The Edge
Budget =$380,800
Actual=394,600
Difference = 13,800
Remark : Favorable
