Answer:
The bank
Explanation:
The bank benefits because when setting up the loan, the determined rate accounted for a 4% reduction in purchasing power, while the actual reduction in purchasing power was 2%. Therefore, Zac will be paying back "money that is worth more" and the bank benefits.
Answer:
One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to
C) verify that the investment adviser still qualifies for SEC registration
Explanation:
Filing the annual Form ADV Part 1A gives the SEC and the state securities authorities information about the investment adviser's business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the adviser or its employees. The form enables the SEC to register investment advisers and to obtain information from and about exempt reporting advisers.
<u>Answer:</u> Option 1 After income from continuing operations.
<u>Explanation:</u>
A disposal account shows the profit or loss from the sale of any asset. When the sale price is higher than the book value of the component then it is a gain. When the sale price is less than book value then it is a loss.
Loss from the sale of component will reduce the income of the business. When there is a loss it is debited in the income statement. This appears below the operations income and it is deducted from the revenue to show the actual value of the revenue.
<span>Ratio Schedule of Reinforcement
A set NUMBER OF RESPONSES is required for reinforcement. If the ratio is 3 responses, reinforce the 3rd response. Ratio=Response</span>
Answer:
The answer is b. Up to $4 million.
Explanation:
It is critical to recognize that $3 million already spent on developing the product is the sunk cost, which is irrelevant cost that should not be included in the budget further spend for the new product.
As the new product is expected to generate a revenues of $4 million, the further cost should be spent on the new product development should not be exceeded the $4 million.
Thus, the answer is b. Up to $4 million is the correct choice.