The value added for each agent in the economy is as follows
Intelligence incorporated: 100 x 200 = 20,000
Bell: 800*100 - 20,000 - 50 x 100 = 55,000
PC Charlie's: 1000 x 100 - 800 x 100 = 20,000
GDP = 20,000 + 55,000 + 20,000 = $95,000
What is the value-added method?In business, the total value added is calculated by adding the unit value contributed for each sold unit of a good. The total value added is therefore equal to revenue less intermediate consumption.
Employee remuneration, which represents a return on labor, and earnings before taxes, which represents a return on capital, very closely match the total value produced.
For integrated organizations, value-added represents a higher percentage of sales; for less integrated companies, value-added represents a lower percentage of revenue.
The term "value-added" in economics, and more specifically macroeconomics, refers to the improvement in the product's value and the income of the persons who own the production-related variables.
Consequently, both labor and capital contribute to the value added by the nation.
To know more about the value-added visit :
https://brainly.com/question/17162778
#SPJ4
jason thomas has invested $200,000 in a privately held family corporation. the corporation does not do well and must declare bankruptcy. what amount does thomas stand to lose? a. up to his total investment of $200,000. b. zero. c. the $200,000 plus any personal assets the creditors demand. d. $100,000.
Thomas could lose all of his $200,000 investment.
Describe bankruptcy.
When a person or corporation is unable to pay back their debts or obligations, bankruptcy is a legal process that is started. A petition is filed either on behalf of creditors, which is less frequent or by the debtor, which is how the bankruptcy process gets started.
All of the debtor's assets have been counted and assessed, and they might be utilized to pay off some of the outstanding debt.
Is Bankruptcy an Excellent Option?
Unfortunately, bankruptcy may be the best option for certain individuals or companies. The alternative to liquidating all of your assets and facing court judgments for non-payment or contract breaches may be necessary if debts grow to be too large to manage.
Learn more about bankruptcy here:
brainly.com/question/1142634
#SPJ4
The system of governing a company so that the interests of corporate owners and other stakeholders are protected is known as corporate governance. True or false?.
The system of governing a company so that the interests of corporate owners and other stakeholders are protected is known as corporate governance is a true statement.
What is corporate governance?Corporate governance in business is the system of rules, processes and practices by which a firm is controlled and directed . Corporate governance involves balancing the company's interests with different stakeholders,such as suppliers shareholders, customers, senior management executives,the government,financiers and the community.Since corporate governance provide framework for attaining the objectives of the company. It also encompasses every sphere of the management, from action plans to internal control and from performance measurement to corporate disclosure.To learn more about corporate governance, refer
https://brainly.ph/question/12463743
#SPJ4
The inputs that a manager uses to alter production are referred to as:________
a) plant and equipment.
b) long-run factors.
c) fixed factors.
d) variable factors.
The inputs that a manager uses to alter production are referred to as variable factors. Thus the correct option is D.
What is the manager?A manager is an individual in any organization responsible for coordination and control of business operations by doing optimum utilization of resources.
There are different types of managers present in the organization having separate roles and responsibilities.
When a manager uses inputs to alter production are referred to as variable factors those values change with the output. These variable factors can be labor, raw materials as well as machinery used in production.
Therefore, option D is appropriate.
Learn more about Managers, here:
https://brainly.com/question/28017308
#SPJ1
not only did the systematic clearing of forests in the united states create farmland (especially in the northeast) and gave consumers relatively inexpensive houses and furniture, but it also caused erosion and very quickly deforested whole regions.
Not only did the systematic clearing of forests in the United States create farmland (especially in the northeast) and gave consumers relatively inexpensive houses and furniture, but it also caused erosion and very quickly deforested whole regions. This statement is true.
There are always pros and cons of decisions in life, although clearing of forest created farmland and gave consumers relatively inexpensive houses and furniture, but it also caused problems like deforestation, soil erosion, extension of species and soil infertility etc. Humans always tend to look for things that serve them advantages no matter the harm they cause to the mother nature.
To know more about deforestation refer to the link below
https://brainly.com/question/579463
#SPJ4
a canadian agaent has an existing client who goes on vacation to seattle, washington. the agent wishes to contact the customer in seattle aboout an investment that he wishes to recommed
The IAR need not register in the State of Washington because the customer is on vacation.
Since their clients frequently travel extensively within the United States, Canadian broker-dealers and investment advisers are covered under the Uniform Securities Act. A Canadian broker-dealer or investment adviser is immune from registration (as are its agents) when executing trades for current clients who are temporarily vacationing in the US as long as they do not have a place of business there.What is IAR?On behalf of a registered investment advisor, or RIA, an investment advisor representative provides clients with advice. An investment company that has registered with the Securities and Exchange Commission (SEC) is known as a registered investment advisor .Learn more about IAR here:
https://brainly.com/question/16033676
#SPJ4
what is the marginal cost (mc) and marginal benefit (mb) of hiring each worker? using the rational rule to maximize her economic surplus, how many workers should aliyah hire?
Aliyah should hire three workers. Marginal gain is the most quantity of money a consumer is willing to pay for an extra appropriate or service.
The consumer's delight tends to minimize as consumption increases. Marginal fee is the alternate in value when an extra unit of a excellent or carrier is produced.
What is MC and MB in economics?Economists are making sensible preferences by way of comparing the extra advantage to the corresponding extra price at every decision. The more benefit is referred to as Marginal gain (MB); the extra fee is referred to as Marginal cost (MC). You must only choose an object when its MB is higher or equal to its MC.
Learn more about marginal cost and benefit here:
https://brainly.com/question/17230008#SPJ4The primary disadvantage of the meet-the-competition method of marketing communication budgeting is:________
The potential liability to meet-the-competition budgeting is that marketing dollars might not be spent efficiently.
How do firms determine marketing communication budgets?There are four common methods used by firms to decide on the communications budget. These are the reasonable method, the percentage-of-sales way, the competitive parity strategy, and the objective-and-task method. Many businesses operate more than one method to come at a relatively accurate allocation figure.
Marketers position their products by continually researching what their customers like and want.
The marketing mix also understood as the four P's of commerce, guides the four key elements of a marketing strategy: product, price, place, and promotion.
To learn more about marketing communication visit the link
https://brainly.com/question/13691052
#SPJ4
Can a continuous preference relation be represented by a discontinuous utility function?
This function is a step function, which is always discontinuous. Discontinuous essentially means that you cannot draw the entire graph without lifting your pencil.
What is meant by continuous and discontinuousfunctionsn?If a function can be drawn without picking up a pencil, it is said to be continuous. If not, there is a function that is considered to be discontinuous. Similarly, if there is no break in the assigned function's graph at the point where x = c, a function f(x) exists continuously.
The fact that temperature can have any value from the range of real numbers between -273 degrees Celsius (absolute zero) and positive infinity makes it a continuous variable.
Continuous variables exist as those whose values can be both real numbers and fractional numbers, whereas discrete variables only have a value that can be an entire number.
To know more about continuous and discontinuous functions visit :
https://brainly.com/question/17751836
#SPJ4
in november 2017, treasury 3 7/8s of 2041 offered a semiannually compounded yield to maturity of 3.00%. recognizing that coupons are paid semiannually, calculate the bond's price. assume face value is $1,000. (do not round intermediate calculations. round your answer to 2 decimal places.)
The bond's price assumes face value is $1,000 is $1,137.65
Nominal value refers to the dollar value of a financial instrument at the time of issuance. The face value of a bond is the price that the issuer will pay at maturity, and bond prices and bond yields are inversely related. If bond prices go up, yields go down. When bond prices fall, yields rise. This is because the bond's coupon rate remains fixed, so the secondary market price fluctuates frequently in line with prevailing market interest rates. The value printed or depicted on a coin, banknote, stamp, ticket, especially if it is less than its actual or intrinsic value.
The Price of the Bond is the aggregate value of the Present Value of the coupon amounts plus the present value of the face value
Face Value = $1,000
Semi-annual Coupon Amount = $19.375 [$1,000 x 3.875% x ½]
Semi-annual Yield to Maturity = 1.55% [3.10% x ½]
Maturity Years = 52 Years [(2041 – 2015 ) x 2]
The Bond Price = Present Value of the Coupon payments + Present Value of Face Value
= $19.375[PVIFA 1.55%, 52 Years] + $1,000[PVIF 1.55%, 52 Years]
= [$19.375 x 35.52186] + [$1,000 x 0.44941]
= $688.24 + $449.41
= $1,137.65
Therefore, Bond Price = $1,137.65
Learn more about the bond's price here:-https://brainly.com/question/15567868
#SPJ4
At the end of march, paul’s painting hired five temporary employees to work on a project that began on april 5 and ended on april 28. Paul’s received 100% of the total payment for the project on may 3. In this situation, both ________ accounting and gaap require that paul’s recognize the employees’ total salary expense in ________.
In the given situation, both accrual-basis accounting and GAAP require that paul’s recognize the employees’ total salary expense in April.
Accrual-basis accounting records business income and related costs as they are incurred, rather than when money is exchanged. The implication of this is that businesses report revenue when it is earned rather than when it is received. A corporation can record revenue using the accrual accounting technique of financial accounting even if it hasn't yet received payment for the items or services it has sold. Expenses are recorded when they are incurred. Accrual accounting is recommended by Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). With the exception of extremely small enterprises and people, it has therefore evolved into the norm for the majority of businesses claimed by GAAP.
Learn more about Accrual-basis accounting here
https://brainly.com/question/14947252
#SPJ4
Marketing Mix Elements:
1. A flake cereal becomes a strawberry
flake cereal.
2. A customer buys a magazine from
the checkout aisle.
3. A customer thinks the benefits
outweigh the costs.
4. A firm runs an advertisement in the
newspaper.
5. A firm communicates a message to
a customer.
6. A customer orders a product online.
7. A firm figures out what a customer
needs.
[Choose ]
[Choose ]
[Choose]
[Choose]
[Choose]
[Choose]
[Choose]
>
A product changes from a flake of cereal to strawberry flake cereal.
In the checkout line, a customer purchases a magazine.
A client believes the benefits outweigh the price.
A company's publication of an advertisement in a newspaper is a promotion.
A company's promotion is how it tells a customer what it stands for.
A place where a customer orders a goods online
A business determines that a customer requires a certain product.
A product is anything that can be supplied to a market to satiate the need or want of a client. In marketing, a product is an object, system, or service made accessible for consumer usage as of consumer demand. Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials and then sold as finished things in the manufacturing sector. An additional category of goods is a service. A commodity can be anything that is widely available on the open market, however they are typically raw commodities like metals and agricultural products. In project management, "products" are the formally defined project deliverables that make up or help deliver the project's objectives.
Learn more about products here
https://brainly.com/question/22852400
#SPJ9
If a company has total assets of $2,000, current assets of $500, current liabilities of $750, and total liabilities of $1,200, what is the company’s debt-to-equity ratio?.
The company’s debt-to-equity ratio will be 1.500
What is Asset?An asset is considered a resource of the business which has an economic value in the future of the business and helps business activities to take place smoothly.
The calculation for the debt-to-equity ratio is
total assets = $2,000
current assets = $500
current liabilities = $750
total liabilities = 1,200
debt-to-equity ratio= Total Liabilities / Total Equity
= $1,200 / $800
= 1.500
Working note for total equity-
Total Equity = Total Assets - Total Liabilities
= $2,000 - $1,200
= $800
Therefore the debt-to-equity ratio of the company is 1.500
Learn more about Asset, here:
https://brainly.com/question/13848560
#SPJ1
In order to have more efficient supply chains, when the world becomes your market, what term has been used to describe how intermediaries are often critical to facilitate effective commerce?.
The phrase "marketing intermediaries" has been used to highlight how important intermediaries are to facilitating efficient commerce.
Define marketing intermediates.Many manufacturers use marketing intermediaries to carry out a variety of crucial functions necessary to convey the product to the end user rather than selling goods or services directly to clients. The group of middlemen, which includes middlemen (wholesalers, retailers, agents, and brokers), distributors, and financial intermediaries, is referred to as the "marketing channel" or "channel of distribution." These middlemen frequently sign longer-term contracts with the producer. Producing finished goods from raw materials, producers either send them directly to the retailer or, less frequently, the client. However, finished goods often travel from the producer through one or more wholesalers before they reach the store and the buyer.
to know more about marketing intermediaries check the link given below:
brainly.com/question/16344809
#SPJ4
poland requires 4 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat. the czech republic requires 6 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat.
Poland requires 4 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat. the czech republic requires 6 hours of labor to produce a ton of coal and 10 hours of labor to produce 10 bushels of wheat.
between 1/6 ton and 1/4 ton of coal per bushel of wheat
How many pounds is a bushel of wheat?
60 pounds
Corn was allocated a bushel weight of 56 pounds, while soybeans and wheat were allocated bushel weights of 60 pounds. Some other models are: Rye at 56 pounds per bushel, barley at 48, oat and fescue at 32, etc
How multiple loaves of bread do you get from a bushel of wheat?
A bushel of wheat yields 42 one-and-a-half pound retail loaves of white bread OR about 90 one-pound loaves of entire wheat bread. There is around 16 ounces of flour in a one-and-a-half pound loaf of bread.
To learn more about bushel of wheat, refer
https://brainly.com/question/4911808
#SPJ4
True or False. The people in the stock exchange are paid a share from the investors’ profits.?
Answer:
false
Explanation:
Since ethical issues fall into the gray area between black-and-white legality, how should creatives approach ethics?
Since ethical issues fall into the gray area between black-and-white legality, You take some time to define your own ethical boundaries
This is further explained below.
What are ethical boundaries?Generally, When referring to caregiver relationships, "ethical limits" refers to the ethical norms that ought to regulate them in order to differentiate them from personal, intimate, or professional connections.
Within the canon of ethical writing, there is a distinction made between boundary breaches and boundary crossings.
In conclusion, Given that moral dilemmas exist in the ambiguous space that separates right and wrong, you should spend some time figuring out where your own ethical lines are drawn.
Read more about ethical boundaries
https://brainly.com/question/22050866
#SPJ1
Relative to sales of regular bottled water, sales of premium bottled water would likely decline during a recession by:______
Relative to sales of regular bottled water, sales of premium bottled water would likely decline during a recession by more because it is more likely to be a luxury.
What is recession?A recession can be described as the widespread, as well as the prolonged downturn that a country could be experiencing in her economic activity.
It should be noted that this can be recorded when there is consecutive quarters of declination in the in gross domestic product that can be attributed to a particular country.
In conclusion Recessions do bring about the declines in economic output, as well as employment, hence in the Relative to sales of regular bottled water, sales of premium bottled water would likely decline during a recession by more because it is more likely to be a luxury since the price of goods as well as services is high at that time and everything becomes costly.
Learn more about recession on:
https://brainly.com/question/532515
#SPJ1
CHECK THE COMPLETE QUESTION:
Relative to sales of regular bottled water, sales of premium bottled water would likely decline during a recession by because it is more likely to be a ▼ less more
▼ .Luxury necessity
If a shortage exists in the car market, then the current price must be than the equilibrium price. For the market to reach equilibrium, you would expect.
If a shortage exists in the car market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to pay higher prices.
What is equilibrium price?Market supply and demand must balance one another to reach equilibrium, which leads to stable pricing.
In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.
The consumer cost associated with a good or service when supply and demand are equal or nearly equal is referred to as the equilibrium price, also known as the market-clearing price. T
he producer or vendor may sell as many units as they like, and the buyer may access as many units as they choose to purchase.
To learn more about equilibrium price, refer
https://brainly.com/question/17193674
#SPJ4
If a shortage exists in the car market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to pay higher prices.
What is equilibrium price?Market supply and demand must balance one another to reach equilibrium, which leads to stable pricing.
In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.
The consumer cost associated with a good or service when supply and demand are equal or nearly equal is referred to as the equilibrium price, also known as the market-clearing price. T
The producer or vendor may sell as many units as they like, and the buyer may access as many units as they choose to purchase.
To learn more about equilibrium price, refer
brainly.com/question/17193674
#SPJ4
Wanda has a strong desire to make the world a better place and is concerned with saving the planet. Therefore, she shops local, buys organic foods, and recycles regularly. Which of maslow’s needs do wanda’s actions fulfill?.
Wanda's actions of buying organic food shops locally and recycling regularly fulfill Maslow's needs for self-esteem.
Maslow's needs is a theory of motivation that states five categories of human needs dictate an individual's behavior. These include physical needs, safety needs, needs for love and belonging, needs for esteem, and wants for self-actualization.
Confidence, fortitude, self-belief, social and personal acceptability, and respect from others are all aspects of self-esteem. One of the crucial phases in reaching contentment or self-actualization is the fulfillment of these demands. Self-esteem affects how you make decisions, how you interact with others, how you feel emotionally, and how you feel overall.
To learn more about Maslow's needs
https://brainly.com/question/24705156
#SPJ4
The most noticeable difference between common-law and code-law systems is found in the laws governing _____.
The laws governing intellectual property are where common-law and code-law systems most obviously diverge.
What is intellectual property ?The collection of intangible assets that a company or person possesses and is legally entitled to guard against illegal use or application by third parties is referred to as intellectual property.
The concept of intellectual property was developed on the premise that some works produced by the human mind should be afforded the same legal protections as material possessions.
Hence, the difference between common-law and code-law systems is found in the laws pertaining to intellectual property.
Learn more about Intellectual property here:
https://brainly.com/question/17348419
#SPJ1
Decision-making autonomy, task significance, and interdependence characterize the ________ approach to job design
Decision-making autonomy, task significance, and interdependence characterize the motivational approach to job design.
Personal autonomy is a concept generally understood to refer to being one's own person, the ability to live one's life according to reasons and motives assumed to be one's own, and not to external forces. is not the product of manipulating or distorting the It will definitely increase your satisfaction, motivation, creativity, and overall well-being. Many employers have found that their employees are more productive because they have abandoned micromanagement techniques in favor of autonomy and self-management.
Learn more about autonomy here
https://brainly.com/question/536789
#SPJ1
a foodservice uses the mini-max system to determine the amount to order. canned peaches have a maximum inventory level of 10 cases and a safety stock factor of 2 cases. the foodservice currently has 6 cases of hand. how many cases should be ordered?
Zero cases should be ordered.
A trigger for reordering is set by the Min/Max inventory method when the minimum value is reached.
What is mini-max system?The min/max approach aims to keep the amount of current on-hand inventory between two values. Users can select a minimum stock level, and when it is achieved, a reorder is placed to bring the stock level of that item up to the maximum inventory level. Reordering is as easy as calculating the difference between the maximum and the quantity on hand.Setting minimum and maximum stock levels in your inventory management database or computerized maintenance management system (CMMS) can help ensure that you always have immediate access to crucial parts or products with lengthy lead times while also giving you the tools to reduce the risk of overstocking and unnecessary spending.Learn more about maximum inventory level here:
https://brainly.com/question/13933645
#SPJ4
in the previous chapter, significant problems regarding the ability of borrowers to meet mortgage payments and the evolution of fixed interest rate mortgages with various payment patterns were discussed. why didn’t this evolution address problems faced by lenders? what have lenders done in recent years to overcome these problems?
These shortcomings result from the CAM, CPM, and GPM all having fixed interest rate originations and having predetermined payment patterns, despite the reality that payment patterns can be adjusted to suit borrowers as expectations change. Regardless of the state of the economy, the interest rate and payment schedule won't alter.
Various mortgages are now offered with variable interest rates or payment terms that fluctuate based on the state of the economy.
What is fixed interest rate?A fixed interest rate is a rate that never changes that is applied to a liability, like a loan or mortgage. It might be applicable for the full loan term or just a portion of it, but it doesn't change over the course of a predetermined time. Mortgages can have a variety of interest-rate choices, such as one that combines a fixed rate for a portion of the term and an adjustable rate for the remaining portion. These are known as "hybrids."
To learn more about interest rate visit:
https://brainly.com/question/2496648
#SPJ4
elena’s store had a balance in its retained earnings account of $100,000. during the year elena’s store had revenues of $80,000 and expenses of $45,000. in addition, the business paid cash dividends of $20,000. what is the balance in retained earnings at december 31, 2020 for elena’s store?
Retained Earnings (RE) are the cumulative part of a company's profits that are not given to shareholders as dividends but are instead saved for reinvestment back into the company. Typically, these funds are utilised to acquire working capital and fixed assets (capital expenditures) or to pay off debt commitments.
How Does Net Income Affect Retained Earnings?Any changes or movements in net income will have an immediate impact on the RE balance. A rise or fall in net income, as well as the occurrence of a net loss, will pave the way for either firm profitability or deficit. Due to huge, cumulative net losses, the Retained Earnings account might be negative
Sales income, cost of goods sold, depreciation, and other operational expenditures are examples of these items. Non-cash items like as write-downs or impairments, as well as stock-based remuneration, have an impact on the account.
learn more about Retained Earnings refer
https://brainly.com/question/25631040
#SPJ4
If a country has a comparative advantage in the production of a good, then that country.
If a country has a comparative advantage in the production of a good, then that country has a lower opportunity cost in the production of that good. Comparative advantage is a theory that explains why businesses, nations, or people might gain from trade. Ability to create a good or service for a lower opportunity cost is a benefit of comparative advantage.
Companies with a comparative advantage are able to sell their products and services for less than their rivals do, resulting in higher profit margins and stronger sales margins. the capacity of a producer to outproduce a rival in terms of production of a good or service.
To learn more about comparative advantage, click here.
https://brainly.com/question/14668211
#SPJ4
Where is the location of the Board of Governors?
Type the correct answer in the box. Spell all words correctly.
Complete the sentence with the correct word.
Mia likes to write books during her
free time. At present, three of her books have been
published and sold around the world.
The income received
from selling her
books is an example c
income.
Reset
Next
The income received from selling her books is an example of passive income.
Income is split up into three categories by the IRS in the US: active income, passive income, and portfolio income.
What is passive income?A sort of unearned income known as passive income is one that is automatically acquired and requires little to no work to retain. It frequently goes hand in hand with another revenue stream, like a second job. A taxable acquired income, passive income is derived from capital gains or has a connection to the tax deduction system.Examples of passive income include producing books, recording music, selling digital goods, and generating other items that generate money. Investing. capital gains through asset investments.Investing in dividend stocks is one of the simplest passive income strategies available. When you buy a dividend stock, you support a company's operations while also getting regular returns on your investment. Progressive passive income is described as such when the earner puts minimal effort into increasing the revenue.Learn more about passive income here:
https://brainly.com/question/2297954
#SPJ9
Engaged learners often
a. hope the instructor covers the reading in class.
b. listen attentively to lectures.
c. ignore all their other classmates.
d. stay silent in class.
Engaged learners often listen attentively to lectures. The correct option is B. According to research, including students in the learning process improves their concentration and focus and encourages them to use more sophisticated critical thinking.
How does student engagement impact student performance?The researchers discovered that students who demonstrated engagement, as evidenced by punctuality, preparation for and participation in class work, and making an effort to finish their assignments and homework, had a higher likelihood of being academically successful, maintaining passing grades throughout high school, and graduating on time.
Student engagement, which refers to how attentive, curious, interested, upbeat, and passionate students are when learning or being taught, also includes how motivated they are to study and advance in their education, is referred to as learner engagement.
Thus, the ideal selection is option B.
Learn more about Engaged learners here:
https://brainly.com/question/13942369
#SPJ2
If the cross-price elasticity between goods x and y is -2.0, the goods are ________ and an increase in the price of good x will cause a(n) ________ in the demand of good y.
If the cross-price elasticity between goods x and y is -2.0, the goods are Complementary and an increase in the price of good x will cause a(n) Decrease in the demand of good y.
The commodities are complementary if the cross-price elasticity between Goods X and Y is less than 2.0. Complementary items' cross-price elasticity is always negative. Because complementary commodities are utilized in tandem, a rise in the price of Good X will result in a fall in the demand for Good Y.It's because a decrease in consumption of one good will result from a rise in the price of the other if the cross price elasticity is negative.
As a result, the two products will be consumed simultaneously, and in most cases, if one thing becomes pricey, so will the other. By the same reasoning, all of the other choices are erroneous.
To Learn more about Price Elasticity, Click the links.
https://brainly.com/question/13565779
https://brainly.com/question/13691796
#SPJ4
burrow, inc. borrowed $20,000 with an annual rate of 6%, the note and interest are due at the end of two years. by the end of the first month, the interest incurred equals $
Burrow, inc. borrowed $20,000 with an annual rate of 6%, and the note and interest are due at the end of two years. by the end of the first month, the interest incurred equals $100.
Annual interest manner the full amount of all accrued or capitalized hobby paid in the course of that period, without duplication, for the enterprise during the Trial length, except for mortgage expenses. Annual Interest accrues whilst you take out a mortgage or line of credit score. expenses and hobby at the books ought to be recorded.
To document interest accumulated in an accounting length, debit the interest prices account and credit score the annual rate amassed money owed. This increases costs and liabilities. gathered interest accumulates over time and isn't always cloth to a organisation's operational productivity over the years.
Collected interest is usually expected to be received or paid inside 12 months and is therefore counted as a current asset for the lender and cutting-edge liability for the borrower.
Learn more about An annual rate here:-https://brainly.com/question/15728540
#SPJ4