Answer:
$50,000
Explanation:
Since the partnership is valued at $300,000, then each partner's stake = $300,000 / 3 = $100,000
that means that each partner must purchase 2 policies (one for each of the other partners) that covers his/her stake = $100,000 / 2 policies = $50,000 per policy
Answer:
- The data will be acquired faster
- The data will be acquired on a cheper price
- It offers different perspective
- Eliminate bias from self-made research
Explanation:
Secondary sources are a form of data that is created by people who are not directly involved in the event. They do not experience in the event nor involved in the initial experiment that contributed to the event.
The data will be acquired faster since the food exporter do not have to arrange the research themselves. This eliminate the need to purchase research equipment and hiring researcher workers, which will lead to lower cost.
Not only that, using secondary sources will allow them to analyze the data from a neutral position. They do not developed bias that might come from making a conclusion by their own. They could also easily gather similar data from different sources in order to measure the data's accuracy.
Answer:
Financial advisor.
Explanation:
A financial advisor is an investment advisor at your local bank branch office. They are licensed professionals with the ultimate responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.
Answer:
The Current price will result in a low supply for the good.
Explanation:
Answer:
See explanation section.
Explanation:
The journal entry to record the failure of paying note receivable which is dishonored by pope, is as follows:
December 1, Accounts receivable Debit $10,500
Notes receivable Credit $10,000
Interest receivable Credit $500
Calculation: Interest receivable = $10,000 × 10% = 1,000 × 6 ÷ 12 = $500
If a customer pays the bill later, a new interest will have to pay to the seller.
