Answer:
<u>86 payments approximately</u>
<em>Explanation</em>:
<u>First</u>;
Find the monthly average interest rate,
=7%/12
=0.0058333333
<u>Second</u>;
Add the monthly average interest rate to the monthly payment
= $175 + 0.0058333333
= $175.00583333 (average total monthly balance)
<u>Third</u>;
Divide final account balance by the average total monthly balance
= 15,000 / 175.00583333
=85.71 payments.
Answer:
A) Year 1 cost of goods sold
B) Year 2 cost of goods sold
D) Year 2 beginning inventory
Explanation:
A) Year 1 expense of merchandise sold : The Current year cost of Goods Sold is processed by deducting finishing stock from Opening Inventory and Purchases made during the year. So in the event that the completion stock isn't right, at that point the result of above calculation will not be right so the Year 1 expense of merchandise sold for example (Current year cost of Goods Sold) will be inaccurate.
D) Year 2 starting stock: year 2 starting stock is equivalent to year 1 completion stock. So on the off chance that off-base stock estimation is made at end of earlier year, at that point current year opening worth will be carried on as off-base.
B) Year 2 expense of merchandise sold: The explanation is same as ans q(i.e. Year 1 expense of merchandise sold) as off-base convey forward opening stock worth will bring about wrong calculation of cost of products sold for year 2.
Answer:
The three general methods of title assurance are as follow:
- General Warranty Deed: In this method, the grantor warrants that the title he/she conveys to the property is free and clear of all encumbrances, besides those ones which are specifically listed in the deed.
- Special Warranty Deed: This method makes the same warranties as a general warranty deed except that it limits their application to defects and encumbrances which occurred only while the grantor held title to the property.
- Quitclaim Deed: This method offers the grantee the least protection in that it simply conveys to the grantee whatever rights, interests, and title that the grantor may have in the property. No warranties are made about the nature of these rights and interests or of the quality of the grantor's title to the property.
- Recommendation: I'll recommend the General Warranty Deed, because it offers the most comprehensive warranties about the quality of the title.
Answer: Theory Y
Explanation: Theory Y refers the leadership style in which the managers have a perception that their subordinates are highly effective and motivated. These managers do not strictly monitors the performance of their subordinates and encourages self regulation and self control.
In the given case, Crater valley assumes there workers to be committed and give them liberty to make their own decisions.
Hence we can conclude that Crater valley reflects theory Y leadership style.
