Answer:
The answer is an intermediary between the saver and the borrower
Explanation:
In this example, the bank is acting as an intermediary between the saver and the borrower.
Answer:
$4,500
Explanation:
depreciation expense
= [revised cost of asset - salvage value]/[remaining life of the assets]
= [$39,000 - $3,00]/[8 years]
= $4,500
Therefore, The Depreciation expense for Year 6 is $4,500.
Answer:
Option (c) $7,672
Explanation:
Data provided in the question:
Investment amount i.e principle = $9,875
Interest rate,r = 4.8%
Time, t = 12 years
Now,
Future value = Principle ×
n = number of times compounded per year
Future value =
Future value =
Future value =
Future value = $17,546.55
Also,
Future value = Principle + Interest
Therefore,
$17,546.55 = $9,875 + Interest
or
Interest = $17,546.55 - $9,875
= 7671.55 ≈ $7,672
Hence,
Option (c) $7,672
The answer is B. Changing to a different lifestyle.
When an entrepreneur enters a business market of a different country, it is encouraged that he/she will make personal contact with his/her new targets, armed with culture-specific information and courtesies, professionalism and consistency. His/her goal should be to enter a different culture, adapt to it and make it his/her own.
Answer:
The correct answer is letter "A": a corporation by estoppel.
Explanation:
A corporation by estoppel refers to individuals or organizations contracting and dealing with an entity as if they were corporations when legally they are not. The term is also used when in court cases when the defendant alleges to have formed a defective corporation to avoid liabilities.
