Answer:
Liaison Officer
Explanation:
b.$550,000
c.$375,000
d.$400,000
Answer:
a. $425,000
Explanation:
Calculation of compensated absences expense for the year
Closing balance of compensated absences = $150,000
+ Payments made for compensated expenses = $400,000
- Opening balance of compensated absences = - $125,000
Compensated absences expense for the year = $425,000
Answer: Option B
Explanation: In simple words, a corporation refers to an entity which has its own separate legal identity from its owners. Generally these entities works on a very large scale and the ownership rights of such companies is divided into many shares which are hold by several different individuals.
The holders of stock of such entities gets return in form of dividend and can resell their shares for capital gain in an open market of securities. As the owner and the company are two different entities the owner is not liable to report for the action of selling shares to the company.
Answer: Loans are classified into secured and unsecured ones.
The most common types of loans
1. Personal Loans - Issues by Financial institutions to any individuals for their personal uses.
2. Auto Loans- When you buy a vehicle, an auto loan lets you borrow the price of the vehicle minus any down payment.
3. Student Loans - It can help to pay for college and graduate school.
4. Mortgage Loans - A loan that covers the cost of a home's purchase less any down payment. If mortgage payments are not made, the lender may foreclose on the property, which serves as collateral. Mortgage payments typically take 10, 15, 20, or 30 years to complete. Government organizations do not insure conventional mortgages.
5. Payday Loans - Payday loans are one kind of loan to stay away from. These payday loans are usually subject to fees with annual percentage rates (APRs) of 400% or higher, and they must be fully repaid by your next paycheck.
6. Home Equity Loans - It lets you take out a loan for any purpose, up to a certain percentage of the equity in your home. Loans with installments are home equity loans. You get a lump sum and repay it over time (typically five to thirty years) in consistent monthly installments.
B wholesale price
C discount price
D net price