Answer:
time = 4 year
Explanation:
given data
pay each month = $80
Credit card balance = $2,818
annual finance rate = 15.9%
solution
we get here time period that is express by as
Monthly payment = 
............1
put here value and we get
80 = 
solve it we get time t
t = 48 month
time = 4 year
The ultimate goal of accounting according to trueblood criterion is to predict future cash flows to the investor or creditor
<h3>What is a
trueblood criterion?</h3>
In accounting, its means the reporting on the past & present firm information that could help us predict future cash flow to firm.
Hence, by virtue of trueblood criterion, the ultimate goal of accounting is to predict future cash flows to the investor or creditor.
Therefore, the Option C is correct
Missing options "A) Predict future cash flows to the firm
B) Predict income to the investor or creditor
C) Predict future cash flows to the investor or creditor
D) Predict income to the firm"
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Answer:
Wage rate is $5
Explanation:
The marginal utility of money=marginal utility of leisure/wage rate
When the formula is rearranged,wage rate is given thus:
wage rate=marginal utility of leisure/marginal utility of money
wage rate=15/3
wage rate =$5
In other words, the correct option is C,wage rate is $5
Option D would have been correct if the requirement was to calculate marinal utility of leisure
Answer:
the total relevant cost = $4
Explanation:
given data
greens fees = $18
cart fees = $9
distance = 20 miles
additional cost = $4
solution
Jason choose between the crescent course and Eagle ridge course,
relevant cost associated with playing golf = $18 + $9 = $27
and here Eagle Ridge locate = 20 miles and further away than Crescent course cost Jason additional in gasoline = $4
so here the total relevant cost = $4
