Answer: Unilateral contract
Explanation: A Unilateral contract is a form of contract where a promise is made by one party to another, this contract is normally on a condition that the receiver of the promise in the contract would complete some task(s), in order to receive the promise.
Mark made a promise to his staffs in the newspaper newsroom to be fulfilled, if the task was accomplished by anyone. Of which Anna completed the task and claimed the promise by the editor.
Answer:
Total assets next year are $186670
Explanation:
The basic accounting equation states that Total assets are always equal to the sum of Total liabilities and total equity. Thus, the total assets of the company this year are,
Total assets - this year = 68188 + (10959 + 86023)
Total assets - this year = $165170
The net income generated by a company is used for two purposes. The company can either pay out dividends from it or retain it in the business or do both. The retained net income will increase the amount of retained earnings and thus the total equity.
Retained earnings for next year = 36500 - 15000 = $21500
Thus, total assets for next year are,
Total assets next year = Total assets this year + change in retained earnings
Total assets next year = 165170 + 21500 = $186670
I used fine lines and details mark me brainliest
Answer:
FV= $314,365.69
Explanation:
Giving the following information:
Monthly deposti= $140
Number of months= 25*12= 300
Interest rate= 0.13/12= 0.01083
<u>To calculate the future value of the investment, we need to use the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {140*[(1.01083^300) - 1]} / 0.01083
FV= $314,365.69
D. None of the above
Because
The amount of discount recorded as expenses in income statement and the merchandise sold recorded as revenue
