When a manager performs the controlling function of management, he must monitor and evaluate performance.
Answer the following statement true (T) or false (F)
True
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Flubber Corporation owns 40 percent of the voting stock of Rhim Corporation and accounts for the investment using the equity method; Rhim Corporation reports a net loss of $30,000 . Flubber Corporation's entry to record the share of loss is:
a. Loss, Rhim Corporation Investment 12,000 Investment in Rhim Corporation 12,000 b. Loss, Rhim Corporation Investment 12,000 Loss, Rhim Corporation Investment 12,000 c. Investment in Rhim Corporation 30,000 Cash 30,000 d. Investment in Rhim Corporation 12,000 Cash 12,000
You just bought a home for $250,000 and are to make monthly payments of $1,834.41 for 30 years at 8% APR
Suppose you add $298.44 each month to the $1,834.41 house payment making your monthly payment $2,132.85. This extra amount is applied to the principal. How long will it take you to pay off your loan of $250,000? Use a calculator to determine your answer. A) It will take under 15 years. B) It will take about 16 years. C) It will take slightly over 19 years. D) It will take slightly over 20 years.
What is cash flow? Why is cash flow important to a business?
What will be an ideal response?
DBMS have a data definition capability to specify the structure of the content of the database
Indicate whether the statement is true or false