Jenny promises National Bank that she will repay the loan that National Bank makes to Garrett if Garrett fails to pay it. In this instance, Jenny is the guarantor.
The guarantor is someone who provides guarantees for the fulfillment of guaranteed financial obligations. Guarantee institutions are institutions or companies that are in the financial sector. This institution has a function to guarantee or encourage the progress of a business through independence.
There are several forms of guaranteed institutions, including the following:
Guarantee company, is a legal entity that operates in the financial sector through business guarantees.A sharia guarantee company is a legal entity that operates according to sharia principles, operates and carries out business underwriting activities.Re-guarantee company is a legal entity that is in the financial sector to carry out business re-guarantee.Re-sharia guarantee company, is a legal entity that operates according to sharia principles, operates and carries out re-business underwriting activities.You can learn more about guarantor here brainly.com/question/29744928
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Suppose the price level is fixed, the MPC is .5, and the GDP gap is a negative $100 billion. To achieve full-employment output (exactly), government should
A. increase government expenditures by $100 billion
B. increase government expenditures by $50 billion
C. reduce taxes by $50 billion
D. reduce taxes by $200 billion
Multiplier is 1/.5= 2 so 50 billion increases demand by 100 and closes the GDP gap.
Hence, the correct option is B i.e., increase government expenditures by $50 billion.
The difference between an economy's actual gross domestic product (GDP) and its potential GDP, as shown by the long-term trend, is known as the GDP gap. A country's economy forfeits output when there aren't enough jobs for everyone who wants to work, which results in a negative GDP gap. On the other side, a significant positive GDP gap typically indicates that an economy is overheated and at risk of experiencing excessive inflation.
The production gap is the distinction between real GDP and potential GDP.
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Companies often require non-disclosure agreements from their employees because a non-disclosure agreement
identifies all the different ways an employee could violate company policies
obligates the employer to keep the personal information of employees private
protects company secrets from being leaked, which could result in loss of clients
provides for a documented exchange of information between employees and employers
A non-disclosure agreement (NDA) is a contract that is enforceable under law and creates a confidential relationship. The signatory(s) agree that any sensitive information they may collect will not be disclosed to any third parties. A confidentiality agreement is another name for an NDA.
What is non-disclosure agreement (NDA)?
Non-disclosure agreements are frequently used by companies when they get into negotiations with other companies. They give the parties the freedom to exchange private information without worrying that their rivals would obtain it. It might be referred to as a mutual non-disclosure agreement in this situation.
Before conversations between companies about potential joint ventures, the NDA is customary.
To safeguard the private business information of a company, NDAs are frequently demanded of employees.
A confidentiality agreement is another name for an NDA.
Mutual and non-mutual non-disclosure agreements are the two main categories of non-disclosure agreements.
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which of the following is classified as investment in national income (gdp) accounting? group of answer choices building a new factory buying a 10-year-old home depositing money in a bank purchasing corporate stocks and bonds
The output of an economy is measured by its Gross Domestic Product. National income accounting is a term used to describe the calculations. C + I + G + (X-M) is the expenditure method's formula for GDP.
A. constructing a brand-new factory is the best response.
What does the term "gross domestic product" mean?For instance, Country B's GDP would be $35 if it produced five bananas worth $1 each and five backrubs worth $6 each in a single year. Country B's GDP would be $40 if the price of bananas increased to $2 the following year while production remained constant.
How is GDP determined?GDP is the sum of private consumption, gross private investment, government spending, and investment (exports minus imports). The country's national statistical agency typically uses an international standard to calculate GDP.
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TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and II. The output at Location I is at most 6000 televisions/month, whereas the output at Location II is at most 5000 televisions/month. TMA is the main supplier of televisions to the Pulsar Corporation, its holding company, which has priority in having all its requirements met. In a certain month, Pulsar placed orders for 3000 and 4000 televisions to be shipped to two of its factories located in City A and City B, respectively. The shipping costs (in dollars) per television from the two TMA plants to the two Pulsar factories are as follows.
To Pulsar Factories
From TMA City A City B
Location I $6 $3
Location II $7 $10
TMA will ship x televisions from Location I to city A and y televisions from Location I to city B. Find a shipping schedule that meets the requirements of both companies while keeping costs to a minimum.
(x, y) = What is the minimum cost?
$
In easy terms, delivery charges are the fees for the movement of cargo from Point A to Point B. Depending on the kind of contract, a couple of aspects may additionally be included in the transport costs.
Are transport costs by way of dimension or weight?All main carriers use a pricing technique called dimensional weight (also referred to as DIM weight) to calculate shipping rates. Dimensional weight takes into account the size of a package to determine the delivery cost.
Use flat-rate delivery where possible—flat-rate transport will almost always be the pleasant fee for money, especially for domestic delivery. Flat-rate shipping potential that you can predict expenditures greater accurately. No matter what sort of parcel you have or what dimensions or weight it is, the charge will usually be the same.
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https://brainly.com/question/24317138#SPJ4You have decided to pursue a career in nursing. You are willing to relocate
based on salary differences. The states you are willing to relocate to have the
following average hourly wages: NY = $35.55, MA = $32.37, CA = $36.54, and FL
$44.57. What is the mean salary for these options?
Answer:
Explanation:
Step 1: Add up all numbers
35.55 + 32.37 + 36.54 + 44.57 = 149.03
Step 2: Divide by total of numbers
149.03 divided by 4 = 37.2575 = 37.26
Answer is: 37.26
T/F. the alert roster must be tested more frequently than other components of a disaster recovery plan because it is subject to continual change due to employee turnover.
The alert roster must be tested more frequently than other components of a disaster recovery plan because it is subject to continual change due to employee turnover is true.
What does alert stand for?Assure, Look, Employees, Reports, and Threat are all abbreviated as ALERT. It is connected to five questions that aim to increase knowledge of crucial food defense issues in the food industry, such as reporting suspicious behavior and product security.
A company's alert roster is a document that lists the people who should be notified when an issue happens. Sequential and hierarchical alert rosters are available. The sequential roster serves as an illustration of how one person can call everyone else on the roster.
Therefore, a formal document called a disaster recovery plan (DR plan) is produced by an organization and offers comprehensive guidelines on how to handle unanticipated events like natural disasters, power outages, and cyberattacks.
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which of the following represents the real flow of cash that a firm could pay out without impairing its productive capacity? multiple choice question. profits economic earnings accounting earnings gaap earnings
Economic Earnings represents the real flow of cash that a firm could pay out without impairing its productive capacity.
What does Real flow mean?
Next Limit Technologies created Real Flow, a fluid and dynamics simulation software. It is used to simulate a wide range of physical phenomena, including fluid, smoke, spray, and granular materials, as well as rigid and soft body dynamics. Its powerful hybrid solver, which combines particle-based and grid-based approaches, can simulate a wide range of real-world scenarios.
What does Economic Earnings means?
Economic earnings is an accounting term that refers to a company's total profits after deducting all costs, expenses, and taxes. It is the amount of money a company has left over after all costs and expenses have been paid. It is also known as "economic profit" or "net economic income." Economic earnings are important for assessing a company's overall financial performance.
Therefore the correct option is Economic earnings.
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You choose to participate in a raffle . Raffle tickets sell for $5 each and there are a total of 10000 tickets . The prizes in this raffle are * 1st prize $20,000 college scholarships (1 winner)
* 2nd prize $10,000 college scholarship (2 winner)
* 3rd prize $ 1,000 college scholarship (5 winner) * 4th prize $100 college scholarship (50 winners) You purchase one $5 raffle ticket . How much of your college tuition can you expect to be paid for by your raffle ticket purchase .
The college tuition can that expected to be paid for by purchasing of raffle ticket can be computed through the use of probability.
What is probability?A probability is a numerical representation of the likelihood or chance that a specific event will take place. Both proportions ranging from 0 to 1 and percentages ranging from 0% to 100% can be used to describe probabilities.
The probability is computed by dividing the total number of possible outcomes by the number of possible ways the event could occur. Probability and odds are two distinct ideas. Odds are calculated by dividing the likelihood of an event by the likelihood that it won't.
The probability of winning a scholarship can be computed separately for each raffle prize:
Total No. of Tickets = 10000 tickets
Price per ticket = $5
a) 1st prize college scholarships (1 winner) = $20,000
∴ P = No. of Outcome / Total Outcome = 1/10000 = 0.01%
b) 2nd prize college scholarship (2 winner) = $10,000
∴ P = No. of Outcome / Total Outcome = 2/10000 = 0.02%
c) 3rd prize college scholarship (5 winner) = $ 1,000
∴ P = No. of Outcome / Total Outcome = 5/10000 = 0.05%
d) 4th prize college scholarship (50 winners) = $100
∴ P = No. of Outcome / Total Outcome = 50/10000 = 0.5%
Therefore the probability amount that would be win as college scholarship is $5 which is equal to the raffle ticket price.
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Read the statements below carefully, and decide whether it is true or false. And then explain your answer (whether "true " or "false").
a.) If interest rates increase, then investment expenditures by firms will tend to increase also.
b.) If an economy is experiencing cost-push inflation, then its real GDP will tend to be rising in the short run. Describe in words the shift that would happen in the SRAS-AD graphs, to support your answer.
This statement is false because Investment is inversely correlated with interest rates and is dependent on real interest rates.
Therefore, if interest rates rise, investment tends to decline because it is now more expensive for businesses to borrow money, making investment less profitable.
b) False. As costs rise, aggregate supply declines and the supply curve moves to the left, raising prices and lowering real GDP in the economy as a whole.
What is inflation?
Inflation is an increase in an economy's overall level of prices for goods and services. Each unit of currency may purchase fewer products and services as the general price level rises; hence inflation is associated with a decline in the purchasing power of money.
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a local business that hires a sign holder to stand on the sidewalk, trying to catch the attention of passersby by promoting a special marketing event, is using .
A local business that hires a sign holder to stand on the sidewalk, trying to catch the attention of passer by promoting a special marketing event, is using guerrilla marketing.
What is Guerrilla marketing?
Guerrilla marketing is the employment of creative, unorthodox strategies to increase sales or spark interest in a product or company. These techniques frequently entail low- or no-cost usage of more casual contacts or through viral social media messaging.
What makes guerrilla marketing so effective?
Campaigns that use Guerilla marketing are distinctive, out-of-the-box, and have a history of influencing consumers. Customers who experience a successful campaign are left amazed, intrigued, and curious about the product and/or service. This marketing tactic aids in increasing brand memory.
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Which scenario BEST illustrates the connection between human capital and productivity? Madison's grandmother sends her a check for $1,000 to celebrate her high school graduation. Madison meets with a financial advisor and ultimately decides to purchase a mutual sund Alan wants to learn as much as he can about a certain television series. He watches all the episodes one weekend paying particular attention to dialogue spoken by the main chaatien Kyoko, Patrick, and Max are all given the ingredients to make a chocolate cake, but only Kyoko receives a recipe. She finishes her cake before the others, and it is of much better gualty After considering the tuition costs associated with college and calculating his projected earnings for the next few years at his current part-time job Danny decides to attend
The scenario that best shows the connection between human capital and productivity is C. Kyoko, Patrick, and Max are all given the ingredients to make a chocolate cake, but only Kyoko receives a recipe. She finishes her cake before the others, and it is of much better quality.
What is human capital ?Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital." It includes the education, health, and knowledge of the workforce.
Kyoko, Patrick, and Max are each given ingredients needed to make a chocolate cake. However, Kyoto was the only one to receive a recipe which led to her being more productive than others. The recipe was the knowledge described as being part of human capital above.
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"Dean Company uses the retail inventory method to estimate its inventory for interim statement purposes: Data relating to the computation of the inventory at July 31,,20X7 , are as follows: Cost Retall Inventory, 1/1[X7 P 180,Q0Q P 250,000 Purchases 1,020,000 1,575,000 Markups, net 175,000 Sales 1,705,000 Estimated normal shoplifting losses 20,000 Markdown, net 125,000 Under the average cost retail method, Dean's estimated inventory at July 31, 20X7 is P90,000 P96,000 P102,000 P150,000"
An essential tool for managing the finances is a cash-flow statement.
What precisely do business purchases entail?In accounting, the word "purchase" describes obtaining property of a particular item or service without paying a specific sum of money. On the other hand, it happens when cash is exchanged for a specific good or service. The practice is frequently carried out by people or businesses that require goods or services.
What are expenditures and purchases?Unit 16. Terms like "costs," "purchases," and "expenses" are frequently used when referring to financial statement and other financial topics. They frequently refer to the same thing, payments made by the company in exchange for goods or services.
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global corporation had 44,000 shares of $20 par value common stock outstanding on july 1. later that day the board of directors declared a 5% stock dividend when the market value of each share was $29. the entry to record the dividend declaration is: multiple choice debit retained earnings $63,800; credit common stock dividend distributable $44,000; credit paid-in capital in excess of par value, common stock $19,800. debit retained earnings $63,800; credit cash $63,800. debit retained earnings $44,000; credit common stock dividend distributable $44,000. no entry is made until the stock is issued. debit retained earnings $63,800; credit common stock dividend distributable $63,800.
If global corporation had 44,000 shares of $20 par value common stock outstanding on july 1. the entry to record the dividend declaration is: Debit Retained Earnings $63,800; credit Common Stock Dividend Distributable $44,000; credit Paid-In Capital in Excess of Par Value, Common Stock $19,800.
What is journal entry?Journal entry is used by companies to post or record their day to day business transaction.
Retained earnings =44,000 shares × 5% × $29
Retained earnings = $63,800
Common Stock Dividend Distributable= 44,000 shares × 5% × $20
Common Stock Dividend Distributable = $44,000
Paid-in Capital in Excess of Par Value, Common Stock= 44,000 shares × 5% × $9
Paid-in Capital in Excess of Par Value, Common Stock= $19,800
Global corporation Journal entry
Debit Retained Earnings $63,800
Credit Common Stock Dividend Distributable $44,000
Credit Paid-In Capital in Excess of Par Value, Common Stock $19,800
Therefore the entry is Debit Retained Earnings $63,800; credit Common Stock Dividend Distributable $44,000; credit Paid-In Capital in Excess of Par Value, Common Stock $19,800.
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Experian, Equifax, and Transunion are all types of ______ companies.
security
stock exchange
financial planning
credit reporting
Experian, Equifax, and Transunion are all types of credit reporting companies.
Firms that gather and sell credit reports are known as credit reporting companies, commonly referred to as credit bureaus or consumer reporting agencies. Companies that collect credit account information on your borrowing and repayment history do so in the following ways:
the loan's initial principal sumA credit card's credit limitA credit card or other loan's outstanding balanceThe account's payment status, including whether you have timely repaid your loansproducts sent for collectionjudgments and bankruptcies are examples of public records.Thousands of lenders across the nation, public documents like bankruptcies, garnishments, liens, and other judgments, and collections agencies that offer information on past-due accounts are just a few of the sources that credit reporting bureaus might use to acquire information.
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which of the following statements about capital budgeting is not true? decisions have to be made considering long-term cash flow factors.
The claim on capital budgeting that is untrue is (A) Purchase decisions are made at the manager level.
Long-term choices involving major capital purchases are capital budgeting. Due to the size of the sum, it might not be possible to change these choices. Decisions must take into account long-term cash flow issues because there are a lot of risks associated with the usage of resources. Since they are so important to the business, the buying decisions are made at the highest level.
Making the best judgments is aided by capital budgeting. It includes decisions regarding expansion plans, mergers, and replacements but excludes those pertaining to inventory.
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COMPLETE QUESTION:
Which of the following statements about capital budgeting is not true
A) Purchase decisions are made at the manager level.
B) Capital purchases are for large amounts.
C) Capital purchases are long-term.
D) Decisions may not be possible to reverse.
E) Decisions have to be made considering long-term cash flow factors.
TRUE/FALSE. colby company reports net income of $50,000. for the year, depreciation expense is $15,000 and the company reports a gain of $5,000 from sale of machinery. it also had a $3,000 loss from retirement of notes. as a result, cash flows provided by operating activities for the year using the indirect method is $63,000.
True. olby company reports net income of $50,000. for the year, depreciation expense is $15,000 and the company reports a gain of $5,000 from sale of machinery. it also had a $3,000 loss from retirement of notes. as a result, cash flows provided by operating activities for the year using the indirect method is $63,000.
What is meant by net income?The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.
Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account.
Net income is the entire amount of money that a person or company made over a specific time period after deducting taxes, costs, and interest. A company's net income, often known as "net profit," "net earnings," or simply "profit," gauges its profitability.
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What does confirmation bias encourage?
The confirmation bias concept comes from the field of cognitive psychology and has been adapted to behavioral finance. Confirmation bias flourishes because it's an efficient way to process information, it promotes self-esteem, and it eases stress by eliminating conflict and contradictions.
Affirmation bias is a time period from the sphere of cognitive psychology that describes how humans certainly favor information that confirms their previously existing ideals. Professionals in the discipline of behavioral finance locate that this essential principle applies to buyers in notable ways.
Because buyers are seeking for out statistics that confirms their current evaluations and ignore facts or information that refutes them, they will skew the value in their selections based totally on their very own cognitive biases. This mental phenomenon takes place when buyers filter out probably useful facts and evaluations that don’t coincide with their preconceived notions.
Traders must be aware about their very own tendency closer to affirmation bias to be able to overcome negative decision-making, missing chances, and avoid falling prey to bubbles. Looking for contrarian perspectives and keeping off affirmative questions are two approaches to counteract affirmation bias.
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Based on the internal team role assignments you anticipate making for your project, which roles might need to be filled by the vendor?
Project completion, which occurs in the last stage of a project's life cycle, is all about bringing a project to a successful conclusion.
Contract Closure:Contracts expire at the same time that projects do. The completion and settlement of the provisions of the contracts granted for the project is known as contract closure. Because the contract closing process evaluates whether the work outlined in the contracts was carried out precisely and successfully, it aids in the project completion process.
Releasing the Project Team:The procedure of releasing project team members is not a formal one. It should be noted, though, that when the project is over, you will release the members of your project team, who will then either report back to their functional supervisors or be given a new project to work on. As the project nears completion, you should contact their supervisors or other project managers so that they have enough time to prepare for their workers' return.
Final Payments:Typically, the final payment exceeds a basic proportion of the work still to be done. The final payment should be sufficient to encourage the vendor to give the project high priority so that it may be finished on schedule since finishing the project can include addressing the most challenging problems that are disproportionately expensive to solve.
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#SPJ1Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer) O A stock dividend commonly indicates management's confidence that the company doing well O A stock dividend increases the number of outstanding shares O A stock dividend increases the number of authorized shares O Stock dividends are a mechanism to keep the market price of stock affordable On January 15, the end of the first pay period of the year, North Company's employees earned $48,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $3,100 of federal income taxes. 1,037 of medical insurance deductions, and $130 of union dues. No employee earned more than $7,000 in this first period Prepare the journal entry to record North Company's January 15 salaries expense and related liabilities View transaction list Journal entry worksheet 1 Record the employee payroll for period. Note: Enter debits before credits General Journal Debit Credit Date Jan 15 Record entry Clear entry View general journal
The correct option is option A and B .a) A stock dividend commonly indicates management's confidence that the company doing well b) A stock dividend increases the number of outstanding shares
Salary Expense 48,000 FICA Social Security Tax 2,976 FICA Medicare Tax 698 Federal Income Tax 3,100 Medical Insurance Deductions 1,037 Union Dues 130 Cash 42,059 Total 48,000 Total 48,000.
Tax relief or tax cuts offered by the government, "tax deduction" and "tax exemption," both refer to a reduction in taxable income. Tax exemptions, however, can also include reduced rates, no taxes at all, and simply a portion of your income being taxed.
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A life insurance policy which contains cash values that vary according to its investment performance of stocks is called
A) Increasing Term Life
B) Modified Whole Life
C) Variable Whole Life
D) Adjustable Whole Life
Variable whole life (C) refers to a life insurance policy with cash values that change based on stock investment performance.
What investment means?Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate additional revenue or to make money on the investment over a certain amount of time. The most crucial aspect of effective investing is how long your money stays invested.
Why is investment important in the future?A method to put your money to work for you is by investing. Basically, it's a strategy to make the most of your financial resources. Basically, investing is putting your money in a position where it will grow in value over time. Basically, it's a strategy to make the most of your financial resources. Putting money into yourself will increase your self-esteem and confidence in your own abilities. By concentrating on your own development, you will learn more about yourself and acquire new skills.
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___ is an expensive way to finance a new business. a. credit b. credit grants c. grants loans d. loans investments d. investments
Answer:
hope this helps
Explanation:
the freaken award is ......................................................... c
Question 1 (1 point) On May 1, 2022, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows: 600 units at $7 900 units at $8 The company sold 1,500 units during the month for $12 per unit. Heineken uses the average-cost method. The average cost per unit for May is O $7.00. O $7.50.O $7.60. O $8.00.
On May 1, 2022, Heineken Company had 300 units of initial inventory at a $7 per unit cost. The average price per unit for the 20 selections in May is $8.00.
Starting Inventory: What Does It Mean?The total dollar value of stock products that are available for use or sale at the start of an accounting period is referred to as commencing inventory. Beginning stock, also referred to as commencing stock, is the same as ending stock from the previous accounting period.
Stock, often known as inventory, refers to the goods and materials that a business keeps on hand with the intention of reselling, producing, or using them later. Usually, stock control refers to a discipline that generally specifies the number and location of stocked commodities.
Inventory is the collective term for all the materials, supplies, items, and things that a company keeps on hand in order to sell them to customers and turn a profit. If a newspaper distributor employs a vehicle to deliver newspapers to customers, for instance, then merely the newspaper might be regarded as inventory. The four most typical forms of inventory, though there are many others, are raw materials and additives, work-in-progress, finished goods, and maintenance, repair, and functional resources.
[(300 × $7) + (400 × $7) + (600 × $8)] ÷ 1,500 = $7.50; [($12 - $7.50)] × 1,000 = $8.00.
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Due to the large number of products that they are responsible for selling, wholesalers' order takers should focus on ______. (Check all that apply.)
Wholesalers' order takers should focus on placing orders, confirming that orders have been filled on time, and maintaining close contact with customers.
Who are a retailer and a wholesaler?Retailers sell products directly to end users, generally in limited quantities, to highlight the main differences. Wholesalers, on the other hand, sell products to other retail business owners and individuals who, in turn, sell the products to the final consumer.
What do you mean by wholesaling?Purchasing items in bulk at a reduced cost from a manufacturer and selling them to a retailer at a higher price for them to repackage and then sell to customers in smaller quantities at an even higher price is known as wholesaling.
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Company A has a profit margin of 12% and investment turnover of 32. Company B has a profit margin of 15% and Investment turnover of 24. Company __ has a better return on investment
Company A has a better return on investment. Company A's Investment turnover is more than Company B's Investment turnover .
What do the terms profit and revenue mean in ROI calculations?
Margin is net operating income divided by sales and is typically improved by increasing selling prices, reducing operating costs, or increasing unit sales. Revenue is revenue divided by average business assets.
What is revenue and how is it calculated?To calculate the company's annual sales, simply add up the total sales. If a company sells products, annual sales refer to the total number of sales of the products sold. If a company sells services, revenue is the sum billed for those services.
What is Margin Impact Ratio?Margin impact can be identified by comparing current profit margins after the change to future conditions. A simple example looks like this: If a company decides to change its price and volume combination, it must first calculate the new total cost.
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g changes in prices of a good causes movement along the demand curve. movement along the supply curve. no movement along either curve. both a and b.
The changes in prices of a good causes movement along the demand curve. According to the economics, the variation of change price with the demand curve.
The demand curve is the graphical representation between the demand of the commodity and the amount of price, and also with supply curve, quantity of products.
The demand curve represents the increasing products demand with the changes in prices curve with remain all the constant same.
The demand curve, when the prices change is along the quantity demand curve. The demand curve will be upward and downward with respect to other factors.
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When Michael started his construction company, he needed to purchase some very expensive excavating equipment, but he didn't have the cash on hand to do so. He borrowed from the bank to cover this _______ expenditure. Multiple Choice a. principal b. short-term c. capital d. inventory e. intangible
When Michael started his construction company, he needed to purchase some very expensive excavating equipment, but he didn't have the cash on hand to do so. He borrowed from the bank to cover this capital expenditure. The Option C is correct.
What is a capital expenditure?Basically, a capital expenditures refers to the funds used by a company to acquire, upgrade, and maintain its physical assets such as property, plants, buildings, technology, or equipment.
This expenditure is often used to undertake new projects or investments by a company. Making of capital expenditures on fixed assets can include repairing a roof. purchasing a piece of equipment, or building a new factory.
In conclusion, this type of financial outlay are made by companies to increase the scope of their operations or add some future economic benefit to the operation.
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A permanent mortgage: O has a term of at least 20 years O is used to finance the purchase of existing properties O cannot be prepaid in any circumstances O none of the above
A permanent mortgage has a term of at least 20 years. The purchase of homes and other real estate is made possible through mortgage loans.
A mortgage is a sort of loan used to buy or maintain a home, a plot of land, or other real estate. The borrower commits to paying the lender over time, usually in a series of regular instalments that are split into principal and interest. As security for the loan, the property is then used.
In order to qualify for a mortgage, a borrower must submit an application through their preferred lender and make sure they satisfy a number of standards, including down payments and minimum credit scores. Before they are closed, mortgage applications must pass a thorough underwriting process. Different mortgage products, including fixed-rate and conventional loans, are available depending on the borrower's needs.
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When the market rate is 10%, a company issues $60,000 of 12%, 10-year bonds dated January 1, 2017, that mature on December 31, 2026, and pay interest semiannually. When the bonds mature, the issuer records its payment of principal with a (debit/credit) Credit to Cash in the amount of $5000.
The bonds mature, the issuer records its payment of principal with a (debit/credit) Credit to Cash is $60,000
Given:-10% of market rate
$60k in face value equals $60k in principal.
Because the bondholder will pay the principal and interest, the issuer records its payment of principal with credit to cash in the amount of $60,000 when the bonds mature.
Therefore,
Because there is an additional interest amount that must be paid, the bondholder will pay the $60,000 issued amount as principle.
Because it matures on the day when the cash is paid, it qualifies as credit.
Is that a credit or a debit account for bonds payable?When it comes time to redeem the bonds, all premiums and discounts should have been amortized, so the entry is simply a debit to the bonds payable account and a debit from the cash account.
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The vast majority of archaeological sites that are found during survey in advance of construction in the United Statesanswer choicesdo not meet the criteria to be considered significant and are recorded and destroyedare major archaeological sites that require full excavationare automatically destroyed and not recordedcause construction plans to be abandonednone of the choices
The vast majority of archaeological sites that are found during survey in advance of construction in the United States do not meet the criteria to be considered significant and are recorded and destroy.
The archaeological refers to the study about finding the evidence of the past human-being life with the help of the remaining materials and examination the finding evidences or materials like building, tools etc.
The archaeological sites that are found during survey in advance of construction in the United States large areas were in the survey which include the living place, agricultural place etc.
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253.The zero coupon bonds of Markco, Inc. have a market price of $394.47, a face value of$1,000, and a yield to maturity of 6.87%. How many years is it until this bond matures?A.7 years B.10 years C.14 years D.18 years E.21 years
It is A. 7 years until this bond matures.
Bonds are fixed-income securities that reflect loans from investors to borrowers (typically corporate or governmental). A bond can be compared to an agreement outlining the terms of the loan and the associated payments between the lender and borrower.
Companies, municipalities, states, and sovereign governments utilize bonds to finance operations and initiatives. Bondholders are the issuer's debtors or creditors.
Use the following formula to calculate the number of years until this bond matures:
n = (1 + yield to maturity) / (-ln(market price/face value))
When you enter the values from the question, you get:
n = (-ln(394.47/1000)) / ln(1 + 0.0687)
That amounts to
n = (-ln(0.39447)) / ln (1.0687)
which is roughly equivalent to:
n = 7.0 years
The answer is therefore A: 7 years.
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