Answer:
$21,800.
Explanation:
($200,000 * 0.10 * 6/12) = 10,000 = Semiannual interest
($200,000 - $191,000) = 9,000
(9,000 / 10) = 900 = Discount on bonds payable
(10,000 + 900) = 10,900= Semiannual interest expense
(10,900 * 2) = 21,800 = Year interest expense
Answer:
Municipal Revenue bonds are bonds that are serviced from the income accrued from a project that the bond was used to embark on.
They can therefore be serviced by a variety of income methods that accrue from the projects such as;
- User fees for using the asset built
- Special taxes
- Lease rentals in cases where the asset is leased out
- Excise taxes
- Other Non Ad-valorem taxes that result from benefits attached to usage of the asset built.
Answer:
Ed and his Widow's Gross Income is:
$97,000
Explanation:
a) Data and Calculations:
Gifts from individuals $10,000
Medical expense offset 25,000
Time of need pay 12,000
Group life insurance 50,000
Gross income $97,000
b) Ed and his widow's gross income is $97,000. It is the sum of all forms of earnings before any deductions or taxes. The gross income is higher than the net income, which is defined as the gross income minus taxes and other deductions.
Answer:
<u>Affective</u>
Explanation:
Affective level of branding relates to tapping a customer's emotional or affectionate side, and thereby developing his relation with the brand. This aspect takes into account a customer's own perception i.e what he/she feels about the brand.
It conveys that customers get attached with their perceptible brand attributes and how those attributes affect their buying behavior. Such attributes can act as driving forces for a customer in forging brand loyalties.
In the given case, the beer brands showcase how people are happily enjoying (emotions) while consuming their brands at a party. Here the emotion of enjoyment is being tapped by the producers.
This may arouse an effect in a consumer and he may relate the brands to that emotion of enjoyment, which may drive his buying behavior towards a brand, depending upon how it affected his perception of the attributes, such a brand provides.
Answer:
$2,000
Explanation:
Use the format
Jansen Company’s
Bank reconciliation as of May 31, 2013.
Balance as per Bank Statement
Add Outstanding Checks
Less Unpresented Checks
Balance as per Cash Book
