Answer:
January 1, 2018
Dr. Cash $70,000
Cr. Bond Payable $70,000
June 30, 2018
Dr. Interest Expense $2,450
Cr. Cash $2,450
Explanation:
If the market rate is equal to the coupon rate of a bond, the bond will be issued at par. Bond is recognised as a liability and recorded in the account of Bond Payable.
Interest is paid on the face value and stated rate of the bond.
Interest Payment = Face value x Coupon rate x 6/12 = $70,000 x 7% x 6/12 = $2,450.
Answer:
The products by services companies are consumed immediately.
Explanation:
Goods are physical tangible products that are used to satisfy human needs and wants. On the other hand, services are non-physical, nontangible products that also serve the purpose of satisfying human needs and wants.
The manufactured good can be stored in inventories after production, however, the services are consumed as they are produced. They cannot be stored in inventories to be consumed later. They have to be consumed immediately.
This is the main difference between the products of manufacturing companies and services companies.
Answer:
b. are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.
Explanation:
Automatic stabilizers are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.
In Economics, it is also referred to as built-in stability and this means that with given tax rates and expenditures policies such as fiscal and monetary policy; an increase in domestic income will reduce a budget deficit or produce a budget surplus, while a decline in income will result in a deficit or a lower budget surplus.
Hence, an automatic stabilizer is an economic system or policies that automatically shore up or strengthen the Gross Domestic Products (GDP) without specific government intervention for sustenance or creation of stability in the economic cycle of a country.
For example, personal and corporate income tax usually decline in the event of recession in a country because individuals and business owners or entities make less, thus leading to unemployment and an increase in social security funds or welfare.
Answer/ Explanation:
it will cost the paper industry $60000 to remove 60 ton of particulate anad it will cost the brewery company $84000 to remove 60 ton of particulate.
Now considering that the government has given both of them tradable allowance of 50 tons, the paper company not have to only use $50000 to remove the particulate leaving them with an excess of $10 While the brewery company will be spending $70000 which still leave the brewery on the high side. So what we assume is that the brewery company will purchase excess tradable allowances from the paper industry at a cost within the range of 1000 dollars to 1400 dollars per tradable allowance.
tuff
Explanation:
dsfhdgbsfhsdgfsdhfgdhfgdhfgdhtuff