We
should note that the bond investment account is recorded at cost by the Bondholder
or Investor.
The
cost or price is calculated as:
Cost
= $90,000 * 86.4%
Cost
= $90,000 * 0.864 = $77,760
Therefore,
the entry to record should be:
<span>debit
Held-to-Maturity Investment in Bonds for $77,760 and credit Cash for $77,760</span>
Answer:
Highly inelastic
Explanation:
Price elasticity of demand is a measure of the demand of a given service or commodity by utilizing it's price change. It can be calculated using the formula;
Price elasticity of demand=%change in quantity demanded/%change in price
%change in quantity demanded=((Final demand-Initial demand)/Initial demand)×100
((299-300)/300)×100=-0.33%
%change in price=12%
12%>0.33%
The change in price is larger than the change in demand, therefor the product is highly inelastic
Based on the number of apartments that Sasha can rent at 6 and 7 hours, her marginal benefit in the 7th hour is<u> 3 apartments. </u>
<h3>What is Sasha's marginal benefit?</h3>
This refers to the additional number of benefits that Sasha gets when she works an extra hour.
As a result of working one extra hour from 6 hours to make it 7 hours, the additional benefit Sasha gets is:
= 12 - 9
= 3 apartments.
Find out more on marginal benefits at brainly.com/question/11937697.
Answer:
a mania.
Explanation:
Mania is a type of bipolar disorder. Mania is characterized by a relatively normal behavior but then suddenly the individual suffers from prolonged periods of abnormal euphoria or irritability, and other extreme behaviors that didn't happen before. Manias present themselves in manic episodes that can last for more than a week.
In this case Mr. Hoffman was probably feeling normal just a few days ago, and suddenly he gets euphoric about having a formula for becoming a millionaire and forgets how he used to manage himself before.
Answer:
The correct option is D. $80
Explanation:
Please see attachment
