Answer:
What? Sorry, but what is your question?
Explanation:
Answer:
Explanation:
(a) Expropriation has Truly been a major concern for the Government through out the globe, as the when an entity or body which is supposed to work for the good of the poor people by making use of the Government property starts dealing in illegal ways to grab it as private or work on other properties which are private in nature,
b) The European invasion of the many countries across the globe had initially been to gain ,more and more wealth and power through business.
However, it is true that the quality of the institutions colonized by the Europeans is related to whether the climate or the diseases in the colonized regime allowed the European settlers to live in those areas.
(c) It is true that the low quality institutions make it difficult to protect property rights and enforce contracts. The rights of the people are all dependent on how the State allows the people to enjoy them.
(d) It is true that the low-quality institutions are central to the theory of poverty traps that states that countries need a big push to felicitate convergence in living standards to the developed world.
Answer:
total long term debt: 24,000,000
Explanation:
the 1988 bonds will be long-term debt as there is no suggestion to the option to be exercised.
The 1978 bonds will be current liabilities as they matures at 2012
which is within the twelve months time period to be classified as current laibily.
the note payable has an agreement with the bank to not claim it at least until June 2012 The most probable reason is that the 1978 bonds are generating this situation, so once they are retired the normal 2 to 1 ratio will be acomplished, so the note payable will be kept at long term debt
but a note tothe financial statemtn should be made
Long term debt:
1988 bonds: 10,000,000
note payable 14,000,000
total 24,000,000
Answer:
Problem of choice refers to the allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services in the economy for the satisfaction of unlimited human wants.
Answer:
Book value 2020= $18,000
Explanation:
Giving the following information:
Purchasing price= $55,000
Residual value= $5,000
Useful life= 5 years
First, we need to determine the depreciation expense for 2018 and 2019. We will use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
2018= 2*[(55,000 - 5,000)/5]= 20,000
2019= 2*[(50,000 - 20,000)/5]= 12,000
Book value 2020= 30,000 - 12,000
Book value 2020= $18,000
