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2 years ago

What are your opinions on how government and industry and global forces responded to the pandemic?:

1 answer:

7 0

Government, industry and global forces have responded positively to the pandemic by instituting immediate measures to contain the virus and preserve the economy.

<h3>How does a pandemic impact the world?</h3>

A pandemic situation is capable of generating health, economic and social crises around the world, generating significant consequences, such as an increase in deaths, closure of companies, unemployment and shortages, especially in more vulnerable places where there are fewer resources to establish a plan. emergency to overcome the situation.

Therefore, government, industry and global forces are essential to institute public policies, strategies and public awareness of the importance of self-care and following protocols in a time of health crisis.

Find out more about global pandemic here:

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When there is high unemployment,

Komok [63]

When there is high unemployment, A. There is a greater reliance on government assistance occurs in society.

A society is a collection of people involved in chronic social interaction, or a massive social institution sharing the identical spatial or social territory, normally subject to the identical political authority and dominant cultural expectancies

The totality of social relationships amongst prepared organizations of people or animals. a system of human businesses generating exceptional cultural styles and establishments and usually presenting protection, protection, continuity, and a countrywide identity for its contributors.

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4 0

1 year ago

Suppose the comparative balance sheets of Windsor, Inc. are presented here. WINDSOR, INC. Condensed Balance Sheet May 31 ($ in m

umka2103 [35]

Answer:

since there is not enough room here, I prepared the comparative balance sheets on an excel spreadsheet.

Explanation:

WINDSOR, INC.

May 31 2017 2016

($ in millions)

Assets

Current Assets $9,520 $8,720

Property, plant, and equipment (net) $2,010 $1,870

Other assets $1,550 $1,610

Total assets $13,080 $12,200

Liabilities and Stockholders' Equity

Current Liabilities $3,210 $3,320

Long-term liabilities 1,210 1,290

Stockholders' equity 8,660 7,590

Total liabilities and stockholders' equity $13,080 $12,200

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4 0

3 years ago

Salmon Inc. has debt with both a face and a market value of $227,000. This debt has a coupon rate of 7 percent and pays interest

Dahasolnce [82]

Answer:

14.27%

Explanation:

Unlevered value = [Expected earnings before interest and taxes × (1- tax rate)]/Unlevered cost of capital

Unlevered value = [$87,200 x (1- 0.35)]/0.12 = $472,333.33

Levered value = Unlevered value + (Tax rate × Debt market value)

Levered value = $472,333.33 + (0.35 x $227,000) = $551,783.33

Value of equity = Levered value - Debt market value

Value of equity = $551,783.33 - $227,000 = $324,783.33

Cost of equity = Unlevered cost of capital + [(unlevered cost of capital - coupon rate) × (Debt market value/Value of equity) × (1 - Tax rate)]

Cost of equity = 0.12 + [(0.12 - 0.07) × ($227,000/$324,783.33) × (1 - 0.35)] = 0.1427, or 14.27%

Therefore, the firm's cost of equity is 14.27%

7 0

3 years ago

Splish Brothers Inc. issues $4.8 million, 5-year, 7% bonds at 102, with interest payable on January 1. The straight-line method

Radda [10]

Answer and Explanation:

The Journal entries are shown below:-

Interest expense Dr, $316,800

Premium on bonds payable Dr, $19,200 ($96,000 ÷ 5)

To Interest payable $336,000 ($4,800,000 × 7%)

(Being interest expense and bond premium amortization is recorded)

Here we debited the interest expenses and premium on bonds as it increased the expenses and we credited the interest payable as it also increased the liabilities

5 0

3 years ago

2. On January 2, 2017, heavy equipment costing $800,000 was purchased. The equipment had a life of 5 years and no salvage value.

Naddika [18.5K]

Answer:

The solution to the given problem is done below.

Explanation:

(a) Depreciation

for Financial Depreciation for Temporary

Year Reporting Purposes Tax Purposes Difference

2017 $160,000 $264,000 (104,000)

2018 $160,000 $360,000 (200,000)

2019 $160,000 $120,000 40,000

2020 $160,000 $56,000 104,000

2021 $160,000 0 $160,000

$800,000 $800,000 0

(b) 2018 2019 2020 2021 Total

Future taxable

amounts:

Depreciation $(200,000) $40,000 104,000 $160,000 $104,000

Deferred tax liability: $104,000 × 40% = $41,600 at the end of 2017.

8 0

3 years ago

What are your opinions on how government and industry and global forces responded to the pandemic?:​

What are your opinions on how government and industry and global forces responded to the pandemic?: