The security market is filled with many different types of marketable securities like shares debentures and bonds which can be traded via different trading platforms available in the securities market.
<h3>What are bonds ?</h3>
- Bonds are the securities in the documented form which can be traded and exchanged containing a maturity date and the principle amount to be paid at maturity.
- These are instruments of fixed income because the bearer of bonds can be said as a creditor to the issuer and will be paid the fixed amount as per the face value of the bond.
- Bonds can be issued by government , municipality or a company.
The par value is a value which is equal to the face value of an instrument and which does not contain any element of premium or discount.
Therefore the bonds from U.S. Treasury, from Alachua County, and from the city of Northfield will be considered to be purchased on the par value of $1,000 from each of the following irrespective of the fact that what price they are being sold in the market.
<h3>Calculation</h3>
Hence the total cost for Lana if she purchase 1 bond from each of the following at a par value of $1,000 will be $3,000 and OPTION A is correct as per the question.
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Answer:
Entries are posted
Explanation:
We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.
January 1 (Cash fund being recorded in petty cash)
Account Debit Credit
Petty Cash $140
Cash $140
January 8
Postage $46
transportation-in $14
delivery expenses, $16
miscellaneous expenses, $35
Cash $111
January 8 ( petty cash funds being increased )
Pettcash $50
Cash $50
Question options:
a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas
b) 16,128
c) 23,872
d) 14,112
e) None of her salary can be excluded from gross income
Answer:
a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas
Explanation:
US citizens working and living abroad would still have to remit taxes to the US, albeit with exclusions.
Under US tax law, IRS states that US citizens may deduct/exclude the value of meal and lodging expenses granted to them by the employer. Under the foreign housing exclusion, Nene qualifies for the benefits of housing exclusion because she has a foreign earned income and has lived at least 330 days within a period of 12 consecutive months in the foreign country.
Based on the information given regarding the monopoly power, the remedy by the court will be<u> divesting itself of the control or ownership of</u><u> Child Shops</u>.
It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.
Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.
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Answer:
One typical example of this linkage between the economy at the macroeconomic level, and business decisions at the macroeconomic and microeconomic level, is what happened with Lehman Brothers in 2008.
Explanation:
Lehman Brothers was one of the main investment banks in the United States. During the years prior to the financial crisis, Lehman Brothers decided to pursue a risky but profitable strategy of over leveraging -lending a lot more money than they had as deposits.
Once the financial crisis hit, a macroeconomic event, it affected the company at the macro and micro level. At the macro level because Lehman Brothers itself ceased to exist as it went bankrupt, and at the micro level, because it had to enter a process to pay off some debtors, and some of the employees who were laid off due to the dissolution of the firm.
