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1 year ago

Bond interest is deducted from:

1 answer:

3 0

I bond interest is calculated using so-called composite rates based on a fixed interest rate and an inflation-adjusted rate, which we describe in depth below. I bonds earn interest monthly, though you don't get access to the interest payments until you cash out the bond.

<h3>How long do I bonds earn interest?</h3>

I bonds earn interest for 30 years unless you cash them first. You can cash them after one year.

But if you cash them before five years, you lose the previous three months of interest.

<h3>Is an I bond a good investment?</h3>

The annualized rate on the I bond is a record 9.62% through October 2022. “This is a fabulous investment,” said Orman, who started investing in I bonds in 2001. Backed by the U.S. government, the bond doesn't lose value. Its variable rate is set every May and November.

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Describe what a petty cash fund is by completing the following sentence. A petty cash fund is used for (large/small) payments in

exis [7]

A petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

<h3>What is petty cash?</h3>

A petty cash fund is a small amount of cash, used to pay for minor expenses, such as office supplies or employee reimbursements.

It is the pet a actual ledger book, rather than a computer record.

Hence, a petty cash fund is used for small payments in order to avoid the time and cost of writing checks for small amounts.

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2 years ago

What makes increased government spending an effective tool for increasing demand?

Ivenika [448]

Answer:

The increased government spending generates people to have an increase in funds available which will allow them to increase their consumption and liek that the demand increases.

Explanation:

If there is an increase in government spending, this will cause people to have more funds available, for example, it can cause the unemployed people to find jobs which will allow them to have more money to spend. Because of that, the demand for products and services will increase which can produce growth in the short term.

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3 years ago

the toyota production system identified which of the following types of waste to be eliminated? multiple choice product defects.

creativ13 [48]

the Toyota production system identified product defects types of waste to be eliminated.

The manufacturing process used by Toyota Motor Corporation to produce its vehicles is frequently referred to as a "lean manufacturing system" or a "Just-in-Time (JIT) system," and it is now well known and extensively researched.

The Toyota Production System (TPS) was developed based on two ideas: "jidoka" (loosely translated as "automation with a human touch"), whereby when a problem arises, the machinery immediately stops, preventing the production of defective goods; and the "Just-in-Time" idea, whereby each process only produces what is required for the subsequent process in a continuous flow.

For Toyota, jidoka signifies that anytime an irregularity happens, a machine must stop in a safe manner.

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7 months ago

An owner who wants to have limited liability should form which type of business enterprise?

Debora [2.8K]

They should form a corporation because a partnership or sole proprietorship have unlimited liability.

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2 years ago

On 12/31/Year 1 Passey Co. acquired a 100% interest inSolomon Co. by exchanging 10000 shares of its common stock for100000 share

Pie

The consolidated financial statements of Passey Co. as of December 31, Year 1 would report plant assets at <em>iii. $1,955,000.</em>

Data and Calculations:

Passey Co.s shareholding in Solomon Co. = 100%

The fair value of Solomon's = $3.50

The fair value of Passey's = $9

<u>Solomon Co.</u>

Book Values Fair Values

Current assets $115,000 $115,000

Plant assets 200,000 255,000

Liabilities 10,000 10,000

<u>Passey Co</u>.

Plant assets $1,700,000 $1,800,000

Consolidated Plant Assets:

Passey Co. Solomon Co. Consolidated

Number of shares exchanged 10,000 100,000

Plant assets $1,700,000 $255,000 $1,955,000

Thus, the consolidated financial statements of Passsey Co. as of December 31, Year 1 would report plant assets at<em> iii. $1,955,000.</em>

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2 years ago