Cleaning up a park, free car wash, volunteer at the soup kitchen
Answer:
c. $1,300 gain
Explanation:
In this scenario, Susan recognized a $1,300 gain on this sale. This is because Susan originally purchased the stock for a total price of $6,000. When she sold the stock, she sold it for a higher price than what she originally paid for it therefore recognizing a gain. To calculate this gain we simply subtract her initial purchase price from her selling price of the stock which would give us a $1,300 gain.
$7,300 - $6,000 = $1,300
The expected higher inflation happened. However, people don't want an inflation because prices on products would increase. <span>Most probably the people would ask for a salary increase in this event to cope up with the changes in the marketplace.</span>
Answer:
The correct option is B,allocates bond interest expense over the bond's life using a constant interest rate.
Explanation:
Assuming a bond was issued for $20,000,000 with stated interest rate(coupon interest rate) of 5% and yield to maturity of 7%,in calculating the bond interest expense,we simply apply the yield to maturity of 7% to the bond outstanding balance in each year.
From the above, it is clear that the percentage applied to bond outstanding balance over relevant years remains the same,hence option B is absolutely correct
False.
While it is true that individuals can choose what to do with their money, both saving and investing are smart decisions when done right.