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AfilCa [17]
1 year ago
15

A bond with a book value of $517,500 is retired (bought back) for $515,000. Which of the following statements is согrect? a. The

loss on the debt retirement is $32,500 b. The gain on the debt retirement is $2,500. c. The gain on the debt retirement is $32,500. d. The gain or loss on the debt retirement can't be determined without knowing the initial bond issue price.
Business
1 answer:
AlexFokin [52]1 year ago
4 0

Option c. The gain on the debt retirement is $32,500.

The truth of paying returned a debt absolutely, so that it now not exist: Many specialists argue in favor of rapid debt retirement.

The key thing that we tell our customers is that while you retire, so need to your debt be retired, Ken Moraif, senior consultant of Retirement Planners of the USA, these days advised Yahoo Finance live. We sincerely encourage humans to be debt-loose. which means no automobile loans, credit score cards, or mortgages.

Debt can negatively affect your capacity to live off the assets of profits you've got hooked up to pay your payments once you prevent punching the clock. Debt bills subtract from the earnings of Social protection and financial savings in an IRA or other investment cars which you really want to be dwelling your great lifestyles.

Learn more about debt retirement here:-brainly.com/question/27767280

#SPJ4

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Answer:

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3 years ago
A particular brand of shampoo costs 6 Canadian dollars in Toronto. The nominal exchange rate is about 1.2 and the real exchange
likoan [24]

Answer:

The correct answer is D that is $4.49

Explanation:

The US dollar price of the shampoo is computed as:

Price in US = (Price in Canada × Real exchange)/ Nominal exchange rate

where

Real exchange is 0.90

Price in Canada is 6

Nominal exchange rate is 1.2

Putting the values above:

Price in US = (6 × 0.90) / 1.2

= 5.4 / 1.2

= $4.49 or $4.5

4 0
4 years ago
What are three common causes of scarcity??
musickatia [10]
Poor distribution of resources, when demand increases and supply cant keep up, and or government intervention.
6 0
3 years ago
Artville is deciding whether to purchase a new statue for the center of town. The statue will cost the city $17,000 and will onl
Flauer [41]

Answer: a. $3,400 households

b. No.

Explanation:

a. The cost of the statue is $17,000 and each household is asked to contribute $5 to help cover the cost. To find out how many families one can divide the amount needed by the amount asked of the households,

= 17,000/5

= 3,400 households

If 3,400 households each pay $5 then the town of Artville will be able to afford the statue.

b. This question speaks to a social problem referred to a the Free-rider problem. This is when people in society benefit from something without contributing fairly towards the benefit they are accruing from the thing. 3,000 households out of 4,000 are expected to be free-riders. This means that only 1,000 will cover the cost of the statue.

If those 1,000 households pay the $14 required, the town would only raise,

= 1,000 * 14

=$14,000

$14,000 is less than the cost of the statue which is $17,000 and so the town of Artville will have to do without a statue as they simply cannot afford one.

3 0
3 years ago
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Evgen [1.6K]

Answer:

The appropriate response is "Real Estate Fraud Prosecution Trust Fund."

Explanation:

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5 0
3 years ago
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