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telo118 [61]
3 years ago
13

Presented below are long-term liability items for Lind Company at December 31, 2019.Bonds payable, due 2017 ………….. $600,000Notes

payable, due 2020 ………….. 80,000Discount on bonds payable ……….. 45,000Prepare the long-term liabilities section of the balance sheet for Lind Company.
Business
1 answer:
Nikitich [7]3 years ago
8 0

Answer and Explanation:

Long-term Liabilities  

Bonds Payable                       $600,000  

Less:  

Discount on bonds payable        $45,000          $555,000

Notes payable                                           $80,000

Total Long-term Liabilities                           $635,000

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Damm [24]

Answer:

$1,600.55

Explanation:

The computation of the expected level of the index in one year is shown below:

= Current index level × (1 + expected rate of return) - expected dividend in the next year

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= $1,600.55

We simply applied the above formula by considering the items shown above i.e current level index, expected rate of return, and the expected dividend in the next year

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3 years ago
"3. For this question only, assume that on January 2, 2018, Pops, Inc. acquired 192,000 shares of Son Corp. at a cost of $10 per
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Answer:

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3 years ago
Which type of fiscal policy takes longer to affect the economy: demand-side or supply-side?
11Alexandr11 [23.1K]

Answer:

A.) supply-side

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

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A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.

This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.

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2 years ago
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