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3 years ago

The purpose of the liberty loan campaign illustrated in the drawing above was to

Business

2 answers:

yKpoI14uk [10]3 years ago

7 0

Answer:

The correct answer is Finance American involvement in the First World War.

Explanation:

Apart from war bonds, there was another source of financing for the First World War which consisted of borrowing very high amounts in order to be paid in a relatively short period of time. With the bonds, a series of obligations of the states are acquired that must be fulfilled in a period of time and at a determined interest rate.

olasank [31]3 years ago

6 0

Answer:

finance American war efforts during World War 1

Explanation:

There were 4 Liberty Bonds issues between 1917 and 1918. These bonds were very important back then since they were used to finance American involvement in World War 1. The interests earned from the first issue were even tax exempt up to $30,000 which was a lot of money back then.

Besides helping the US fight WWI, Liberty Bonds are still important because the law that authorized them is still currently used to authorize all the issuance of US securities. Very few laws have had such a long life span and really with given a lot of use.

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Present value of dividends: Fresno Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent o

klasskru [66]

Answer:

Explanation:

Dividends through year 1 to 5:

D1 = 2.15*(1+0.30)^1 = 2.80

D2 = 2.15*(1+0.30)^2 = 3.63

D3 = 2.15*(1+0.30)^2 * (1+0.18)^1 = 4.29

D4 = 2.15*(1+0.30)^2 * (1+0.18)^2 = 8.58

D5 = 2.15*(1+0.30)^2 * (1+0.18)^3 = 12.86

PV (D1) = 2.80

PV (D2) = 3.63 *PVIF = 3.63 * 0.87719 = 3.19

PV (D3) = 4.29 * 0.76947 = 3.30

PV (D4) = 8.58 * 0.67497 = 5.79

PV (D5) = 12.86 * 0.59208 = 7.62

Total of all PV's = 22.69

4 0

3 years ago

What are the four requirement of valid contract

timurjin [86]

Four requirements for a valid contract are an offer, acceptance by the other party of the offer, a mutual agreement or meeting of the minds of the contracting parties and a valid consideration.

3 0

3 years ago

Solstice Company, which uses the direct write-off method, determines on October 1 that it cannot collect $70,000 of its accounts

lukranit [14]

Answer:

Dr Accounts receivable 70,000

Cr Bed debts expense 70,000

(Accounts receivable is an asset and when it increases, they are debited. When expenses increase, they are credited.)

Dr Cash 70,000

Cr Accounts receivable 70,000

(Cash is an asset and when it increases, it is debited. Accounts receivable is an asset and when it decreases, they are credited)

8 0

3 years ago

You are planning a special wedding three years from today. You don't know who your spouse will be but you do know that you are s

Novay_Z [31]

Answer:

Total amount collected = $94,400

Explanation:

Given:

1st investment = $25,000

2nd Investment = $35,000

3rd investment = $45,000

Computation of total amount:

$Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1+r)^1} +\frac{45,000}{(1+r)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1+0.07)^1} +\frac{45,000}{(1+0.07)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1.07)^1} +\frac{45,000}{(1.07)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1.07)} +\frac{45,000}{(1.2250)} \\\\Total\ amount = 25,000 +32,710.28 +36,734.6939 \\\\Total\ amount = 94,444 \\\\$

Total amount collected = $94,400

3 0

3 years ago

Gabriel applies for a home loan and, mark signs the agreement promising to pay off the debt in case gabriel fails to do so. in t

Gemiola [76]

The answer is letter a, cosigner. Mark is a cosigner is someone who is in charged of the other person's debt when that person he's in signed with wasn't able to meet the requirements or fail to pay or comply. That is why Mark is considered to be a cosigner of Gabriel if Gabriel fails to comply to pay the loan and Mark is in charged to settle it if Gabriel fails to do so.

6 0

3 years ago