Answer:
The options for this question are the following:
A. from debtors to creditors; a smaller
B. from creditors to debtors; a larger
C. from debtors to creditors; a larger
D. from creditors to debtors; a smaller
The correct answer is A. Debtors to creditors; a smaller
Explanation:
There are two definitions of deflation. Most people believe that it is simply price drop. But debt deflation is what happens when people have to spend an increasing part of their income on debt service contracted by them: pay mortgage debt, pay credit card debt, pay academic loans.
Nowadays, people have to spend so much money on buying a house or paying for education, that they do not have enough money to spend on goods and services, except for contracting more debt with their credit card or with other loans.
Result: the markets are slowing. Deflation means a slowdown in revenue growth. Markets contract, capital investment and employment also decrease and wages fall. That is what is happening, as a result of a deliberate policy, in Europe and in the US. The fall or stagnation of prices is nothing but the result of a smaller volume of income to spend.
Answer:
A) 5.22 percent
Explanation:
The Pretax cost of debt is the Yield to maturity (YTM) of bond.
Using a financial calculator , you can solve for the YTM with the following inputs;
Face value ; FV = 1000
Maturity of bond; N = 15
Annual coupon payment; PMT = coupon rate * Face value = 6%*1000 = 60
Current price; PV = $1,080
then compute annual interest rate; CPT I/Y = 5.22%
Every time the colleague faces a dilemma, she is fond to say
the following words, “I believe some principles can’t be sacrificed for
anything.”, In those words she says, she favors the form of ethical guidance
called the situational ethics. Situational ethics evaluates context of the act
in an ethical manner.
Answer: C. credit to SUTA Payable of $810
Explanation:
The SUTA tax is a certain percentage expected of employers to pay to the state so as to provide palliative or benefit to displaced workers.
The state unemployment tax rate = 5.4% = 0.054
Taxable amount = $15,000
Tax fee = SUTA rate × taxable amount
SUTA tax amount = $15,000 × 0.054
SUTA tax fee = $810.
Therefore accrued payroll taxes will be feature a journal entry to credit the State Unemployment Tax payable of $810.
Protestantism stimulated capitalism through the emphasis placed on hard work and thriftiness.
Protestantism believes that it takes both good deeds and faith in God to get to heaven. Protestants believe that it is necessary to believe in God alone in order to go to Heaven, a principle known as Sora Fide. Catholics believe that it takes both good deeds and faith in God to get to Heaven. It is the main movement of Western Christianity that spread to
Protestantism believes that it takes both good deeds and faith in God to get to heaven. Protestants believe that it is necessary to believe in God alone in order to go to Heaven, a principle known as Sora Fide. Catholics believe that both good deeds and faith in God are required to get to Heaven.
Learn more about Protestantism here: brainly.com/question/26271315
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