Answer:
Dr accounts payable $2,300
Cr cash $2300
Explanation:
Initially the cost of the purchases=$4600
Returning half of the disc means the left for the discs actually bought is half of the invoice price of $4600 i.e $2,300
By not paying within the discount period implies that the debt stands at $2,300
Without mincing words,payment of $2,300 to the supplier automatically translates to debiting account payable with $2,300 and crediting cash account with the same amount.
The correct answer would :
Dr accounts payable $2,300
Cr cash $2300
This is missing from the options provided.
Answer:
$3
$2
$1
False
Explanation:
The burden of tax refers to who pays the tax between the buyer and the seller.
More burden of tax usually falls to the party with the more inelastic demand because the quantity demanded would not change despite the increase in price as a result of the tax.
To find the amount of tax per bottle = price of wine - amount received by producers = $6 - $3 = $3
The amount paid by consumers = price after tax - price before tax = $6 - $4 = $2
Amount received by sellers = tax- amount paid by consumers = $3 - $2 = $1
It can be seen that consumers bear a higher burden of tax because they pay the greater tax. This means they have an inelastic demand.
If the tax had been levied on producers, the effect on quantity demanded would have been greater because producers have a more less elastic supply when compared to consumers .
I hope my answer helps you
Answer,
World Bank and International Monetary Fund.
Explanation,
World Bank is an organization with 186 member countries.It provides monetary and technical support to developing countries.International Monetary Fund has 186 member countries .Its purpose is to promote financial responsibility,prevent and solve economic crises ,encourage growth.It halso helps to eradicate poverty by encouraging countries to adopt responsible economic policies.It lends money to developing countries and provide training such as banking regulations.
The bond coupon rate is the total interest rate that is used to calculate periodic charges made to bondholders. The bond coupon rate is further than the yield to maturity.
Net cost call premium = $567,000
<h3> Bond coupon rate </h3>
Option, D is correct.
The net expense of the call premium after taxes is $567,000.
Net cost call premium = Debt x Call premium x (1 - Tax rate)
Net cost call premium = $9,000,000 x 10% x (1 - 37%)
Net cost call premium = $900,000 x 0.63
Net cost call premium = $567,000
To know more about the bond coupon rate visit the link
brainly.com/question/22504216
#SPJ4
Answer:
The correct answer is $3.12 and $888.42.
Explanation:
According to the scenario, the given data are as follows:
Beginning balance = $885.30
cash payment = $50
Face value of bond = $1,000
Interest rate = 6%
We can calculate the amortization amount by using following formula:
Amortization amount = Interest expense - cash payment
Where, Interest expense = Beginning balance × interest rate
= 885.30 x 6%
= $53.12
By putting the value, we get
Amortization amount = 53.12 - 50
= $3.12
And, Ending balance of bond = Beginning balance of bond + Amortization amount
= 855.30 + 3.12
= $888.42
