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3 years ago

How long is honeymoon period for president?

1 answer:

3 0

The honeymoon period for a newly elected president in America refers to the period early in the president's first term in office, when his popularity is high. The honeymoon period usually lasts between four and six months.

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Emil company has $4 million in bonds outstanding. during the current year, the applicable market interest rate decreases. the fa

hram777 [196]

Emil company has $4 million in bonds outstanding. during the current year, the applicable market interest rate decreases. The fair value of Emil company's bonds likely will <u>increase.</u>

<u></u>

<h3><u>Why Do Interest Rates Exist?</u></h3>

The fee that a lender assesses on a borrower is known as the interest rate, which is expressed as a percentage of the principal, or the loaned amount. Usually, the annual percentage rate (APR), which is how loans' interest rates are expressed, is indicated (APR).

Also subject to interest rates are earnings from savings accounts and certificates of deposit held by banks and credit unions (CD). Interest earned on these bank accounts is referred to as annual percentage yield (APY).

<u>How Are Interest Rates Set?</u>

The economy is just one of the many variables that affect the interest rates that banks charge. Each bank bases its range of APRs on the interest rate, which is established by the central bank of the nation (in the U.S., this would be the Federal Reserve).

Debt becomes more expensive when the central bank sets interest rates at a high level. When borrowing is expensive, people are less likely to do it, which lowers demand from consumers. Moreover, interest rates typically increase along with inflation.

Learn more about interest rates with the help of the given link:

brainly.com/question/8925253

#SPJ4

7 0

2 years ago

Hocker Company issues $200,000 of ten-year, 8% bonds to yield 10% on January 1, 20X1. The bonds pay interest annually on Decembe

Gnom [1K]

Answer:

$16,000.

$17,542.

$20,000.

Explanation:

It just is

6 0

3 years ago

On July 31, the bookkeeping account Supplies Inventory shows a debit balance of $1,000. A physical inventory taken on that date

Tanya [424]

Answer:

$200

Explanation:

When Supplies inventory are purchased, a debit is posted to Supplies inventory and a credit to cash account or accounts payable.

As the inventories are used, debit Supplies expense and credit Supplies inventory account.

Given that $1,000 was the debit in the books and $800 per count, it means the books balance needs to be written down to the physical balance. The difference to be posted

= $1,000 - $800

= $200

This will be done by

Debit Supplies expense $200

Credit Supplies Inventory $200

Being entries to record inventory used in July

4 0

3 years ago

Prepaid Advertising has a debit balance in the Trial Balance section of the worksheet of $1500 and a credit entry of $550 in the

Dmitriy789 [7]

It will be answer choice b

5 0

3 years ago

At February 1, 2022, the balance in Bonita Industries supplies account was $3080. During February Bonita purchased supplies of $

ICE Princess25 [194]

Answer:

Balance of Suppliers Account is $2200 debit

Explanation:

It is important to know that the Supplies Account increases on the debit side and decreases on the credit side.

On 1 February the account was $ 3080 and this was a debit since it was an existing balance.

Purchase during the year by Bonita Industries increased the Supplies Account. A debit entry of $2640 must be recorded.

Used supplies during the year decrease the Supplies Account. A credit entry of $3520 must be made

There for the balance left $2200(3080+2640-3520) is still on the increase side (debit).Hence the answer $2200 debit is correct.

5 0

4 years ago