Answer:
Issuance:
Cash 41,397.56 debit
Discount on BP 8,602.44 debit
Bonds Payable 50,000 credit
TRUE. At maturity the Bonds payable account will be debited to indicate the bonds were payed.
Explanation:
C 2,250.000
time 20
rate 0.06
PV $25,807.3227
Maturity 50,000.00
time 20.00
rate 0.06
PV 15,590.24
PV c $ 25,807.3227
PV m <u>$ 15,590.2363 </u>
Total $ 41,397.5591
Answer:
less developed countries do not have a comparative advantage in the production of any goods or services.
Explanation:
Usually less developed countries do not have a full developed production
Here is the answer. Given that Maldo Gernonimo spent $235 per night and he stayed for 2 nights so the total is $470. $46 per day so the two days is $92. And the transportation is $535. To sum this up, the total is $1,097. Since he has a budget of $1,200, the maximum that he can spend on dinner each of the two nights is $97.5. Hope this helps.
Answer: It is A).
Explanation:
The Interstate Commerce Commission (ICC), established by Congress in 1887 to regulate the railroads (and later extended to motor carriers, inland waterways, and oil companies). It was abolished in 1996 but long served as the prototype of such an agency.
<span>If you take the question very literally, you have just joined the organisation and been offered two options. The present value of each is still $0 as you have not yet selected either or received any payment. However, assuming the question is aimed at establishing which option is better over the two year period, the following explanation applies.
Salary arrangement 1 is 7,400 monthly for 24 months
Assuming the whole salary is invested each month, and the annual interest rate is 6%, and that it is paid at the start of each month then the following formula will apply:
Present value = previous value + (previous value * interest rate) + monthly payment
Using this formula for a 24 month period results in present value of $188,196.47
Salary arrangement 2 is 33,000 initially and 6,100 monthly for 24 months
Using the same assumptions as above, and the same formula for 24 month period results in present value of $191,692.01
The main difference is the initial payment which is accruing interest throughout the period and therefore salary arrangement 2 results in a higher present value.</span>
