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kirill [66]
3 years ago
10

1. Which of the following statements defines "grace period:" 1. The grace period is the day your payment is due. 2. The grace pe

riod is the number of days you have to pay at least a part of your bill before you have to pay interest. 3. The grace period is the number of days you have to pay off your total bill before you must begin paying interest.
Business
1 answer:
shepuryov [24]3 years ago
7 0
I suppose it'd be three...
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When using the continuum leadership model, before selecting one of the seven leadership styles, the leader must consider all of
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3 years ago
Harry forms the Nectarine Corporation during the 2019 tax year. To form the corporation, Harry transfers assets having a fair ma
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Answer:

150000

Explanation:

The question says that Harry received a fair market value = 450000 dollars

Meanwhile he transferred 650000 dollars of assets

Fair value of assets = 650000 - 200000 = 450000

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Therefore the share received will be:

350,000 - 200,000

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Harry's basis in the stock received from the corporation is $150,000.

Thank you!

5 0
2 years ago
Unrealized holding gains or losses which are recognized in income are from debt securities classified as
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Answer:

Trading.

Explanation:

In Business management, when a gain or loss is realized, it simply means that the owner of stock or other securities has sold it. Thus, these unrealized gains or losses are generally referred to as paper profits or losses.

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3 0
2 years ago
Michael company issued 8% bonds with a par value of 1,000,000 receiving 20,000 premium on the interest date 5 years later, after
sattari [20]

Answer:

option D - $22,000 gain

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the gain can be calculated by using the following relation

Face Value + Unamortized Premium - Purchase Price = gain

where,

Face Value - $1,000,000

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Purchase Price - 99% x $1,000,000

putting all value to get gain or loss on the retirement

= $1,000,000 + (60% x $20,000) - (99% x $1,000,000)

=  $22,000 gain

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3 years ago
List the reasons for the near collapse of government finances in france.
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