A student who receives a Direct Stafford Loan must complete the _____, in which he or she promises to repay the loan.

Why is body language an important indicator in business meeting

Andrews [41]

Answer:

Body language is necessary to read other people's true feelings and intentions. It helps you connect with them and build better relationships. In a meeting context, it helps to see the reactions of the participants: a facial expression can reveal a point of view before a word is spoken

6 0

3 years ago

Read 2 more answers

The distinction between efficiency and equality can be described as follows:

larisa [96]

Answer:

The correct answer is the letter b. Efficiency refers to maximizing the size of the pie; equality refers to distributing the pie fairly among members of society.

Explanation:

Efficiency is about maximizing production while minimizing costs, ie producing as much as possible with available resources. Equality refers to the distribution of production, that is, the division into economically considered fair parts of what was produced among the agents of society. In the example, efficiency would be to produce the largest pie possible given the existing resources. Equality would be the distribution of the pie considered socially fair.

5 0

3 years ago

Q 2.16: according to the historical cost principle, if an asset costs $50,000 when it was purchased, it would be recorded at its

liq [111]

According to the historical cost principle, if an asset costs $50,000 when it was purchased, and the one who purchased it still owns the asset today, it will have a higher value than $50,000. If the interest rate is assumed to be 5% for 5 years, the asset will be recorded as $63,814.08.

4 0

3 years ago

Information necessary to prepare the year-end adjusting entries appears below. a. Depreciation on the machines for the year is $

lilavasa [31]

Answer:

Jaguar

Adjusting Journal Entries:

General Journal

Date Description Debit Credit

a. Depreciation Expense-Equipment $9,900

Accumulated Depreciation-Equipment $9,900

To record depreciation expense for the year.

b. Wages & Salaries Expense $3,900

Wages & Salaries Payable $,3900

To record unpaid salaries.

c. Interest on Notes Expense $1,380

Interest on Notes Payable $1,380

To accrue interest on notes for 4 months to December 31.

d. Insurance Expense $19,500

Prepaid Insurance $19,500

To accrue insurance expense for 10 months

e. Supplies Expense $

Supplies $

To record supplies expense for the year (difference between Supplies balance and Supplies remaining at the end ($4,900).

f. Utilities Expense $2,150

Utilities Payable $2,150

To record utilities expense for the month.

Explanation:

Adjusting journal entries are prepared at the end of an accounting period. They adjust the expense and revenue accounts in line with the accrual concept and the matching principle of generally accepted accounting principles.

The adjusting entries are for unpaid expenses, unreceived earned revenue, prepaid expenses, deferred revenue, and depreciation expenses, and correction of errors in posting transactions to the general ledger.

7 0

3 years ago

A 27-year U.S. Treasury bond with a face value of $1,000 pays a coupon of 6.00% (3.000% of face value every six months). The rep

nikdorinn [45]

Answer:

(A) $1,055.35 (B) $2,180.53 (C) $780.07 (D) $412.08.

Explanation:

The tenor of the bond is 27 years i.e. (27 * 2=) 54 periods of 6 months each (n).

Face Value (F) = $1,000

Coupon (C) = 6% annually = 3% semi annually = (3% * 1000 face value) = $30.

The Present Value (PV) of the Bond is computed as follows.

PV of recurring coupon payments + PV of face value at maturity

= $\frac{C(1-(1+r)^{-n}) }{r} + \frac{F}{(1+r)^{n}}$

A) Yield = 5.6% annually = 2.8% semi annually.

$PV = \frac{30(1-(1.028)^{-54}) }{0.028} + \frac{1,000}{(1.028)^{54}}$

= 830.25 + 225.10

= $1,055.35.

B) Yield = 1% annually = 0.5% semi annually.

$PV = \frac{30(1-(1.005)^{-54}) }{0.005} + \frac{1,000}{(1.005)^{54}}$

= 1,416.64 + 763.89

= $2,180.53.

C) Yield = 8% annually = 4% semi annually.

$PV = \frac{30(1-(1.04)^{-54}) }{0.04} + \frac{1,000}{(1.04)^{54}}$

= 659.79 + 120.28

= $780.07.

D) Yield = 15% annually = 7.5% semi annually.

$PV = \frac{30(1-(1.075)^{-54}) }{0.075} + \frac{1,000}{(1.075)^{54}}$

= 391.95 + 20.13

= $412.08.

4 0

3 years ago