Answer:
Rise; More attractive; More; Less; Rise
Explanation:
Suppose that the federal budget deficit increases.
So, there is a need to borrow funds and this will increase the government borrowings. The higher government borrowings will lead to cause the interest rate to rise.
In an open economy, the buyers in the foreign countries are buying more U.S bonds as they will receive higher rate of return from investing in bonds. Hence, the U.S bonds are becoming more attractive to the foreign buyers because of the higher interest rate.
This will reduce the value of U.S exports, hence, the trade deficit (Value of imports - Value of exports) will rise further.
Answer:
PV=?
N=3
FV= 47,700
PMT= 17,000
I= 5%
Put values in financial calculator
Pv=$87,500
Now use this value to calculate residual value at the end of year 4
PV= 87,500
N=4
Fv=?
PMT= -17,000
I=5
$33,084= residual value in 4 years.
Explanation:
Answer:
Explanation:
A sole proprietor is a person who owns, manage, finance and organize a business firm.
It refers to an individual who owns a business that has not been registered as a business entity. Such business includes partnership, limited liability company (LLC) and a corporation.
A sole proprietor is responsible for decision making process of his business and also bears the burden of profit, loss and tax alone.
WHILE
An independent contractor is an individual who works for another individual. An independent contractor provides services to another person but he is not an employee of the other person. An independent contractor is a self employed person who provides professional services to a business organzation.
He is paid based on the amount of work done. Examples of independent contractor includes graphics designer, data analyst, web designer or IT expert.
The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.
<h3>
What journal entries?</h3>
- A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
- An accounting journal, which shows a company's debit and credit balances, records transactions.
- The journal entry can be made up of multiple records, each of which is either a debit or a credit.
- Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.
So, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of cash invested, and the fair market value.
30,000 + 60,000 = $90,000
Therefore, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.
Know more about journal entries here:
brainly.com/question/14279491
#SPJ4
The complete question:
T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of $60,000. The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $ ______.
