<span>The goal of giving the debtor a fresh start is accomplished through</span><span> releasing debtors from personal liability for specific debts and protecting them from collection efforts.</span>
Answer:
$2,295.
Explanation:
Note: The data in the question are merged together and they are first sorted before the question is answered as follows:
Job # Total Cost Complete? Sold?
803 $500 yes yes
804 200 yes no
805 900 no no
806 600 yes yes
807 400 no no
808 380 no no
809 600 yes no
810 680 yes yes
811 225 no no
812 390 no no
The following is now the explanation to the answer:
To calculate the total in the work-in-process (WIP) account, we add the total costs of jobs in the table above not yet completed as follows:
Total in the work-in-process (WIP) account = $900 + $400 + $380 + $225 + $390 = $2,295.
Answer:
16.22%
Explanation:
To calculate the annual coupon rate, you can use the following formula:
Coupon Rate= (Annual coupon payment/Par value of the bond)* 100%
Annual coupon payment= $1158.91*14%= 162.2
Par value of the bond= $1000
Coupon Rate= (162.2/1000)*100%
Coupon Rate=0.1622*100%
Coupon Rate= 16.22%
The annual coupon rate on this bond is 16.22%
Answer:
a. diminishing marginal utility.
Explanation:
According to the law of Diminishing Marginal Utility, with the increase in the unit of consumption, the marginal utility attained from it starts to decrease. Marginal utility is the utility attained from the increase in each unit which is consumed. Utility represents satisfaction and attainment of happiness from any source.
