Answer:
$930.11
Explanation:
We will first find the YTM
Par value 1000
Couple rate 8.50%
N 24
PV $925
PMT $85
FV $1000
We are going to use YTM to find the bonds price of 5 years .
Therefore:
Value in 5 years will be:
N 20
I/YR 9.28%
PMT 85%
FV $1,000
PV $930.116
Tax Cuts and Jobs Act is an example of Expansionary fiscal policy because it is a policy of tax cuts and increased government spending on various projects.
Basically, the Tax Cuts & Jobs Act which was enacted under President Donald Trump changed the rate of deductions, depreciation, tax credits and things that affect businesses owners.
- The Tax Cuts & Jobs Act also provide that a tax credit to provided to employers that paid family and medical leave to its employees
Therefore, the Option B is correct because the Expansionary fiscal policy includes policy of tax cuts and increased government spending on various projects.
Read more about Expansionary fiscal policy
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there are more than one kind of dog breed
Answer:
Option Total assets, total liabilities, and equity are unchanged.
Explanation:
The reason is that the double entry to record this transaction is as under:
Dr Cash Account $42,000
Cr Accounts Receivable $42,000
Hence there increase in one asset and decrease in other asset will have zero net impact on assets. As equity and liabilities are not effected by the transaction, hence they will also remain unchanged.
A car is considered to be an asset