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To receive a loan from the imf, a country must agree to make economic reforms and conditions related to that loans.
<h3>What are the condition to receive a loan from IMF?</h3>
- To receive a loan from the IMF, a country must agree to make economic reforms.
- It has to follow the conditions associated with loans, debt relief and financial aid.
So we can conclude that To receive a loan from the IMF, a country must agree to make economic reforms and conditions related to that loans. #SPJ4
Learn more about IMF here: brainly.com/question/10346932#
Answer:
false
Explanation:
Over-the-counter refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange.
Answer:
Option (B) is correct.
Explanation:
Interest accrued for 6 months (January 1 to July 1):
= $1,000 × 6% × (6 ÷ 12)
= $30
This shall be credited to interest revenue as this is the income of the investor.
Sale value of investment:
= Bond selling price on July 1 + Interest accrued for 6 months
= $1,200 + $30
= $1,230
Gain on sale of investment:
= (Selling price - Purchase price) - Accrued interest
= ($1,230 - $1,000) - $30
= $200
Therefore, the Journal entry for this transaction is as follows:
Cash A/c Dr. $1,230
To debt investments $1,000
To Gain on sale of investment $200
To Interest revenue $30
(To record the cash proceeds at the time the bond is sold)
Answer:
Effect : Increase in Break Even units by 3,750 units to 18,750 units
Explanation:
Break even point is the level of activity at which a firm makes neither a profit nor a loss
Break even Point (Units) = Fixed Costs ÷ Contribution per unit
where,
Contribution per unit = Selling price per unit - Variable Costs per unit
= $12 - $8
= $4
Therefore,
<u>Before Increase</u>
Break even Point (Units) = $60,000 ÷ $4 = 15,000
<u>After Increase</u>
New Contribution = $12 - ($8× 1.10)
= $3.20
Therefore,
Break even Point (Units) = $60,000 ÷ $3.20 = 18,750