Answer:
Gain on retirement $4,200.00
Explanation:
The computation of the gain or loss on retirement is given below;
Carrying value of Bond $108,700.00
Less; Price at which bond is called $104,500.00
Gain on retirement $4,200.00
Simply subtracted the called price of the bond from the carrying value of the bond so that the gain on retirement is recorded
Llloyd is a "Telecommuter". With the rise of the internet, the ability to perform the same or similar work responsibilities from home or a remote location (not at a traditional work or office setting) has greatly increased. This activity is also known as "Telecommuting," "E-commuting" and "working from home".
Answer:
Because the stock market is usually irrational.
Explanation:
The stock market is a minor indicator of the health of the economy "because the stock market is usually irrational."
Given that before the stock market crashes, there is usually the placement of high value on stocks, which makes it irrational thereby making it difficult to anticipate the stock market crash.
Hence, it does not serve as the main indicator of the health of the economy.
Answer: Increased interest rates, Increased taxes or lower spending in the future.
Explanation: What is Government debt? It is the difference between government spending and receipts leading to high volume of unpaid contractors, unpaid pensions, unpaid bills for goods and services etc.
The effect of government debt includes: 1. Increased interest rates 2. Increased taxes
3. lower spending in the future.
