Answer:
A. imports exceeded exports by a sizable $419 billion
Explanation:
Obviously imports had a greater value than exports. The difference in value is ...
$2535 -2116 = $419 . . . billion
This observation matches choice A.
Answer:
8 million
Explanation:
I solved the question a short while ago
Module 4
Fundamentals of Finance
Answer:
C. Interest Expense for $32,500
interest expense 32,500 debit
premium on BP 2,500 debit
cash 35,000 credit
--to record interest payment--
Explanation:
proceeds: 1,050,000
face value: 1,000,000
premium on BP 50,000
straight line method is used therefore, we amortize the premium equally between payment:
the bond is outstanding for 10 years at 2 payment per year: 20 payment
50,000 / 20 = 2,500
now the cash outlay in favor to the bondholders:
1,000,000 x 7% / 2 = 35,000
The amortization decreasethe interest expense giving a value of 32,500
making option C correct.
Eugene should not be upset because HIS PROPERTY VALUE HAS INCREASE. Sale tax refers to the consumption tax imposed by the government on the sales of goods and services at the point of sale. An increase in sale tax will automatically increase the value of the land and the house that Eugene has in that area. If he sells the land later or rent out the house, he will make more money from the sale.