Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.
Answer:
well he should apologize to his boss and everyone he wasn't a team player to because someone must have told his boss, and then proceed to say he with work with others better and mean it. hope this helps your "friend"
Explanation:
Answer:
Debit Accounts Receivable—Valley Spa $10,438 Credit Interest Revenue $238
Credit Notes Receivable $10,200.
Explanation:
Preparation of the the journal entry to record the dishonored note
Debit Accounts Receivable—Valley Spa $10,438
($10,200+$238)
credit Interest Revenue $238
($10,200 x 14% x 60/ 360)
Credit Notes Receivable $10,200
(To record the dishonored note)
Answer:
the interest rate that the state of New York bond need to offer to make Fergie indifferent is 6.58%
Explanation:
After tax returning surething bond = 9.4%*(1-30) = 6.58%
when New York bond offers 6.58%,Fergie will be indifferent between investing in the two bonds
Therefore, the interest rate that the state of New York bond need to offer to make Fergie indifferent is 6.58%
