Answer:
$29,750
Explanation:
Given that
Borrowed amount = $350,000
Interest rate = 8.5%
The computation of interest expense is shown below:-
Interest expense in the first annual payment = Borrowed amount × Interest rate
= $350,000 × 8.5%
= $29,750
Therefore, for computing the interest expense in the first annual payment we simply multiply borrowed amount with interest rate.
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Answer:
b. has no-par value stock.
Explanation:
Additional paid-in capital represents the amount of money that shareholders have paid for their shares of stock, in excess of the par value of the stock. This is most likely to occur with no-par value stock, which has no set value assigned to each share.
If the consumers are further confident they will expend additional dollars at entirely earnings stage and the consumption function moves upward. This increase in expenditure reasons the aggregate demand curve to move to the right. The ceteris paribus is known as a alteration in interest rates reasons a movement alongside the investment demand curve.
Answer:
increases the same amount with tariffs and equivalent quotas.
Explanation:
In Economics, a surplus refer to the amount by which the quantity supplied of a good exceeds the quantity demanded of the same good.
A producer surplus is the amount by which a buyer is willing to pay for a particular good minus the cost of producing the same good.
On the other hand, a consumer surplus is the amount by which a buyer is willing to pay for a particular good minus the amount the buyer actually pays for it.
In the case of a small country, a producer surplus increases (raises) the same amount (an amount a buyer is willing to pay for a good minus the cost of producing the good) with tariffs and equivalent quotas.
A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.
Generally, tariffs can reduce both the volume of exports and imports in a country. In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.