Net public debt is gross public debt minus the portion that is held by government agencies
Public debt is the total amount borrowed by the government, including all obligations, to meet its development budget. It must be paid out of the Consolidated Fund of India. The term "debt obligations" is also used to describe the total liabilities of the federal and state governments, even though the Union government expressly distinguishes its financial obligations from those of the states.
The ability of the government to issue debt has been crucial in the development of states. Public debt has been linked to the establishment of democracy, private financial markets, and modern economic expansion..
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Answer:
$950
Explanation:
Since the total amount of items purchased by the thief is $950, then Brandon has to pay back the amount deducted from his card.
Answer:
The correct answer is: coupon payments.
Explanation:
In the financial world, coupon represents the interest rate on a bond. Typically, the coupon is paid semi-annually. Coupon is the abbreviation for coupon rate or coupon percentage rate. The use of the word coupon is derived from the fact that bonds used to be issued in physical-paper form. Attached to the bonds, there were coupons that had to be removed from the bond and redeemed with the issuer to receive the interest payment.
Answer: 1. Yes it will cause a change.
2. Magnitude of the stock price change will be greater under scenario (b) than scenario (a).
Explanation:
1. There is a negative $200 million discrepancy between what Analysts expected and what the company announced. This means that the company's revenue was less than anticipated and will cause a REDUCTION in stock price because the market will be open and the stock price will need to reflect this new information to signify that the stock is not as valuable anymore.
2. Scenario a represents a situation where the cause of the reduction in revenue was WELL KNOWN and so it will be expected. The financial analysts would have accounted for this but evidently, not very well. Therefore the magnitude of the change will not be as large because it was SOMEWHAT EXPECTED.
Scenario b though refers to a situation where investors DID NOT KNOW or ANTICIPATE the cause of the discrepancy and as such will react more to it. This will mean that the magnitude of change in stock price will be larger here than in Scenario a.
Answer:
The journal entries are as follows:
(a) On July 16,
Account receivable A/c Dr. $1,200
To sales revenue $1,200
(To record Sales)
Cost of goods sold A/c Dr. $720
To Inventory $720
(To record cost of goods sold)
(b) On July 19,
Sales return and allowance a/c Dr. $200
To Account receivable $200
(To record sales return)
Inventory A/c Dr. $120
To Cost of goods sold $120
(To record cost of goods return)
(c) On July 22,
Cash (1,000 × 98%) A/c Dr. $980
Sales discount A/c Dr. $20
To Account receivable $1,000
(To record amount received)