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3 years ago

What economic benefit has the debt reschedule for developing countries?

Business

1 answer:

diamong [38]3 years ago

8 0

Answer:

The main economic benefit that debt rescheduling has for developing countries is that it changes principal and interest payments to more favorable conditions.

This means that after the reschedule, developing countries will have to put less resources into the payments of public debt, which allows them to have more resources available for other public investments like education, healthcare, and infraestructure.

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Company J acquired all of the outstanding common stock of Company K in exchange for cash. The consideration transferred exceeds

slamgirl [31]

Answer: The amounts have to be determined using fair value for plant and equipment and for long term debt.

Explanation:

Fair value method is based on the market price of the asset. The historical value of the assets is not used to consider the sale price of the asset. Fair value is where Company J and Company K both the parties have to accept the price based on the known facts of the assets.

Company J and Company K should both accept the price out of free will and should not be out of compulsion. Company J can report based on the financial statement fair value of the assets and long term debt.

4 0

3 years ago

During 2021, its first year of operations, a company provides services on account of $257,000. By the end of 2021, cash collecti

Dmitrij [34]

Answer:

Debit Bad debt expense $15,120

Credit Allowance for doubtful debt $15,120

Being entries to record estimated bad debts

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

Account receivables balance as at year end

= $257,000 - $131,000

= $126,000

Allowance for doubtful debt = 12% * $126,000

= $15,120

4 0

3 years ago

Jon is the marketing head at Avion International, an import-export agency. His calendar is filled with: meetings with heads of t

HACTEHA [7]

Answer: Option D

Explanation: As per the job characteristics theory an employee who is performing a job which have a high variety of task to complete and require some special skills will feel more motivated and satisfied than others.

In the given case, Jon has a feeling that his job makes him to perform new task everyday, that's why, he never gets board with his job.

Hence from the above we can conclude that the correct option is D.

5 0

3 years ago

Albright Motors is expected to pay a year-end dividend of $3.00 a share (D1 = $3.00). The stock currently sells for $30 a share.

Viefleur [7K]

Answer: 14.4%

Explanation: The G that we are computing in this question is the sustainable growth rate, it is the growth rate that a company can attain and maintain without any problem.

we know that,

growth = (retention ratio)*(return on equity)

growth = (1- dividend payout ratio)*(return on equity)

$growth\:=\:\left ( 1-\frac{3}{30} \right )*\left ( 0.16 \right )$

growth = 14.4%

3 0

3 years ago

The accounting profit is equal to

Archy [21]

Is the monetary costs a firm pays out and the revenue a firm receives. It is the bookkeeping profit, and it is higher than economic profit. Accounting profit = total monetary revenue- total costs.

7 0

3 years ago