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AnnZ [28]
3 years ago
13

what is the purpose of a debt service fund? Does a debt service fund require budgeting? why or why not?

Business
1 answer:
kirza4 [7]3 years ago
4 0

Answer:

The purpose of a debt service fund is to pay back long term debt issued to finance a specific government project alongside with the principal and interest accrued to it.

Part B: Yes

Explanation:

A debt service fund require budgeting because with budgeting, payments of debts are easily managed and it also ensures fund availability as at the moment it is needed.

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Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to dep
Kruka [31]
According to my examination I have confirmed that I do NOT repeat do NOT know the answer to this question. Good luck!
6 0
3 years ago
Read 2 more answers
A monthly water bill (in dollars) is a linear function of the amount of water the hose uses (in hundreds of cubic feet, HCF) the
Lostsunrise [7]

Answer:

The monthly cost for 11 HCF would be $ 35.69.

Explanation:

Consider the linear function that represents the amount of water ( in dollars ) for x HCF of used water,

y = mx + c

Where, m is the slope of the function,

We have, m = 1.45,

So, the function would be,

y = 1.45x + c

If y = $ 44.39 and x = 17,

This implies,

            44.39 = 1.45(17) + c

            44.39 = 24.65 + c

44.39 - 24.65 = c

             19.74 = c

Thus, the required equation that shows the amount of water for x HCF of water is,

y = 1.45x + 19.74

For x = 11 HCF,

The amount of water for 11 HCF of water,

y = 1.45(11) + 19.74

y = 15.95 + 19.74

y = 35.69

Hence, the monthly cost for 11 HCF would be $ 35.69.

4 0
3 years ago
Even though the nation faces political instability, the island of Frollik with its wide, expansive beaches is a destination hub
Gala2k [10]

Answer:

3. Foreign Direct Investment

Explanation:

Based on the information provided within the question in regards to the situation at hand, it seems that the theme park company is using a global marketing strategy called Foreign Direct Investment. This term refers to when a foreign company decides to invest in a controlling ownership of a business in another country. Just like what is going on with the theme park company wanting to buy land in Frollik in order to build an entertainment park.

If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
A Saudi Arabian government-run hospital hired American Scott Nelson to be an engineer. The parties signed the employment agreeme
ra1l [238]

Answer:

No, Nelson cannot sue. The US Supreme Court ruled that regardless of the monstrous activities carried out by the Saudi government and the fact that they tend to solve commercial disputes by putting people in jail and torturing them, the events happened in Saudi Arabia. And they were not related to the contract signed by Nelson, the police and the hospital are considered sperate entities by the US laws.

The court recognized that Saudi behavior was really bad, but they had jurisdiction over it. This is a strictly police matter. Saudi Arabia and most Arab states are known for these type of activities, but people continue to go to work there because they offer high salaries. They forget that a golden cage is still a prison.

5 0
3 years ago
On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the not
Andreyy89

Answer:

credit to interest revenue for $132

Explanation:

given data

face value = $8,800

interest rate = 6 %

time = 90 days

solution

if we see here journal entry that is

date                  particular                                   debit                      credit

October 30       cash A/C                                   $8932

                          to notes payable                                                    $8800

                          to interest revenue                                                $132

                          ( $8800× 6% × \frac{90}{360} )

so here credit to interest revenue for $132

6 0
3 years ago
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