Answer:
B
Explanation:
hope i helped if im wrong sorry;-;
A scene from a popular movie that shows an involuntary exchange (where a buyer or seller is forced to participate) could be in Star Wars, where it fictionally demonstrates the conquest of different planets and galaxies by force, through theft, destruction and violence.
If the exchange were voluntary, the negotiation would take place in a way that is beneficial to both the buyer and the seller, where each would be involved in a legal and ethical agreement to carry out a transaction.
<h3 /><h3>What is the benefit of voluntary exchange for the economy?</h3>
It assists in the positive development of the market, as voluntary exchange ensures that buyers and sellers benefit from an exchange process, which is an essential principle for the global free trade system.
Therefore, voluntary exchange must be promoted in the world economy, where nations exchange resources in ways that benefit local economic development.
Find out more about voluntary exchange here:
brainly.com/question/26349405
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Answer:
d. buyback
Explanation:
The scenario that is being described is a form of countertrade known as buyback. There are two reasons why this usually happens. The first is that the manufacturing company has limited access to liquid funds in the country which they are currently located and the goods provide better value. The second circumstance would be that they believe that the product being produced will increase in value and their profits will increase by holding the product as opposed to liquid funds.
The answer is
Democracy
Communism
Socialism
Oligarchy
Aristocracy
Monarchy
Theocracy
Colonialism
Totalitarianism
Military Dictatorship
Answer:
1.
1 Jan 2019
Cash 2100000 Dr
Bonds Payable 2100000 Cr
2.
30 June 2019
Interest expense 73500 Dr
Cash 73500 Cr
31 Dec 2019
Interest expense 73500 Dr
Cash 73500 Cr
3.
31 Dec 2022
Bonds Payable 2100000 Dr
Cash 2100000 Cr
Explanation:
1.
The bonds are assumed to be issued at par value as the market interest rate is not given and is assumed to be the same as the interest rate on bonds of 7%. The issuance of bonds on par is recorded as a debit to the cash received against the bonds and a credit to the bonds payable account.
2.
The semi annual interest payment on bond is,
Bond interest-semi annual = 2100000 * 0.07 * 6/12 = 73500
The interest rate given is the annual interest rate of 7%. That is why we multiply it with 6/12 to get the semi annual interest.
3.
The disposal of bonds will be a reversal of the issuance entry. The bonds payable will be debited by the par value amount and the cash will be credited.
