All categories

2 years ago

Select the correct answer.

Business

1 answer:

BabaBlast [244]2 years ago

6 0

Answer:

The Exhaustible resources are scarce.

Explanation:

The Exhaustible resources are scarce. Exhaustible resources are the natural resources which are limited and takes years to form. They can be easily exhausted or depleted by the human activity. Exhaustible resources are- oil, gas, coal, etc.

Inexhaustible resources are the resources which can not be depleted by the human activity for example water energy, solar energy, wind energy, etc. Therefore Exhaustible resources are scarce as they cannot be formed quickly after use.

You might be interested in

The city of ann arbor michigan buys a police car manufactured in germany. in the gdp accounts this transaction is included in

Xelga [282]

Government expenditures and imports

4 0

2 years ago

During the _____ stage, employees are trained in manufacturing and products are carefully inspected for residual flaws.

Korvikt [17]

During the product development stage, employees are trained in manufacturing and products are carefully inspected for residual flaws.

During product development workers are putting together the product and making sure there are no flaws the eye can see. These employees are making sure the presentation of the item whether it's just constructing the item from the beginning or modifying it before moving on to the next phase of production.

7 0

2 years ago

On December 1, Gilman Corporation borrowed $20,000 on a 90-day, 6% note. Prepare the entries to record the issuance of the note,

Afina-wow [57]

Answer:

Please see below the Journal entries required for the Gilman Corporation for the amount borrowed.

Explanation:

Date: December 1

Debit: Cash $20,000

Credit: Notes Payable $20,000

To record Issuance of the note.

Date: December 31

Debit: Interest Expense ($20,000 x 0.06 x 30/360) $100

Credit: Interest Payable $100

To record Accrual Interest at the year end.

Date: March 1

Debit: Note Payable $20,000

Interest Payable $100

Interest Expense ($20,000 x 0.06 x 60/360) $200

Credit: Cash $20,300

To record Payment of the note.

6 0

2 years ago

Larimer Corporation prepares its financial statements in accordance with IFRS. Larimer acquired equipment by issuing 5,000 share

Serggg [28]

Answer:

It should be reported in the notes to the financial statements as a noncash transaction

Explanation:

8 0

3 years ago

Doisneau 16-year bonds have an annual coupon interest of 9 percent, make interest payments on a semiannual basis, and have a

kenny6666 [7]

Answer:

discount bond.

Explanation:

A premium bond is one whose price is above its par value, while a discount bond is one whose price is below its par value. Therefore, to find the answer, we need to find the price of the bond.

To find the price of the bond, we use the formula attached in this answer.

In the formula, YTM = Yield to Maturity, C = Value of the Coupon payment, P = par value of the bond, and n = number of periods till matirity.

We have this information.

YTM = 16%

P = 1,000

The number of periods n = 32 because it is a 16-year bond that pays a semiannual coupon, so 16*2 = 32

Finally, the coupon payment is 45 because the coupon rate is 9%, and the coupon is paid semiannually, so the formula is 9%*1,000 / 2.

Plugging the amounts into the formula we obtain the following answer:

Price of the bond = 287.5

Because the price of the bond is so much lower than its par value, the bond is a discount bond.

7 0

2 years ago