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2 years ago

-What are some of the economic performance indicators? Can you help me please !!

Business

1 answer:

Greeley [361]2 years ago

3 0

Answer:

i assume you are referring to variable as economic 'indicators'

Economic performance can be measured by a number of goals the government sets. for example, a lower unemployment rate, price stability or economic growth.

In terms of indicators:

economic growth would be indicated by GDP growth

Unemployment (obviously just by the unemployment rate)

And, price stability/inflation would be indicated by the change in CPI (consumer price index) otherwise called the inflation rate.

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Answer and explanation:

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2 years ago

Adcock Company issued $600,000, 9%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually on January 1. Adcock

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Answer: Please find answers in explanation column.

Explanation:

a. Journal to record The issuance of the bond

Date Account Titles Debit Credit

Jan. 1 Cash $618,000

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Premium on Bonds payable $18,000

Calculation

Cash = 600,000 x 103% =$618,000

b. The accrual of interest and the premium amortization on December 31, 2020

Date Account Titles Debit Credit

Dec. 31 Interest expense $53,100

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Interest payable $54,000

Calculation

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Premium on bonds = 18,000 /20 = $900

Interest expense=$54,000- $900=$53,100

c.Journal to record The payment of interest on January 1, 2021. Date Account Titles Debit Credit

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d) Journal to record The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.

Date Account Titles and Explanation Debit Credit

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3 years ago

Flint Corporation issues $440,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the mar

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Answer:

$414,282.91

Explanation:

The issue price of the bonds is also known as the Present Value (PV) or current price of the Bonds and is calculated as :

FV = $440,000

PMT = ($440,000 x 9%) ÷ 2 = $19,800

P/yr = 2

N = 9 x 2 = 18

I/yr = 10%

PV = ?

Using a Financial calculator to input the values as above, the PV or issue price will be $414,282.91

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3 years ago

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Answer:

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3 years ago

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C. structurally unemployed

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3 years ago