__________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.

Consider Paul's decision to go to college. If he goes to college, he will spend $90,000 on tuition, $15,000 on room and board, a

Katen [24]

Answer:

B. $123,000

Explanation:

The computation of the Paul's cost of going to college is presented below:

= Tuition fees + room and board charges + books expenses + earning as a construction job - room and board charges

= $90,000 + $15,000 + $7,000 + $22,000 - $11,000

= $123,000

We simply deduct the room and board charges while working as a construction job and the other items would be added

4 0

3 years ago

The government of Ugania had been extending huge amounts of loans to the business enterprises in the country. However, the borro

coldgirl [10]

Answer:

b) economic

Explanation:

Economic risk can be described as the probability that investment in the home country will be affected by changes in exchange rates, a political instability, a change in government regulation or policy, or any other macroeconomic conditions especially in a foreign country.

Despite that the government of Ugania has been trying to stimulate its economy extending huge amounts of loans to the business enterprises in the country, the failure to generate the profits necessary to repay their debts by borrowers likely due to be that the business enterprises in Ugania are most likely to facing economic risk.

7 0

3 years ago

Privacy act of 1974, the US government is prohibited from storing many types of data about US citizens. The act does NOT prohibi

jok3333 [9.3K]

Answer:

The correct answer is A

Explanation:

The action, looking through the paradigm of Utilitarianism would be considered ethical.

Any action especially by the ruling powers, government or political class which regardless of the rule of law is aimed at engineering the social, economic and or political levers of any state to the end that it betters society as a whole would be considered Utilitarian.

Utilitarianism is simply a theory or philosophy which preaches and teaches the need for happiness or pleasure whilst condemning any action, policy, thought or law that stimulates harm and unhappiness.

According to the question, the Privacy Act of 1974 had debarred the acquisition of Intelligence especially for the purpose of transacting business. Sooner or later it purchased, through an entity, information about its citizens on the basis of the need for National Security.

The act of seeking the welfare of the state thus becomes permissible reason under an utilitarian government for it to break a protocol or an existing edict.

Cheers!

7 0

3 years ago

View each of the below-listed provisions that are often contained in bond indentures alone. Which of these provisions would tend

Contact [7]

The answer would be

7 0

2 years ago

On January 1, 2022, Concord Company issued $2,800,000 face value, 7%, 10-year bonds at $3,006,070. This price resulted in a 6% e

yaroslaw [1]

Answer:

Concord Company

Journal Entries:

i. The issuance of the bonds on January 1, 2022:

Debit Cash $3,006,070

Credit Bonds Payable $2,800,000

Credit Bonds Premium $206,070

To record the issuance of bonds at premium.

ii. Accrual of interest and amortization of the premium on December 31, 2022:

Debit Interest expense $180,364

Debit Premium Amortization $15,636

Credit Interest Payable $196,000

To accrue interest and record premium amortization.

iii. The payment of interest on January 1, 2023:

Debit Interest Payable $196,000

Credit Cash $196,000

To record payment of interest.

iv. Accrual of interest and amortization of the premium on December 31, 2023:

Debit Interest expense $179,426

Debit Premium Amortization $16,574

Credit Interest Payable $196,000

To accrue interest and record premium amortization.

Explanation:

a) Data and Calculations:

January 1, 2022:

Face value of bonds issued = $2,800,000

Proceeds from the bonds issue 3,006,070

Bonds Premium = $206,070

Coupon interest rate = 7%

Effective interest rate = 6%

Bonds maturity period = 10 years

Payment of annual interest = each January 1

December 31, 2022:

Interest expense = $180,364 ($3,006,070 * 6%)

Cash payment = $196,000 ($2,800,000 * 7%)

Amortization of premium $15,636 ($196,000 - $180,364)

Bonds' fair value = $2,990,434 ($3,006,070 - $15,636)

December 31, 2023:

Interest expense = $179,426 ($2,990,434 * 6%)

Cash payment = $196,000 ($2,800,000 * 7%)

Amortization of premium $16,574 ($196,000 - $179,426)

Bonds' fair value = $2,973,860 ($2,990,434 - $16,574)

Analysis:

i. The issuance of the bonds on January 1, 2022:

Cash $3,006,070 Bonds Payable $2,800,000 Bonds Premium $206,070

ii. Accrual of interest and amortization of the premium on December 31, 2022:

Interest expense $180,364 Premium Amortization $15,636 Interest Payable $196,000

iii. The payment of interest on January 1, 2023:

Interest Payable $196,000 Cash $196,000

iv. Accrual of interest and amortization of the premium on December 31, 2023:

Interest expense $179,426 Premium Amortization $16,574 Interest Payable $196,000

3 0

3 years ago