Answer: A. Yes
Explanation: The US tax system has built-in stabilizers which help when the economy is down.
Built-in stabilizers are economy policies of government which are triggered automatically to stabilize the economy when it experiencing a downward movement or an unexpected growth in an excessive way without the explicit intervention of the government. An example of this is unemployment insurance.
Answer:
The value of the bond is 1,003.8771 after subtracting the accrued interest to the market value of the bond.
Explanation:
From the amount provide by the Wall Street Journal there are two component, the bonds value and the interest accrued over time.
we should calcualte the interst and subtract to get the bond value:
principal x rate x time = interest
rate and time should match, so the 5% rate should be convert into a 2.5% rate and we express time as portion of 182 days:
1,000 x 0.025 x (22-7)/182 = 2,060439 = 2.060439 interest
1,005.9375 - 2.0604 = <em>1,003.8771</em>
Where's the options to choose from.
Answer:
The answer is attached for ready reference
Explanation:
Please note no effect for depreciation is taken as it is non cash item.
The may ending balance is having a surplus of $103,300
intrinsic value, because it is used to show the moral goodness in a person.
