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3 years ago

Matt lives in an apartment in New York. Every month, he must pay rent and

Business

1 answer:

Morgarella [4.7K]3 years ago

3 0

Answer:

the available options of the question are,

A) investing

B) essential

C) financing

D) operating

E) entertainment

and the correct answer is B) essential.

Explanation:

if you look at this question, you can see clearly that matt lives in an apartment and not in his own place, so if he continues to live their, he must pay. this is because there is an agreement between him and the owner of the apartment and this agreement is valid and can be enforced by the law.

of he does not pay, the owner can get rid of him after giving him a notice within a fair time limit.

because of this, this action can be regarded as an "essential" one. or in other words, a must do for matt to have a roof over his head.

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On June 30, 2020, Mischa Auer Company issued $4,000,000 face value of 13%, 20-year bonds at $4,300,918, a yield of 12%. Auer use

hjlf

Answer:

(1) The issuance of the bonds on June 30, 2020.

Dr Cash 4,300,918

Cr Bonds payable 4,000,000

Cr Premium on bonds payable 300,918

(2) The payment of interest and the amortization of the premium on December 31, 2020.

Dr Interest expense 258,055.08

Dr Premium on bonds payable 1,944.92

Cr Cash 260,000

(3) The payment of interest and the amortization of the premium on June 30, 2021.

Dr Interest expense 257,938.38

Dr Premium on bonds payable 2,061.62

Cr Cash 260,000

(4) The payment of interest and the amortization of the premium on December 31, 2021

Dr Interest expense 257,814.69

Dr Premium on bonds payable 2,185.31

Cr Cash 260,000

Explanation:

amortization of bond premium for first coupon payment:

($4,300,918 x 6%) - ($4,000,000 x 6.5%) = $258,055.08 - $260,000 = -$1,944.92

amortization of bond premium for second coupon payment:

($4,298,973.08 x 6%) - ($4,000,000 x 6.5%) = $257,938.38 - $260,000 = -$2,061.62

amortization of bond premium for third coupon payment:

($4,296,911.46 x 6%) - ($4,000,000 x 6.5%) = $257,814.69 - $260,000 = -$2,185.31

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3 years ago

Linda’s Autoplex performs oil changes on automobiles, light trucks, and sport utility vehicles. She is a profitmaximizing busine

yan [13]

The answer is b $15.......

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3 years ago

A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w

Oksi-84 [34.3K]

The waiting time at which 10 percent of the people would continue to hold is given as 2.3

<h3>How to solve for the waiting time</h3>

We have to solve for X ~ Exponential(λ).

then E(X) = 1/λ = 3,

= 0.3333

Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case

For 10 percent of the people we would have a probability of

10/100 = 0.1

we are to find

P(X ≤ t)

= 1 - e^(0.3333)(t) = 0.1

Our concern is the value of t

Then we take the like terms

1-0.1 = e^(0.3333)(t)

1/0.9 = e^(0.3333)(t)

t = 3 * ln(1/0.9)

= 0.3157

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2 years ago

Productive inefficiency could arise from a. a waste of available labor b. a lack of resources c. an improvement in technology d.

kolezko [41]

Answer:

The correct answer is a. a waste of available labor.

Explanation:

Productive efficiency (also known as technical efficiency) occurs when the economy is using all its resources efficiently, producing maximum production with minimum resources. The concept is illustrated in the Production Opportunity Frontier (FPP) in which all points of the curve are the points of maximum productive efficiency (that is, no more products can be achieved from the present resources).

This happens when the production of an economic good is achieved at the lowest possible cost, given the production of another good (s). In other words, when it is achieved, given the need to produce other goods, the highest possible productivity of a good. In a situation of long-term equilibrium for markets in perfect competition, it is where the average cost is the base on the average of the total cost curve, that is, the cost curve where CM = A (T) C.

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4 years ago

Importance of joint stock Company

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The market is up rn depending on what brands you trust and willing to invest in

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3 years ago