Answer:
See explanation for the answer.
Explanation:
1.
Balances of bonds payable, bond investment, interest income and interest expense are to be considered
Proceeds from for bonds (1400000*50%*0.95) 665000
Carrying value of bonds
Face value (1400000*50%) 700000
Unamortized premium (8/10*(1400000*50%*0.09)) 50400
Carrying value 750400
Gain on retirement of bonds 85400
2.
General journal Debit Credit
Bonds payable 700000
Premium on bonds payable 44100
Interest income 74375
Investment in bonds (665000+4375) 669375
Interest expense 63700
Gain on retirement 85400
Answer:
The correct answer is option b. average total costs are falling.
Explanation:
When marginal cost is below average total cost, average total cost will be falling whereas the average cost will be rising when the marginal cost is above average total cost.
A firm is highly productive and efficient when the average total cost is the lowest. At this point, the average total cost is also equal to the marginal cost i.e.
Average Total Cost (ATC) = Marginal Cost (MC).
Answer:
Excess reserves
Explanation:
Money supply in the economy is regulated by the central bank of Federal Reserve through various methods.
One of them is the use of reserve ratio.
Reserve ratio is the percentage of total deposit in a bank that commercial banks are required to keep aside and not use.
If there is no excess reserves and the Fed lowers required reserve ratio, it means banks will now have more money they can use to service customers.
The excess excess of the reserve can now the used to give out loans
Answer:
Kotter
Explanation:
According to Kotter, leadership and management are two different aspects but however they are complementary systems of action in organization.
Answer:
$1,250
Explanation:
Given the following :
Amount of marginable stock customer wishes to buy = $7,500
Restricted margin account with $2500 of SMA
Since the account is a restricted margin account, that is (account has fallen below intial requirement). There must be a deposit of 50% in the regulation T account.
Hence, to purchase a marginable stock of $7,500;
50% of $7,500 should be deposited;
50/100 × 7,500 = $3750
Since there is $2500 of SMA in restricted margin account
Hence, the amount needed will be ;
($3,750 - $2,500) = $1,250
