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Angelina_Jolie [31]
3 years ago
8

Match each term to its definition. Part Aa. surplus b. debt c. interest d. deficit Part B1. the total of all accumulated and unp

aid deficits 2. a situation in which outlays exceed revenue 3. a situation in which revenue exceeds outlays 4. the fee that borrowers pay to debt holders
Business
1 answer:
yanalaym [24]3 years ago
4 0

Answer:

The answers are as follows;

1. the total of all accumulated and unpaid deficits (b. Debt)

2. a situation in which outlays exceed revenue (d. Deficit)

3. a situation in which revenue exceeds outlays (a. Surplus)

4. the fee that borrowers pay to debt holders (c. Interest)

Explanation:

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Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its De
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Answer:

$50,800

Explanation:

Security     Cost       Fair value     Gain(loss)

X              371,000    343,500        -27,500  

Y              185,000     162,400        -22,600  

Z              <u>424,000</u>    <u>407,800</u>        <u>-16,200 </u>

Total        <u>980,000</u>    <u>913,700</u>         <u>-66,300</u>

Unrealized holding loss on Income statement ended June 30,2021 = $66,300 - $15,500 = $50,800

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3 years ago
In the Reaching Beyond our Borders box titled, "Ethical Culture Clash", the story proves that a large multi-national company suc
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Answer:

False

Explanation:

Ethical standards are are set of guiding principles that an organisation communicates to its employees as the expected way to do things.

In reaching beyond our borders it is not true that ethical standards of of its employees must be the same as for workers in the United States.

For example an employee living abroad does not spend his whole housing allowance on getting a place to stay as expected in the United States, but puts it to use on other endeavours.

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3 years ago
In gathering audit evidence, the accessibility of information may be a factor thereby influencing which judgment trigger
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The answer is availability
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DEF Corporation had two issues of ordinary preferred stock with a $100 par value traded on the NYSE. One issue paid $5.56 annual
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Answer:

5.93%

Explanation:

Cumulative Dividend for both (5.56+5.88)          $11.44

share price for both types of preferred stock (95.55+97.5) $193.05

Cost of preferred stocks $11.44/193.05=5.93%

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8 0
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