Answer:
January 1, 2020
Bonds Payable 1600000 Dr
Loss on Redemption of bonds 36800 Cr
Discount on Bonds Payable 4800 Cr
Cash 1632000 Cr
Explanation:
The redemption of bonds before the maturity usually requires a payment for redemption which is a certain percentage of its face value. It is usually higher than the face value. The above bonds are redeemed at 102 which means at 102% of the face value of the bonds. Thus, the cash paid to redeem the bonds is,
Cash = 1600000 * 102% = 1632000
The bonds have a carrying value, which is the face value less discount or add premium, of,
Carrying value = 1600000 - 4800 = $1595200
If they are redeemed for an amount in excess of the carrying value, they are redeemed at a loss.
The loss on redemption is,
Loss = 1595200 - 1632000 = $36800
Answer:
the firm's ROE is 20%
Explanation:
The tax burden is 0.9
The interest burden is 0.6
The return on sales margin is 13%
The turnover ratio is 2.62
The leverage ratio is 1.1
Calculate the ROE
ROE = 0.9 * 0.6 * 0.13 * 2.62 * 1.1
=0.2 or 20%
<span>Unsaved Money market funds usually offer all the following advantages except: deposit insurance. </span>
<span>Bank deposits have a bank guarantee (usually also govt supported) whereas money market account don't .</span>
Poverty is defined as a lack of fundamental requirements like food, housing, and income.
- The inability to meet basic requirements such as bread, clothing, and shelter is defined as poverty. Poverty, on the other hand, is far more than a scarcity of resources. As defined by the World Bank Organization, poverty is "hunger."
- Poverty is described as a lack of material possessions or a poor income. Poverty has numerous social, economical, and political origins and repercussions.
- Poverty is linked to negative situations such as bad housing, unemployment, inadequate food and nutritional insecurity, inadequate child care, a lack of access to medical care, hazardous areas, and underresourced schools, all of which harm our country's children.
- Poverty has been associated with poor health, a lack of knowledge or skills, an unwillingness or desire to work, and impoverishment.
Thus this is the meaning of Poverty.
To learn more about Poverty, refer: brainly.com/question/2625149
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Answer:
The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:
monetary policy
Explanation:
The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.
