Answer: The Statement A. is FALSE.
Explanation: The National Response Framework explains how, at all levels, the nation effectively manages the all-hazards response, is the FALSE statement.
The United States National Response Framework is essential to the National National Security Strategy, it helps to give all domestic response partners a response to disasters and emergencies.
Answer:
(C) Bonds Payable for $150,000
Explanation:
the face value of the bonds will the value at which bonds payable account enter the accounting. Then, there is a discount which decrease the net value of the bonds:
Bonds Payable 150,000 credit
Discount on bonds 15,000 debit
When the bonds are converted, we will write-off these account against common stock and additional paid-in
To wirte-off the account we need to post them in the other side so we got:
Bonds payable debit 150,000 debit
Discount on bonds 15,000 credit
Common Stock xx credit
Additional paid.in xx credit
These makes option C correct
Answer:
89.63% of 2nd month payment will go towards the payment of principal.
Explanation:
Loan Payament per month = r ( PV ) / 1 - ( 1 + r )^-n
r = rate per period = 12% per year = 1% per month
n = number months = 12 months
PV = present value of all payments = $82,500
P = payment per month = ?
P = 1% ( $82,500 ) / 1 - ( 1 + 1% )^-12
P = $7,330 per month
Month Payments Principal Interest Balance
1 -7330 -6505 -825 75995
2 -7330 -6570 -760 69,425
Percentage of Principal Payment = Principal payment / totla monthly payment = $6,570 / $7,330 = 0.8963 = 89.63%
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