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bearhunter [10]
3 years ago
15

The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up ________ of the U

S gross national product.
Business
1 answer:
hammer [34]3 years ago
7 0

The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up 3-30% of the US gross national product.

Explanation:

Household production refers to goods and services people produce for themselves.

Underground economy refers to buying and selling of goods and services that are concealed from the government to avoid taxes or regulations or because the goods and services are illegal.

If you know how much the economy works for a brief time, it doesn't matter.

If one knows how goods and services are produced for a decade or further, it might be more important to omit domestic production and development in the underground economy.

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company's retained earnings have a financing cost associated with them because retained earnings belong to which of the followin
Masja [62]

Answer:

a. The common stockholders.

Explanation:

A company's retained earnings have a financing cost associated with them because retained earnings belong to the common stockholders.

Retained earnings can be defined as the accumulated profits or net income generated by an organization but are not distributed or given as dividends to the stockholders, rather are reinvested in to the business.

Generally, retained earnings are used to pay off debts, used for capital expenditures and working capitals.

Retained earnings represents the total stockholders' equity reinvested back into the company.

5 0
3 years ago
An ecosystem generally requires solar energy, nutrients, decomposers, consumers and?
spin [16.1K]

An ecosystem generally requires solar energy, nutrients, decomposers, consumers and producers.

An ecosystem is a community or group of living organisms that live in together and interact with each other in a specific environment. Ecosystems are considered as the foundation of Biosphere which maintains the natural balance of the earth.

An ecosystem requires nutrients, decomposers, consumers and producers. For instance, let's take the relationship between deer and lion in the ecosystem. So, for its survival, the lion eats the deer. Thus, each relationship like this has an effect on other creatures and plants living in the same environment.

Hence, the structure of an ecosystem is related to its species diversity.

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4 0
2 years ago
On January 1, 2016, Parker Company issued bonds with a face value of $62,000, a stated rate of interest of 11 percent, and a fiv
nignag [31]

Answer:

Parker Company

a. Amortization Table

Date                                                 Interest        Discount

                            Cash Payment   Expense   Amortization   Carrying Value

January 1, 2016                                                                            $57,639

December 31, 2016    $6,820         $7,493           $673               58,312

December 31, 2017      6,820            7,581               761              59,073

December 31, 2018      6,820           7,679              859             59,932

December 31, 2019     6,820            7,791               971              60,903

December 31, 2020    6,820            7,917            1,097             62,000

b. The carrying value that would appear on the 2019 balance sheet is:

= $60,903.

c. The interest expense that would appear on the 2019 income statement is:

= $7,791.

d. The amount of cash outflow for interest that would appear in the operating activities section of the 2019 statement of cash flows is:

= $6,820.

Explanation:

a) Data and Calculations:

Face value of bonds =      $62,000

Proceeds from the issue = 57,639

Bonds discount =                $4,361

Stated rate of interest = 11% paid annually on December 31

Effective rate of interest = 13%

December 31, 2016:

Interest expense =      $7,493 ($57,639 * 13%)

Interest payable =       $6,820 ($62,000 * 11%)

Discount amortization    $673 ($7,493 - $6,820)

Bond value = $58,312 ($57,639 + $672)

December 31, 2017:

Interest expense =     $7,581 ($58,312 * 13%)

Interest payable        $6,820 ($62,000 * 11%)

Discount amortization   $761 ($7,581 - $6,820)

Bond value = $59,073  ($58,312 + $761)

December 31, 2018:

Interest expense =     $7,679 ($59,073 * 13%)

Interest payable        $6,820 ($62,000 * 11%)

Discount amortization $859 ($7,679 - $6,820)

Bond value = $59,932 ($59,073 + $859)

December 31, 2019:

Interest expense =     $7,791 ($59,932 * 13%)

Interest payable        $6,820 ($62,000 * 11%)

Discount amortization  $971 ($7,791 - $6,820)

Bond value = $60,903 ($59,932 + $971)

December 31, 2020:

Interest expense =         $7,917 ($60,903 * 13%)

Interest payable           $6,820 ($62,000 * 11%)

Discount amortization  $1,097 ($7,917 - $6,820)

Bond value = $62,000 ($60,903 + $1,097)

3 0
3 years ago
A medium-term goal takes _____ to accomplish. a. 1-2 months b. 1-2 years c. 1-5 years d. 5-10 years Please select the best answe
Sliva [168]

Answer:it is D. Hope it helps

Explanation:

7 0
3 years ago
Read 2 more answers
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
Georgia [21]

Answer:

$47,000

Explanation:

The cash budget is a forecast of the company's expected movement in cash considering the expected outflows and inflows. This movements result in a change between the opening and ending cash balance. This may be expressed mathematically as

Opening balance + Cash receipts - Cash disbursed = ending balance

Cash receipts for the period

= $264,000

Cash disbursed

= $138,000 + $80,000 + $10,000 + $15,000

= $243,000

ending balance  = $26,000 + $264,000 - $243,000

= $47,000

5 0
3 years ago
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