Answer: technological discovery; economic dislocation
Explanation:
In the scenario described, Karen had spotted an entrepreneurial opportunity that was created by the new extraction technique, or a technological discovery. When there's a technological discovery, there will be new opportunities for people.
The technological discovery created an oil boom or an economic dislocation. When there's a change in economic conditions as a result of displacement of some workers, we say the affected people have been dislocated from the affected economy, in terms of employment.
Answer and Explanation:
The computation of the amount and character of his recognized gain or loss is as follows:
There is a gain of
= $1,300 - $1,000
= $300
This gain represents the long term capital gain as it is more than 12 months. If there is a gain that within the 12 months so it would be the short term capital gain
So, the amount and character would be $300 and long term capital gain
Answer:
a
Explanation:
bc interest rates have a negative correlation their for they will shift off
Answer and Explanation:
The journal entry is shown below:
Interest Expenses $ 40,570
To Discount on bonds payable {($882,000 - $829,100) ÷ 10 years} $5,290
To Cash $35,280
(Being the interest expense is recorded)
For recording this we debited the interest expense as it increased the expenses and credited the discount on note payable and cash as it decreased the assets so cash is credited