A budget surplus is what is left over or not spent from the previous budget; this leaves the government with extra money left from last fiscal years budget. In turn, it will subtract from the National debt, leaving us with less debt and showing that our money is being managed correctly.
I hope this helps!
Answer:
2250
Explanation:
Assumption: <u>Par value of the bonds to be issued is $1000 </u>
Current Capital structure is 100% equity financed of Dirty Don's Bicycle Shop.
Share capital of Dirty Don's bicycle shop = 1,00,000 shares × $50
= $5000000
After restructuring, the capital structure shall comprise of 45% debt and 55% equity.
Hence, the proportion of debt = 45% of $50,00,000 = $22,50,000
Assumed: par value of bond is $ 1000
In this case, the number of bonds to be sold = 
= 2250 bonds
Thus, 2250 bonds will have to be sold at $1000.
Bonds refer to debt instruments whereby the borrower raises long term finance in exchange for making periodic coupon payments in the form of interest and principal repayment upon date of maturity.
Answer: Database does not need to be changed if a change is made to an application
Explanation:
Data base management is a software that is created to retrieve data, manipulate data and manage the data in its data base. Database management allows its users create their own database through the manipulation of data to yield specific results. Since the data is different from the application, any changes in the database application won't have a bearing on the data already in the database.
Answer:
Martina as her agent can give certain advice like if the property is priced right the size of the property, negotiating with the seller or conducting inspection of the property.
However, on legal matters such as how the title should be held or taken, Martina should excuse herself and refer Christina to her lawyer for advise as real estate agents are not licensed to provide legal advice meaning they cannot answer a legal question, even if they know the answer, without breaking the law.
Explanation:
An instrument that has no room for endorsements : Can have a separate piece of paper firmly attached to it with an endorsement (Allonge)
Option C
Explanation:
An allonge is a piece of paper attached to an exchange bill or promissory note on which the instrument itself can not be approved.
An allonge is a paper slip issued as a bill of trade to a negotiable device in order to receive additional permits for which there may be inadequate room on the bill itself. A description of the length of time is assumed to be written on the bill itself.
If the instrument doesn't have space, a note can be written on a different (called an allonge) piece of paper that is securely attached. The instrument requires a paper firmly attached to a negotiable instrument.
