Answer:
Transaction 1
Debit : Cash ($1,000 x 1,000) $1,000,000
Credit : Bond Payable $1,000,000
Transaction 2
Debit : Cash ($854,000 x 101.30%) $865,102
Credit : Bond Payable $865,102
Transaction 3
Debit : Cash ($281,000 x 99%) $278,190
Credit : Bond Payable $278,190
Explanation:
On each issuance date recognize a cash inflow and a liability - Bond Payable to the extent of the amount paid on issue.
The law of demand illustrates all quantities of goods that consumers are willing and able to buy at every possible price. (third option)
<h3>What is the law of demand?
</h3>
According to the law of demand, the higher the price, the lower the quantity demanded by consumers and the lower the price, the higher the quantity demanded by consumers. There is an inverse relationship between price and quantity demanded
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Answer:
b. The lower the WACC used to calculate it, the lower the calculated NPV will be
Explanation:
When calculating NPV the cash inflows and cash outflows arising at the duration of the life are discounted at WACC. Generally, present value of outflow is same as actual as no discounting is done, as that occurs at the initial time of the project.
Cash inflows arising at year end are discounted.
When, WACC is lower The present value of inflows is lower in comparison to higher WACC.
Therefore, there is lower NPV with lower WACC.
Thus, Statement b. is correct.
b. The lower the WACC used to calculate it, the lower the calculated NPV will be
Answer:
A) price stability and maximum employment.
Explanation:
When Congress enacted the Federal Reserve Act in 1913, they stated the FED's mandates:
- promote maximum employment
- promote stable price
The FED's main objective is to conduct monetary policy in order to stabilize the economy and promote economic growth.
By stabilizing the economy the FED will lower inflation rate, therefore stabilizing prices. When the FED promotes economic growth, the unemployment rate should decrease, hopefully reaching a full employment.
Since he is working as a tax accountant for Starlight Fashions which is a clothing manufacturer, his salary would be classified as period cost..
<h3>What is
period cost?</h3>
In preparation of financial account, a period cost refers to a cost that cannot be capitalized into prepaid expenses, inventory, fixed assets etc
In conclusion, because works as a tax accountant for the clothing manufacturer, his salary would be classified as period cost.
Read more about period cost
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