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3 years ago

The settling of any net deficit in the combined current, and capital and financial accounts is done with

Business

1 answer:

MatroZZZ [7]3 years ago

4 0

Answer: official reserves

Explanation:

The official reserve account is simply part of capital account which has to do with securities and foreign currency that are being held by the central bank of a particular country and which are used to balance payments yearly.

It should be noted that when there's trade surplus, there'll be increase in reserves and when there is a deficit in trade, there'll be decrease in reserves.

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Your unemployed friend Seymour sent you a test of his electronic cover letter. You see that he is struggling with the appropriat

Ugo [173]

tell him to put less information with more details.

Instead of putting large amounts of small information in a cover letter, he should be putting small amounts of information with smaller details, a cover letter is explaining you and your backround better to the employers to see if you're what they want, and to get to know your backround better. If Seymour puts his little important details of information he will have a better chance at impressing the employers.

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4 years ago

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Fortune Enterprises is an all-equity firm that is considering issuing $13.5 million of perpetual debt. The interest rate is 10%.

Nuetrik [128]

Answer:

d. Debt holders get $0 mil. under the unlevered plan vs. 0.6075 mil. under the levered plan

Explanation:

interests paid to debt holders = $13,500,000 x 10% = $1,350,000

generally, interest revenue is taxed as ordinary revenue = corporate income tax rate (if debt holder is a business) or personal income tax (if debt holder is an individual).

under the first plan, debt holders get nothing because there is no outstanding debt since the company is an all equity firm.

under the second plan, if the personal tax rate on interest income is 55%, which is really high, the debt holders will earn $1,350,000 x (1 - 55%) = $607,500

8 0

3 years ago

On December 31, 2006, Frye Co. has $2,000,000 of short-term notes payable due on February 14, 2007. On February 2, 2007, Frye is

Juli2301 [7.4K]

Answer:

The amount of short term notes payable reported as Current liabilities (CL) on December 31, 2006 is $500,000

Explanation:

The amount of short term notes payable reported as Current liabilities (CL) on December 31, 2006 is computed as:

Amount of short term notes payable = Short term notes payable due on Feb 14 - Borrowed from County Bank

where

Short term notes payable due on Feb 14 is $2,000,000

Borrowed from County Bank is $1,500,000

Putting the values above:

Amount of short term notes payable = $2,000,000 - $1,500,000

Amount of short term notes payable = $500,000

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3 years ago

The American economy is based on both capitalism and free enterprise. What does this mean?

choli [55]

Capitalism is when a country's industry is controlled by individual owners, not by the state. Free enterprise is an economic system where businesses compete without much state control. Hope this helps!

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3 years ago

What made Germany bitter after World War I?

melomori [17]

Answer:

Treaty of Versailles

Explanation:

The terms which caused the most resentment in Germany were the loss of territory, the war guilt placed solely on Germany, the deliberate effacement of the German military and the demands of reparations.

Answered by NONE other than the ONE & ONLY #QUEEN herself aka #DRIPPQUEENMO!!!

HOPE THIS HELPED!!

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3 years ago

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