Answer:
a. Overlapping debt
Explanation:
A city and school district are coterminous. When evaluating the debt issues of the city, the school district debt would be considered an overlapping debt.
The city and school district being coterminous simply means that they share the same things in common such as geographic boundaries, locations, scope of business, branch (jurisdiction) strategies and perhaps objectives.
An overlapping debt can be defined as the financial obligations of a municipality that falls partly or is being shared with a nearby jurisdiction (neighboring district, towns etc.)
Answer:
<u>Year Preferred div. Common div. Total </u>
1 $80,000 $0 $80,000
2 $90,000 $0 $90,000
3 $130,000 $20,000 $150,000
4 $100,000 $50,000 $150,000
5 $100,000 $60,000 $160,000
6 $100,000 $80,000 $180,000
Explanation:
dividends declared:
Year 1, $80,000
Year 2, $90,000
Year 3, $150,000
Year 4, $150,000
Year 5, $160,000
Year 6, $180,000
preferred stock 250,000 cumulative 2%, $20 par = $100,000 in preferred dividends per year (since the stocks are cumulative, if the dividends are not paid in one year, they accumulative until next year).
common stock 500,000, $15 par
Because of the aggregate demand increased and aggregate supply increased the US economy was able to achieve full employment with relative price level stability between 1996 and 2000.
From 1996 to 2000, the US stock market more than doubled in value. If the aggregate demand curve shifts to the right as the components of aggregate demand-consumption spending, investment, government spending on exports minus imports-rise, when the curve will turn back to the left all these components will fall.
The term trompe l'oeil refer to work that misleads or deceives someone.
Answer:
option (A) 150
Explanation:
Data provided in the question:
Number of rooms in the hotel = 1500
Number of checkouts = 300
Number of stayovers = 900
Number of transient arrivals = 250
Group block that begins a three stay on that day = 200
Now,
Rooms available for next Friday
= Total number of rooms - ( stayovers + transient arrivals + group block)
= 1500 - ( 900 + 250 + 200)
= 150
Hence,
the correct answer is option (A) 150
