Answer:
Public referendum
Explanation:
Public referendum
Raising debt limit is not one side decision it always been bilateral decision between public and government. it is done to raise the treasury of government. it is yearly program which may be initiate on the basis of condition of municipality funds. therefore it need referendum from public side to decide whether to increase the debt limit or not
Answer:
Option B
Explanation:
In simple words, A stock dividend refers to the payout to owners that is rendered not in cash but in securities. Such kind of dividend payment has the benefit of satisfying stakeholders without decreasing the cash flow for the business. Usually, these dividends are decided to make as fragments paid out per existing securities in hand.
Whenever dividend is paid in stock is paid, the overall asset interest stays the very same on both the viewpoint of the lender and the viewpoint of the business. Both dividend payments therefore include a newspaper submission for the distribution issuing firm.
Answer:
Tha annual effective yield rate for the bond is:
= 6.2%
Explanation:
a) Data and Calculations:
Bond par value = $1,000
Annual coupon rate = 6%
Annual spot interest rates = 7%, 8%, and 9% for year 1, year 2, and year 3 respectively
Current value of bond = $970 ($1,000 * 99% * 99% * 99%)
Annual coupon payments = $60 * 3 = $180
Effective rate for the three years = $180/$970 * 100 = 18.6%
Annualized effective yield rate = 6.2% (18.6%/3)
OR
Annualized effective yield rate = (Annual coupon payments/Current value of bonds)
= 6.2% ($60/$970)
Answer:
D. $65,000
Explanation:
Data provided
Direct labor = $56,500
Manufacturing overhead = $8,500
The computation of Conversion costs is shown below:-
Conversion costs = Direct labor + Manufacturing overhead
= $56,500 + $8,500
= $65,000
Therefore for computing the conversion cost we simply add the direct labor with manufacturing overhead.
ANSWER = b
Work = All you have to do is process of elimination to eliminate the ones that don’t make sense.
