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satela [25.4K]
3 years ago
7

1. What is the Law of Demand?

Business
1 answer:
Ivanshal [37]3 years ago
3 0

ok ok poko kdwkdwExplanation:

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On January 1, 2020, Bonita Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t
Delvig [45]

Answer:

Following are the responses to the given points:

Explanation:

For point a:

Criteria I                                    

Date: 1-1.2020                 Debt Investments                    \$3,44,260.74

                                         cash                                       \$3,44,260.74

For point b:

Criteria  II

Date: 31.12.2020                Interest Account receivable to pay \$38,400.00   \ \ \ \ \ \ \ \ \ \            320000\times 12\%

                                    Debt Investments   \$3973.93

                                   rate of Revenue          \$34,426.07(\$344,261.74 \times 0.10)                                        

31.12-2020                         Fair Value Adjustment                        1713.19

                       Gain or loss - equity unrealized holding          1713.19                          

for point c:

Criteria III

31.12-2021                       Interest Account receivable to pay          \$38,400            

                                    Debt Investments                              \$4,371

                                   rate of Revenue                       \$34,029

 

31.12-2021                   Gain or loss - equity unrealized holding    \$7,927.69

                                   Fair Value Adjustment                          \$7,927.69

                                329700-335914.50=6214.50+1713.19 =7,927.69

Please find the attached table.

8 0
3 years ago
The erie canal connected industry and consumers in the east with what group?
umka21 [38]

The Erie canal was able to connect industries and consumers in the east with c. Midwestern farmers.

The Erie Canal:

  • Was completed in 1825
  • Connected New York City and the Great Lakes
  • Allowed for goods to be shipped to and from the New York to the Great Lakes

The Great Lakes were accessible to farmers in the midwestern region and after the Erie Canal was built, farmers were able to send their produce via the Great Lakes and through the Erie Canal to New York City where it could be purchased by industries and people or shipped internationally.

In conclusion, the Erie canal was very important to midwestern farmers as it increased their reach.

<em />

<em>Find out more at brainly.com/question/6499420. </em>

Options for this question include:

a. Southern planters

b. Canadian fur traders

c. Midwestern farmers

d. New England fishers

7 0
2 years ago
The person who receives financial protection from a life insurance plan is called a what?
Marina CMI [18]
The person who receives financial protection from a life insurance plan is called a Beneficiary

3 0
3 years ago
In the short run, a monopolistically competitive firm continues to increase production _____ if it can at least cover its variab
tankabanditka [31]

Answer:

Until Marginal Revenue = Marginal Cost

​

Explanation:

In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.

8 0
2 years ago
Incite Co. has a 30 percent tax rate. Its total interest payment for the year just ended was $43.4 million. What is the interest
inn [45]

Answer: $13,020,000

Explanation:

Given that,

Tax rate = 30%

Total interest payment for the year just ended = $43,400,000

Interest Tax Shield = Tax rate × Total interest payment

                               = 30% × $43,400,000

                               = 0.30 × $43,400,000

                               = $13,020,000

Therefore, the interest tax shield is $13,020,000.

7 0
3 years ago
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