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Murljashka [212]
3 years ago
7

The city of Jacksonville, Florida is issuing $100,000,000 of general obligation bonds paying interest on January 1st and July 1s

t of each year until maturity. The dated date of the issue is June 1, 2020. The first payment will be made on January 1st, 2021. A bondholder purchases the issue at the offering. The first interest payment is a(n):
Business
1 answer:
Yuri [45]3 years ago
5 0

Answer: Odd first interest payment

Explanation: The Interest paid on the first installment is a odd first Interest payment. Such scenario comes into play when a loan with a fixed installment payment date, which is 6 months in this case (January 1st and July 1st), begins on a date which does not allow the immediate use to f this regular payment schedule. Hence, the odd first Interst payment is adopted in other to enable the lender cove r the initial period before beung able to use the usual regular payment schedule. In this case the odd first Interest schedule is between June 1st to January 1st. After which regular payment schedule commences on July 1st.

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umka2103 [35]

What should you tell her about how the Part D Initial Enrollment Period applies to her situation is: Part D occurs 3 months prior and 3 months after the month a beneficiary meets the requirements for Part B.

<h3>What is Part D plan?</h3>

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Based on the scenario you should tell her that  Part D Initial Enrollment Period start  3 months prior and 3 months after the month when a beneficiary  of the plan meets the eligibility or necessary requirements for Part B plan.

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3 0
2 years ago
Larkspur, Inc. reports net income of $91,800 in 2022. However, ending inventory was understated $7,800. What is the correct net
dezoksy [38]

Answer:

$99,600

Explanation:

If the ending inventory was understated that means that they have less of the inventory than they had originally expected, this means that they sold more than they have calculated and therefore have not included the $7,800 in the net income. Therefore, we would need to add this amount to the actual reported net income to get the correct net income for 2022...

$91,800 + $7,800 = $99,600

The correct net income for 2022 is $99,600

3 0
3 years ago
Darren runs a barbershop with fixed costs equal to $40 per day and a total output of 10 haircuts per day. What is his weekly tot
mixer [17]

Answer:

$240

Explanation:

Darren runs Barber shop

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= 240

Hence the weekly fixed cost is $240

7 0
3 years ago
A decrease in demand and an increase in supply will rev: 05_07_2018 Multiple Choice increase price and affect the equilibrium qu
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Explanation: A decrease in demand and an increase in supply will  decrease price and affect the equilibrium quantity in an indeterminate way.

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4 years ago
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