Answer:
2
Explanation:
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Answer: Debit: Interest expense $9900
Debit: Premium on bonds payable $540
Credit: Cash $10440
Explanation:
First and foremost, the cash payment will be calculated as:
= $174,000 × 12% × 6/12
= $174,000 × 0.12 × 0.5
= $10440
Interest expenses will be calculated as:
= $180000 × 11% × 6/12
= $180000 × 0.11 × 0.5
= $9900
Therefore, the journal entry to record the first interest payment would be:
Debit: Interest expense $9900
Debit: Premium on bonds payable $540
Credit: Cash $10440
Answer:
c. wages and prices are often inflexible in the downward direction
Explanation:
While the prices of the products can decrease in a recession when there is a decrease in demand there is an excess in the supply, therefore, the price decreases but, in real life that doesn't occur people prefer not to work rather than going to work for a lesser amount most of the times. The same goes for some prices under which the producer or manufacture firm does not reduce the price.
Answer:
Crowdsourcing
Explanation:
Crowdsourcing can be defined as a practice that involves utilizing a group of individuals for the sole purpose of obtaining new ideas.
Crowdsourcing can provide businessess with entry to new and fresh ideas and solutions, in-depth consumer experience, enhancement of different tasks, and a great reduction in the level of costs.
Individuals that take part in crowdsourcing work as paid freelancers.
Crowdsourcing enables various organizations to carry out tasks at a faster rate by splitting up the task. Crowdsourcing provides a more efficient way to perform tasks.