False because American is still the most in debt Country ever
Answer:
The after-tax cost of debt of LL Incorporated rounded to decimal places is 9.80%
Explanation:
First and foremost ,the before tax cost of debt is the yield to maturity of 14%
Having determined the before-tax cost of debt,the after-tax cost of debt is the before-tax cost of debt adjusted for marginal tax rate of 30% as computed thus:
after-tax cost of debt=before-tax cost of debt*(1-t)
the t is the tax rate of 30% which is also 0.3
after tax cost of debt=14%*(1-0.3)
=14%*0.7=9.80%
Answer:
d. All of the above are true
Explanation:
According to my research on the GASB's definition of the financial reporting entity, I can say that based on the information provided by the GASB website, all of the above statements provided are true. They can consists of many components such as joint ventures or jointly governed organizations, governments can be general purpose governments or special-purpose governments, and Blending is used.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
1. Income determines who will get what is produced
2. Consumers decide what to produce by what they are willing to buy
3. Demand determines how much will be produced
4. Businessmen decide how to produce goods to make a profit
5. Producers the human resources that make the products or perform the services
Explanation:
1. Income determines who will get what is produced
The level of disposable income in a target market determines the quality and quantity of products that will channeled to that market.
2. Consumers decide what to produce by what they are willing to buy.
It is consumers that dictates the tune in market because they are the ones paying for the goods, they have the decision-making power on what they will buy which in turn determines what firms will roduce.
3. Demand determines how much will be produced. Demand is a measure of what consumers are willing buy and in what quantity. The size of demand determines the size of the market that firms are going to supply with their products.
4. Businessmen decide how to produce goods to make a profit.
Firms use the generic strategy of cost reduction (cost leadership) or quality improvement (Product differentiation) as strategic options to decide wihich alternative will yeild more revenue.
5. Producers the human resources that make the products or perform the services.
Producers are the people at the factory floor or service centers manufacturing the good or rendering the service.
Answer:
A) Journal record for issuing 100,000 shares at par value to Paul Glenn
Dr Cash account 100,000
Cr Common Stock account 100,000
B) Journal record for issuing 3,000 shares at par value to Michele Kirby in exchange for promotional services
Dr Promotional Expenses account 3,000
Cr Common Stock account 3,000
Journal record for issuing 45,000 shares at par value to Michele Kirby
Dr Cash account 45,000
Cr Common Stock account 45,000
C) Journal record for land purchase in exchange for stock and mortgage loan + interests accrued
Dr Land account 60,000
Dr Building account 225,000
Cr Mortgage Loan account 180,000
Cr Interest Payable account 5,00
Cr Common Stock account 99,800
