<span>The type of bond Frank has purchased is "subordinated debenture".
</span>Other names or terms that are used for this type of bond are; subordinated<span> debt, </span>subordinated<span> loan, </span>subordinated bond,<span> or junior debt.
Subordinated debenture is a sort of bond that refers to an unsecured and gives bondholders a claim optional to that of other assigned bondholders concerning both salary and resources.
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Answer:
Promotion
Explanation:
Promotion is of the element of marketing mix. Promotion is a marketing technique of making consumers aware about the product offered by the organization.
Various promotional tools are used for this purpose such as advertisements through print, radio and television. It is important that they propagate actual and bias fee information to the consumers. It is not ethical to misinform consumers.
In this case, ethical issue deals with promotion of the company as it has no evidence regarding the claim they are making related to the product that it reduces cholesterol.
Answer:
a. Depreciation expense of $6,710 will be recorded each year.
Explanation:
Data provided in the question
The capital lease period = 10 years
Annual payments = $10,000
Recorded cost of the asset = $67,100
So by considering the above information, we have to find out the depreciation expense for each year by
= Recorded cost of the asset ÷ Capital lease period
= $67,100 ÷ 10 years
= $6,710
Hence, the correct option is a.
Answer: $1,974.51
Explanation:
FUTA and SUTA taxes are the responsibility of the employer so the amount withheld from Portia's earnings will be;
= Social security tax + Medicare tax + Federal income tax withheld
= (0.062 * 8,488) + ( 0.0145 * 8,488) + 1,325.17
= 526.26 + 123.08 + 1,325.17
= $1,974.51
<em>Option is not given but this is the answer.</em>
The economic system is the method used by a society to produce and distribute goods and services
