Answer:
Terrell is using credit, which is a US regulated monetary system.
Explanation:
When you use credit (I also study finance along with investing) your borrowing money and paying it back later. This is a system that banks and government agencies make lots of money from, and they make money long term, while Terrell gets to pay his insurance in the short term. (I would advise against putting more than 10% of your credit limit of your credit card. Yes I know about credit cards lml) *edit- Credit is a form of small loans unless its secured or prepaid*
About 24.9% workers were unemployed
Answer:
2250
Explanation:
Assumption: <u>Par value of the bonds to be issued is $1000 </u>
Current Capital structure is 100% equity financed of Dirty Don's Bicycle Shop.
Share capital of Dirty Don's bicycle shop = 1,00,000 shares × $50
= $5000000
After restructuring, the capital structure shall comprise of 45% debt and 55% equity.
Hence, the proportion of debt = 45% of $50,00,000 = $22,50,000
Assumed: par value of bond is $ 1000
In this case, the number of bonds to be sold = 
= 2250 bonds
Thus, 2250 bonds will have to be sold at $1000.
Bonds refer to debt instruments whereby the borrower raises long term finance in exchange for making periodic coupon payments in the form of interest and principal repayment upon date of maturity.
Answer:
construction in progress 400,000
cost of construction 600,000
revenue from long-term contracts 1,000,000
Explanation:
To derive revenue for this year :we say Total revenue $3,000,000- Revenue previously recognized $2,000,000 =
Revenue to recognize this year $1,000,000.
Cost recognized for the year= $600,000(as opposed to $12000000 in costs last year)
Gross profit recognized for this year = $1,000,000 - $600,000 = $400,000
Not really sure if the $35,000 is the total or not but..
If the $35,000 dollars is the total then here you go.
Take the $35,000 dollars and subtract the 10% sales tax.
35,000 - 3,500 = 31,500
Then take the total before tax and subtract the shipping charges.
31,500 - 940 = 30,560
Finally, subtract the cost of installation.
30,560 - 1,120 = 29,440
Andy's Candy spent $29,440 on equipment before taxes.
