Answer:
collateralized debt obligation
Explanation:a
collateralized debt obligation is referred to an emergency asset that would be used as collateral assets if a company unable to pay the loan.
It is basically introduced by the bank to regain the loan value that is sold to particular investors. it helps the bank to make more funds and it also helps to transfer risk from bank to investor.
Answer:
total amortization expense = $5400
so correct option is C) $5,400
Explanation:
given data
purchase price = $67,500
time period = 75 months
months = 6th
to find out
total amortization expense
solution
we get here total amortization expense that is express as
total amortization expense = 
×months ...............1
put her value we get
total amortization expense = 
× 6
total amortization expense = $5400
so correct option is C) $5,400
Answer:
The debit to the retained earning should be $750,000 for this transaction because that is the market value of the asset to be distributed as dividend.
Explanation:
Property dividend is a form of dividend payout that involves distribution of company`s assets to equity holders as a form of return. These assets can be inventory, marketable securities or investment in a subsidiary.
For this distribution to be formal, it must be approved by the board of directors of the company. After approved and declared, the accounting entries can now be passed.
The accounting entries needed are:
Debit: Retained Earnings with the amount of the asset distributed.
Credit: Dividend Payable with the amount of the asset distributed.
It is important to note that the market value of asset to be distributed should be considered i.e the market value of the asset must be recognized in the book. The difference in book value and market value of the investment will be recognized in respective asset ledger account prior transfer to retained earnings.So that the market value of the investment is recognized on the debit side of retained earnings
In the case of Fitzgerald, $750,000 will be debited to retained earnings since it is the market value of the asset to be distributed.
Answer:
a) unemployment rate = 15
b) unemployment rate = 2.5
Explanation:
unemployed people are those who are willing and available to work and have actively been seeking a job in the past four weeks. This accurately describes the 12 people who are willing, able and looking for work but cannot find jobs. To calculate the unemployment rate in percentage, the following formula is used:
Where:
a) Number of unemployed = 12
Labour force = 80 (number of people over 16 years of age)
b) if 10 of the unemployed people get discouraged and give up looking for work, the number of unemployed becomes 2 persons, (12 - 10 = 2).
A credit score is the number that is assigned to the lenders that measure how well they are able to pay a debt. Credit scores are affected by how the previous loans were paid as well the amount of the loan. Late payments, short term loans, and small loans will result to a low credit score.
