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iVinArrow [24]
2 years ago
8

Find a company that has dramatically turned around its fortunes and improved its performance.

Business
1 answer:
Wewaii [24]2 years ago
5 0

Answer:

Qatar complex

Explanation:

it is a good comany

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nformation taken from a Sears, Roebuck and Company annual report follows. December 31 Long-Term Debt ($ in millions) Year 2 Year
cestrela7 [59]

Answer:

The interest expense company recorded during Year 2 on the 7% debentures is $27,535,600

Explanation:

As the interest expense is different from the interest payment made on the debenture. It also includes some other costs. Effective interest rate includes the effects of all related costs of debentures. So the interest expense of a debenture will base the effective interest rate of the debenture.

We can calculate the Interest expense on 7% debtures as below

Interest Expense = Value of Debenture x Effective interest rate

Interest Expense = $188,600,000 x 14.6%

Interest Expense = $27,535,600

5 0
3 years ago
when banker expects a rise in interest rates in the fututre then the best strategy for the present is
oksano4ka [1.4K]

Answer:

Increase duration of the bank assets

Explanation:

Because When the duration of assets is longer than the duration of liabilities, this allows for a the duration gap is positive. And so even if interest rates rise, assets will lose more value than liabilities, hence reducing the value of the firm's equity.

7 0
3 years ago
You recently were hired as a front line debt collection agent for a debt collection service in Michigan. Your boss assigns you t
____ [38]

Answer:

need

Explanation:

3 0
2 years ago
An increase in the price of bread produced domestically will be reflected in:
Zina [86]

The increase will reflect in the GDP deflator and the Consumer price index.

The GDP Deflator is used to measure the level of prices of all new and domestically produced goods and services in an economy.

  • So, when there is an increase in price, the nominal GDP (Increased), so the GDP deflator Increased as well.

.

Consumer Price index is used to measure the inflated price of goods and services which are faced by all consumer households.

  • So, when there is an increase in price, there is change in CPI .

Read more on this here

<em>brainly.com/question/14868990</em>

3 0
2 years ago
On September 1, Vicario, Inc., borrows $100,000 from First National Bank at 6 percent annual interest. This note is due in 90 da
Tomtit [17]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $100,000            

     To Notes payable A/c $100,000        

(Being the issuance of the note payable is recorded)

For recording this transaction, we debited the cash account as it increases the asset and credited the note payable account as it also increases the liabilities account    

5 0
3 years ago
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