Answer:
more than 4% but less than 6%
Explanation:
Given that the new quotes for a 4% bond trading in the secondary market are higher than 4% which is actually a 6% basis, thus, it is expected that the customer's yield to be greater than the initial 4%. However, given that, we are looking for the customer's yield after-tax, then the net customer's yield will be less than 6%.
Therefore, the right answer is that the customer's yield will be MORE THAN 4% but LES THAN 6%.
Answer:
a. True
Explanation:
Based on the information given the required adjusting journal entry will includes a $4,000 DEBIT TO UNEARNED REVENUE reason been that we were told that the company carried out 20 days of work out of 30-day contract before the end of the year which means that the company has earned an UNEARNED REVENUE by the end of the year of the amount of $4,000 calculated as ($6,000 * 20 days /30 days) which is why the adjusting Journal entry would includes a $4,000 DEBIT TO UNEARNED REVENUE.
Milton and phelps argued with the concept of phillips curve because it cannot work in the long run to become aware of aggregate demand and supply.
Government could not trade higher priced goods for lower employment. The phillips curve could accurately guide policy and procedure makers in short run or for a short period of time. This cause a relative negative relation between rate of employment and wage labor curve.
It is argued by the two economists when the nominal rates and wages were adjusted finally. It also states inverse relationship between the various curves operating respect in the economy. It is a upward rising curve.
To learn more about phillips curve here,
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Answer:
B. is equal to the nominal interest rate minus the inflation rate
(II) 3.4% simplify method
3.317% fisher formula
Explanation:
5.9 - 2.5 = 3.4 real rate
or using fisher formula
1.059/1.025 - 1= 3.317 real rate
Answer:
Explanation:
Schedule of expected cash collection is a form of budgeted that list the time frames and the amount of payment expected from customers for the purpose of efficient planning.
Account receivables
60% * October sales = 67,000
November sales
40% * 320000 (November sales) = $128,000
$195000
December cash collection
60%*320000 (November sales) = 192000
40%*330000 (December sales)= $132000
$324,000
