Answer : b. the nominal rate of interest is the real rate of interest plus the rate of inflation; lenders need to raise the nominal rate when inflation increases to maintain their desired real return.
Explanation: Nominal rate = real rate + inflation . Suppose they had an real return of 4% when the inflation was 1% and they charged at credit card rate at 5%. Now if the inflation increases to 2%, the cannot continue to charge 5% since in that case their real return would only be 3%. Hence they will now have to charge 6% to still get their original real rate of 4%
Answer:
$20
Explanation:
The amount of interest accrued = Note amount * Interest rate * Number of months expired till December 31/ 12 months
= $2,000 * 6% * 2/12
= $20.
Thus, the interest accrued = $20
Answer:
a. $24,000
b. $9,000
Explanation:
a. The amount of income or loss from the partnership is limited to the share of the loss rather than its partnership interest
In the given case, the partnership interest is $45,000 and the share of his loss is $24,000
So, $24,000 is reported in his individual income tax return
b. The computation of the Wilson's basis in his partnership interest is shown below:
= Basis in his partnership interest - share of the loss - cash distribution received from the partnership
= $45,000 - $24,000 - $12,000
= $9,000
Answer:
The requirement of question is prepare journal entries for each of above transaction; It is assumed that par value of each share is $1
Explanation:
Feb 1.
Common Stocks 230*1 Dr.$230
Paid in capital in excess of par 230*(22-1) Dr.$4,830
Cash 230*22 Cr.$5,060
b. Jul 15
Cash 130*23 Dr.$ 2,990
Common Stocks 130*1 Cr.$130
Paid in capital in excess of par 130*(23-1) Cr.$2,860
c.Oct 1
Cash 100*21 Dr.$2,100
Common Stocks 100*1 Cr.$100
Paid in Capital in excess of par 100*(21-1) Cr.$2,000
Answer:
The answer options to this question would be the following:
a) communication and orders
b) promotional mix
c) banners
d) content marketing
The correct answer is d) content marketing.
Explanation:
Content marketing is a marketing technique that is based on the generation of different content around a brand. The purpose of content marketing is to attract and retain those potential customers through relevant and valuable content.
Thanks to this marketing technique you can work the entire cycle of the user's purchase. In other words, the process a person goes through from the moment they realize they have a need until they decide to buy a product / service to solve it.
