Answer:
Since 1947 India has had 14 prime ministers, 15 including Gulzarilal Nanda who twice acted in the role. The first was Jawaharlal Nehru of the Indian National Congress party, who was sworn in on 15 August 1947, when India gained independence from the British Raj.
Answer:
See below
Explanation:
Given the information above, first we need to compute ending balance of account receivables.
Ending balance of account receivables = Beginning balance + Credit sales - Customer's account collected - Write off amount
= $125,000 + $1,400,000 - $1,350,000 - $0
= $175,000
The year end balance in the allowance for uncollectible account would be
= $175,000 × 10%
= $17,500
Now, the bad debt expense
= Year end balance of allowance for uncollectible account - Beginning balance of allowance for doubtful accounts + Written off
= $17,500 - $15,000 + $0
= $2,500
Answer:
b. why, when, and how goods and services should goods be produced?
Explanation:
The three fundamental questions of economics are solving the basic problems faced by economic agents. What to produce? How to produce? Who to produce for?
These questions are pertinent because resources are scarce, but human needs are unlimited. Therefore, one has to choose the best combination of resources to make a production that meets human needs. The timing of production will depend on the perception of needs (demand), so that as man evolves, new demands emerge to improve people's quality of life.
Answer:
B. Spreads the stockholder’s risks across a group of truly diverse businesses.
Explanation:
Diversification is a risk management strategy whereby there is a mix of a wide variety of investments in a portfolio. This limits the exposure to any single type of risk. For example, instead of investing in 3 different hotels in the tourism industry, investing in one hotel in the tourism industry, another business in the healthcare industry and another business in the education industry. That way, if any factor causes a drop in the tourism industry, only one investment would be affected negatively. There would still be profits from the healthcare and education industry. The positive performance of some investments will neutralize the negative performance of others.
ANSWER:
B. A direct deduction from the face amount of the debt.
EXPLANATION:
To define An Unamortised bond you should know the meaning of these terms,
A) A PAR of a bond: this is referred to as the bond's value at maturity. That is the value of a bond when it matures.
B) A bond DISCOUNT refers to the the bond's excess of par value over its selling price. That is the difference between the par value and the amount the bond is sold.
And now an AMORTIZED BOND DISCOUNT is the balance of a bond discount that remains to be amortized by the issuing firm over the bond's life until it matures.
It is the difference between a Bond's value at maturity and the proceeds from the sale of the bond by the issuing company, less the portion that has already been amortized (written off in gradual increments) on the profit and loss statement.
It is usually reported on the balance sheet of the issuer as the Direct deduction from the face amount of the debt.
