The amount of interest revenue that should be recorded for the year ended December 31, 2020 is $20 .
<h3>Interest revenue </h3>
Interest revenue represents how much interest a company earned during a specific time period. This is interest earnings on any investments the business has or debts it has provided to an individual or other entity.
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Answer:
The right answer is B.
Explanation:
The equation is glucose + oxygen ==> carbon dioxide + water and energy is produced in the form of ATP.
Cellular respiration is a complete breakdown of glucose in the presence of oxygen, allowing a total release of its energy.
Glucose is "burned" in the presence of oxygen in the cells of animals and plants.
Breathing releases energy stored in glucose (during photosynthesis). The majority of this energy is transferred to ATP which can be used by all cells.
And the waste of respiration is carbon dioxide and water, which are precisely the raw materials of photosynthesis in chloroplasts (= closed circuit).
Purchasing power parity is basically the value of money in terms of what can be bought irrespective of market or region.
In the current scenario, Starbucks are expected to cost the same whether in Paris or Seattle. What matters here is the exchange rates.
If Starbucks costs $5 in Seattle and 4 Euros in Paris, the exchange rate is,
Exchange rate = Cost in Seattle/ Cost in Paris = $5/4 Euros = $1.25 per Euro or 4 Euros/$5 = 0.8 Euros per dollar. This means that Euro has more value than the dollar.
The correct answer is c.
Answer:
Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.
Explanation:
Old marginal propensity to save = 0.25
Old marginal propensity to consume = 1 - 0.25 = 0.75
Old multiplier = 1 / Old marginal propensity to save = 1 / 0.25 = 4
New marginal propensity to save = 0.20
New marginal propensity to consume = 1 - 0.20 = 0.80
New multiplier = 1 / New marginal propensity to save = 1 / 0.20 = 5
Change in multiplier = New multiplier - Old multiplier = 5 - 4 = 1
Therefore, the decrease in marginal propensity to save (MPS) will increase marginal propensity to consume (MPC) form 0.75 to 0.80 and the multiplier from 4 to 5.
Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.
Answer:
C) Dividing income before interest expense and income taxes by interest expense.
Explanation:
Times interest earned is the interest coverage ratio. This explains how many times a company is able to cover its interest expense as relative to its income.
This is calculated by Dividing income before interest expense and income taxes by the interest incomes. This basically conveys signals about the performance of the company and its solvency by finding a performance measure of how many times a company can pay off its debt obligations.
A higher interest times earned metric means a healthier firm.
Hope that helps.
