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3 years ago

Define default economics.

Business

2 answers:

konstantin123 [22]3 years ago

8 0

Answer:

Default is the failure to repay a debt, including interest or principal, on a loan or security. A default can occur when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments.

Explanation:

o-na [289]3 years ago

5 0

Answer:

the failure to repay a debt

Explanation:

the failure to repay a debt

You might be interested in

Journalize the following merchandise transactions. The company uses the perpetual inventory system.

aliya0001 [1]

Answer:

Accounts Receivable $17,300 (debit)

Cost of Goods Sold $12,600 (debit)

Sales Revenue $17,300 (credit)

Inventory $12,600 (credit)

Cash $15,916 (debit)

Accounts Receivable $15,916 (credit)

Explanation:

The Perpetual Inventory system records the cost of inventory after every sale.

a. Sale of Sold merchandise on account

Recognize the Revenue and Cost of Sale as follows :

Accounts Receivable $17,300 (debit)

Sales Revenue $17,300 (credit)

Cost of Sales $12,600 (debit)

Merchandise $12,600 (credit)

b.Received payment within the discount period

Recognize the Cash receipts to the extend of amount paid less cash discount of 2%

Cash $15,916 (debit)

Accounts Receivable $15,916 (credit)

Cash Receipt = $17,300 × 92% = $15,916

5 0

3 years ago

Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing

pshichka [43]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Each unit requires 0.25 direct labor-hours and direct laborers are paid $14.00 per hour. In addition, the variable manufacturing overhead rate is $1.60 per direct labor-hour. The fixed manufacturing overhead is $95,000 per quarter.

Direct labor per unit= 0.25*14= $3.5

Direct labor equation= 3.5*x

x= units produced

For example:

100 units

Direct labor= 3.5*100= $350

7 0

3 years ago

All of the following assets will be included as intangible assets on the balance sheet exceptA. patents.B. copyrights.C. investm

Damm [24]

Answer:

investments.

Explanation:

Intangible assets are assets that cannot be physically seen. Example of intangible assets are parents, copyrights, goodwill, trademark etc

I hope my answer helps you

4 0

3 years ago

Details of invoices for purchases of merchandise are as follows: Merchandise Freight Terms Returns and Allowances(a) $2,800 $45

Lostsunrise [7]

Answer:

A.$2,619

B.$6,800

C.$839

D.$495

Explanation:

Calculation to Determine the amount to be paid in full settlement of each of the invoices,

a) (2,800-200)*99%+45

=2,600*99%+45

=2,574+45

= $2,619

b) (7,600-800)

= $6,800

c)$1,400 – $600 – $16 + $55

=$784+$55

= $839

d)$500 –$5 = $495

6 0

3 years ago

What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 7 years if the appropriate disco

zvonat [6]

The current value of a zero-coupon bond is $481.658412.

<h3>What is a zero-coupon bond?</h3>

A zero coupon bond (also known as a discount bond or deep discount bond) is one in which the face value is repaid at maturity.
That definition assumes that money has a positive time value.
It does not make periodic interest payments or has so-called coupons, hence the term zero coupon bond.
When the bond matures, the investor receives the par (or face) value.
Zero-coupon bonds include US Treasury bills, US savings bonds, long-term zero-coupon bonds, and any type of coupon bond that has had its coupons removed.
The terms zero coupon and deep discount bonds are used interchangeably.

To find the current value of a zero-coupon bond:

First, divide 11 percent by 100 to get 0.11.

11%/100 = 0.11

Second, add 1 to 0.11 to get 1.11.

1 + 0.11 = 1.11

Third, raise 1.11 to the seventh power to get 2.07616015.

1.11⁷ = 2.07616015

Divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $481.658412.

$1,000/1.2653 = $481.658412

Therefore, the current value of a zero-coupon bond is $481.658412.

Know more about zero-coupon bonds here:

brainly.com/question/19052418

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5 0

2 years ago

Define default economics.​

Define default economics.