They are a safety requirement in which if a person gets into a incident for example, in a car crash the person will be safer than just being without protection in the vehicle they are being transported or driving in
Answer:
$2,400
Explanation:
First divide $4,800 by 12 = $400 per month. Since the company paid the insurance premium on July 1, it must recognize $2,400 (= $400 x 6) as insurance expense for the July - December period. The remaining $2,400 must be recorded under the Prepaid Insurance account which is an asset account in the balance sheet.
Answer:
If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3% thereafter, the bond is called a floating-rate bond.
True
The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the INDENTURE.
When are issuers more likely to call an outstanding bond issue?
- When interest rates are lower than they were when the bonds were issued
A bond is basically corporate debt, a lot of IUOs. Imagine that you need money to buy something and since you are in a rush you use your credit card that charges a 15% interest rate. Lets say you spent $5,000, and 15% of that is $750. After things settle down and you are not in a rush anymore, you realize that there are other lending options. So you go to your bank and find out that you can get a 2 year loan at a 6% interest rate. Any reasonable person would get the loan and pay the credit balance in order to save interest charges.
The same happens to corporations that borrow money, but if the interest rate decreases, they will be willing to refinance the old loan that charges a high interest rate with a new loan that charges a lower interest rate.
Answer:
This would be Libel type of defamation.
Explanation:
Defamation of character means a false statement about a person which harms the person's reputation. There are different types of defamation and the person defaming someone can be sued for this act.
Defamation can be done when false statement is published about a person which can be either written or spoken. In case it is a spoken statement, it is called Slander.
Libel is a written false statement. It includes false statement written in print, emails, social media or any type of written article. In the given statement, the defamation is done in the newspaper by mentioning the name. So, it is a Libel.
People often set up different establishment. A club good, such as a movie theater, is excludable and non-rivalrous.
<h3>What are club goods.</h3><h3>
</h3>
- Club goods is commonly referred to as an artificially scarce goods. They are a type of good in economics. They are also grouped as a subtype of public goods that are excludable but non-rivalrous.
That is these goods often reaches a point where congestion takes place. Goods here do show high excludability, and also low rivalry in consumption.
Learn more about goods from
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