Explanation:
A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
Answer:
Current value = $550
Explanation:
You can solve this question using a financial calculator. I am using (Texas Instruments BA II plus)
First, since it is Semiannual coupon, adjust the interest rate to semi-annual rate and multiply 15 years by 2 since we have 2 semi annual periods per year.
<em>Note: If using the same calculator as me, key in the numbers first before the function .</em>
Total duration of investment ;N = 15 * 2 = 30
Interest rate; I/Y = 16% / 2 = 8%
Face value; FV = 1000
Semi annual Coupon Payment ; PMT = (8%/2)*1000 = 40
then CPT PV = $549.689
Therefore the current value of this bond is $550 (rounded to whole number.)
Answer:
A column for showing the balance of the account after each entry is posted.
Explanation:
The balance column in a ledger account would represent the debit and credit columns amount for recording and posting entries and the other column represent the account balance after each entry is passed or recorded
Therefore the above represent the answer
Answer:
A. profit.
Explanation:
We know,
Net Income (profit) = Sales revenue - the cost of goods sold and operating expenses
Here,
The Ice Cream shop made $100,000 on sales revenue. However, the expenses of the shop include supplies and factory space, i.e., rent expense is $75,000.
Therefore, Net Income (profit) = $100,000 - $75,000 = $25,000
Since the sales revenue exceeds the expenses, the company gets a profit. So, <em>option A</em> is the answer.
