In the United States polity, the political party that is likely to wield more regulatory practices over the business is the Democratic party.
<h3>Why should the Democratic Party be more rigorous with regulatory practices over the business?</h3>
The Republican Party is noted for its support of right-wing beliefs such as libertarianism, social conservatism, and economic libertarianism, among others. As a result, Republicans typically advocate for conservative values, little government intervention, and strong support for the private sector.
In contrast, the Democratic Party prefers a mixed economy and typically supports a progressive tax structure, increased minimum wages, Social Security, universal health care, public education, and subsidized housing. It also encourages infrastructure development and sustainable energy investments in order to spur economic growth and employment creation.
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Answer:
Total Current Call Price =$1,668.36
Explanation:
Calculation of Present value of bond's coupon payment that is lost by premature termination of bond:
PV = C / i [1 - 1 / (1 + i)^n]
C = Coupon amount = 1,000 x 8.25% = 82.50 / 2 = 41.25
n = Number of payment period = 13 x 2 = 26
i = Rate of Interest= 7.75 / 2 = 3.875%
PV = 41.25 / 0.03875 [1 - 1 / (1 + 0.03875)^26] = $668.36
Add: Face value = 1,000
Total Current call price = 668.36 + 1,000 = $1,668.36
Answer:
Cash Over and Short
Explanation:
An income statement account that is used to record cash overages and cash shortages arising from petty cash transactions or from errors in making change is titled Cash Over and Short.
By definition, 'Cash Over and Short' is an account within the general ledger of a company in the income statement in which shortages or overages of cash is posted.
At the end of the period, the balance in the account (whether debit or credit) will determine what side of the income statement it will appear.
Answer:
25.55 days
Explanation:
first we must calculate the accounts receivable turnover ratio = net sales / average accounts receivable
net sales = $1,000,000
average accounts receivable ($80,000 + $60,000) / 2 = $70,000
accounts receivable turnover ratio = $1,000,000 / $70,000 = 14.286
average collection period = 365 days / accounts receivable turnover ratio = 365 / 14.286 = 25.55 days
