Answer:
Interest paid in cash in 2018 = $0
Interest recognized on the Income statement = $1,800
Liabilities recognized = $90,000
Amount paid for Principal and interest = $93,600
Interest reported on 2019 Income statement = 1800
Explanation:
Interest paid in cash in 2018 is zero because interest and principal were paid in cash on the maturity date.
Interest recognized in 2018 = 90000*0.08*3/12 = $1800
liabilities are recognized at original amount because the interest is not capitalized and no payment made thus far.
Amount paid on maturity date is 93,600 ( 90000 principal, 3600 interest)
interest reported is for three months jan - march
E. Objectional plan is the answer
My answer would be C ''Foreign Exchange Rate''.
Answer:
because they are fun and if you get distracted you don't want to finish what you are doing
Answer:
'Government Expenditure' not 'Government' is a component of GD[
Explanation:
GDP is the total value of goods & services produced in an economy during an year.
As per Expenditure method :
- It is calculated as 'expenditure' done by all sectors of economy as "<em>one person expenditure is other person income</em>".
- 4 sectors are : households , firms, government ,rest of the world.
- Their respective demand expenditures are : Private Final Consumption Expenditure , Government Final Consumption Expenditure, Investment (Gross domestic Capital Formation) , Net Exports.
