Answer:
The right solution is "$20.733.16".
Explanation:
According to the question,
Face value,
= $20000
Rate (r),
= .035
Bond A:
= 
= 
=  ($)
 ($)
Bond B:
= 
= 
=  ($)
 ($)
 
        
             
        
        
        
Answer:
The correct answer is B
Explanation:
The journal entry to record the sale of the subscription is as:
Cash A/c.............................................................Dr       $600,000
    To Unearned Subscription Revenue A/c..........Cr      $600,000
As company made a sale of the subscription, so cash is received from sale therefore any increase in asset is debited. So, the cash account is debited. And the unearned subscription revenue is credited because cash is received against subscription sale.
 
        
             
        
        
        
Answer:
a. $45 billion.
Explanation:
The aggregate expenditures must have fallen by = 0.75*$65 billion
                                                                                    = $45 billion
Therefore, The aggregate expenditures must have fallen by $45 billion.