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3 years ago

14

One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the

national debt held in recent years by foreigners is approximately:

2 answers:

Gemiola [76]3 years ago

8 0

Answer:

26.70 trillion

Explanation:

kifflom [539]3 years ago

4 0

Answer:

30 percent

Explanation:

I know it sounds sketchy but i myself just took this test a few days ago

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Which of the following statements will an auditor most likely add to the negative from of confirmations of accounts receivable t

MrRissso [65]

Answer:

The correct answer is letter "C": "If you do not report any differences with 15 days, it will be assumed that this statement is correct".

Explanation:

Accounts Receivable, or AR, is an accounting term used to refer to the money that is owed to a company by its customers. The customers, who may be individuals or corporations, are the debtors since they owe money for the goods or services provided by the company. When the product is sold in credit the company sets a number of days so that the customer can pay the bill amount. The term usually is 30, 60 or 90 days.

In that sense, and auditor may find 15 days suitable for a debtor for report changes in a statement, otherwise, it is considered as correct.

7 0

3 years ago

Comparing Bonds Issued at Par, at a Discount, and at a Premium (AP10-2) On January 1 of this year, Barnett Corporation sold bond

uysha [10]

Answer:

a) 500,000 // 466,450 // 536,800 //

b) 35,000 // 37,316 // 32,208

c) 35,000 // 35,000 // 35,000

d) 500,000 // 500,000 // 500,000

Explanation:

<em>We should discount the bond coupon payment and maturity for the given discount rates of 6% 7% and 8%</em>

<em />

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 35,000.00

time 10

rate 0.06

$35000 \times \frac{1-(1+0.06)^{-10} }{0.06} = PV\\$

PV $257,603.0468

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 500,000.00

time 10.00

rate 0.06

$\frac{500000}{(1 + 0.06)^{10} } = PV$

PV 279,197.39

PV c $257,603.0468

PV m $279,197.3885

Total $536,800.4353

<u>interest expense: </u>

536,800 x 0.06 = 32,208

<u>When coupon and market rate are the same 7% face value and issuance is the same.</u>

<u>When market rate is 8%</u>

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 35,000.00

time 10

rate 0.08

$35000 \times \frac{1-(1+0.08)^{-10} }{0.08} = PV\\$

PV $234,852.8490

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 500,000.00

time 10.00

rate 0.08

$\frac{500000}{(1 + 0.08)^{10} } = PV$

PV 231,596.74

PV c $234,852.8490

PV m $231,596.7440

Total $466,449.5930

<u>interest expense: </u>

466,450 x 0.08 = 37.316‬

<em>The cash payment are indifirent to the maket rate what the market rate does is change the perception of the market. ower rate increase the price while higher rate decrease the price.</em>

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4 years ago

One side is usually more powerful than the other when a contract is being negotiated.

Licemer1 [7]

I think it’s B.False

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4 years ago

The budget deficit increases during wars and recessions. <br> a. True <br> b. False

aleksklad [387]

A increase during wars

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3 years ago

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How much of a good is offered for a sale at a specific price?

Sindrei [870]

It is indeed quantity supplied and the economists define it as the amount of a good that sellers are willing to sell and are able to sell. One of the movements related to the quantity supplied syas that when there are rising prices then there are new firms into a market and add to the quantity supplied of a good. Quantity supplied can be measured with a Market supply curve or the <span>Elasticity of supply.</span>

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3 years ago

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