The main point or position of Jonas is that savings should be kept in an account due to the costs associated with this. In this context, the only argument that refutes Jonas' position and it is directly related to the main point of Jonas is "Money is safer in the bank" because even if keeping savings in a bank requires to pay fees this guarantees the money will be safe, which does not occur if Jonas keeps his savings at home. Moreover, the safety factor makes the option of the bank better, which refutes Jonas position.

3 0

3 years ago

A mortgage is a legal agreement between a borrower and a

djyliett [7]

Lender
which is usually the bank

7 0

3 years ago

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A semi-annual coupon bond has MacD of 26.7 years, yield-to-maturity of 4.2%, and price of $1189.29. What is its DV01? Answer in

Drupady [299]

Answer:

92+

Explanation:

3 0

3 years ago

On January 1, 2018, David Mest Communications granted restricted stock units (RSUs) representing 25 million of its $1 par common

natima [27]

Answer:

See the explanation below.

Explanation:

Total compensation expenses = 25 million * 15 = $375 million

1. On December 31, 2018.

Compensation expenses = $375 million / 3 = $125 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 125

Paid-in Capital - Restricted stock 125

To record the compensation expenses for 2018.

2. On December 31, 2019.

Compensation expenses = [$375 million * 96% * (2/3)] - $125 million = $115 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 115

Paid-in Capital - Restricted stock 115

To record the compensation expenses for 2019.

3. On December 31, 2020.

Compensation expenses = ($375 million * 96%) - $125 million - $115 million = $120 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 120

Paid-in Capital - Restricted stock 120

To record the compensation expenses for 2020.

5 0

3 years ago