Answer:
The extent to which a country has developed may be assessed by considering a range of narrow and broad indicators, including per capita income, life expectancy, education, and the extent of poverty.
Explanation:
thats
indicators of development
Answer:
€905.85
Explanation:
The current price of the bond is its Present Value (PV) this is calculated as follows :
Fv = €1,000
n = 15
Pmt = €1,000 × 6.9% = $69
i = 8%
P/yr = 1
Pv = ?
Using a financial calculator to enter the values as above, the PV is €905.85.
Thus, the current price of the bond is €905.85.
The assembly line was invented in 1901 by Ransom E. Olds. This enabled a much larger production of automobiles.
Answer:
Loans are a source of long-term financing (typically more than a year), whereas the advances are a source of short-term financing
Explanation:
Answer:
Entries are given below
Explanation:
Requirement A.
On January 1, 2020 Carrow purchased held to maturity investment, $60,000 of the 8% 5year bonds of Harrison, Inc for $65,118
Entry DEBIT CREDIT
Held-to-maturity securities $65,118
cash $65,118
Requirement B.
The receipt of semiannual interest and premium amortization
Entry DEBIT CREDIT
cash (60,000 x 8% x 6/12) $2,400
held to maturity sercurities $446
interest revenue(65,118 x.6% x6/12) $1,954