The Supply and Demand for broccoli are described by the following equations:
Supply: Qs = 5P – 80
Demand: Qd = 40 – P
Q is in bushels, and P is in dollars per bushel.
a. What is the equilibrium price and quantity?
b. Calculate consumer surplus, producer surplus, and total surplus at the equilibrium.
c. If a dictator who hated broccoli were to ban the vegetable, who would bear the larger burden – the buyers or sellers of broccoli?
Answers
The equilibrium price and quantity for broccoli are $10 per bushel and 30 bushels, respectively. The consumer surplus is $450, the producer surplus is $120, and the total surplus is $570.
a. The equilibrium price and quantity occur where the quantity demanded equals the quantity supplied, i.e., Qd = Qs. Substituting the given equations, we get:
40 – P = 5P – 80
Solving for P, we get P = $10 per bushel. Substituting this price back into either equation to find the equilibrium quantity, we get:
Q = Qd = Qs = 40 – 10 = 30 bushels.
Therefore, the equilibrium price and quantity for broccoli are $10 per bushel and 30 bushels, respectively.
b. Consumer surplus is the difference between the maximum price consumers are willing to pay for a good and the actual price they pay. In this case, the maximum price consumers are willing to pay is $40 per bushel (when Qd = 0). At the equilibrium price of $10 per bushel, consumers pay $30 less than their maximum willingness to pay, resulting in a consumer surplus of:
CS = (1/2) x (40 - 10) x 30 = $450
Producer surplus is the difference between the actual price received by producers and the minimum price they are willing to accept. The minimum price that producers are willing to accept is $2 per bushel (when Qs = 0). At the equilibrium price of $10 per bushel, producers receive $8 more than their minimum willingness to accept, resulting in a producer surplus of:
PS = (1/2) x (10 - 2) x 30 = $120
Total surplus is the sum of consumer and producer surplus, which in this case is:
TS = CS + PS = $570
c. If a dictator were to ban broccoli, the supply curve would shift leftward to Qs = 0, and there would be no production of broccoli. As a result, buyers and sellers of broccoli would both be worse off, but the magnitude of the loss would depend on the relative price elasticities of demand and supply.
If demand for broccoli is relatively inelastic, i.e., the percentage change in quantity demanded is less than the percentage change in price, buyers would bear a larger burden. This is because buyers would have to pay a higher price for alternative goods, whereas sellers could shift their resources to produce those alternative goods and benefit from higher prices.
If supply is relatively inelastic, i.e., the percentage change in quantity supplied is less than the percentage change in price, sellers would bear a larger burden. This is because sellers would face higher production costs for alternative goods, whereas buyers could switch to those alternative goods and pay a lower price.
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Related Questions
MORE FREE PINTS! IT'S CLEARANCE SALE!! FLAG QUESTION WHEN YOU'RE DONE!!!
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Answer:
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
the journal entry for the direct write-off method indubey companies incorporated reported the following accounts and amounts (in millions) in its financial statements for the year ended november 30, 2018. accounts payable$ 920 accounts receivable1,040 accumulated amortization580 accumulated depreciation1,210 allowance for doubtful accounts30 cash and cash equivalents1,110 common stock550 deferred revenue2,140 equipment8,330 income taxes payable 30 notes payable (long-term)3,470 notes receivable (long-term)330 prepaid rent350 retained earnings7,970 service revenue570 short-term investments4,750 software 990 required: prepare a classified balance sheet. the allowance for doubtful accounts relates entirely to accounts receivable. (one of the accounts does not belong on the balance sheet.) (enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
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The direct write-off method waits until an account is determined to be uncollectable earlier than it “write's off” the account.
To “write off” an account underneath this technique we use the following journal entry: DR: Bad Debt Expense (for the amount uncollectible). CR: Accounts Receivable (for the quantity uncollectible).
What is a write-off journal entry?The direct write-off technique is a easy process, where you would report a journal entry to debit your horrific debt account for the terrible debt and savings your bills receivable account for the same amount.
When the direct write-off approach is used the entry to write-off a client account would?The entry to write off the awful account under the direct write-off technique is: Debit Bad Debts Expense (to record the quantity of the loss on the company's earnings statement) Credit Accounts Receivable (to cast off the quantity that will now not be collected)
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https://brainly.com/question/25779348#SPJ4Whose permission do you need to write or arrange pieces that are Traditional or in the Public Domain? I said copyright owner but my teacher says I’m wrong
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Answer:
Explanation:
She's right, but you have a nice thought. It is always a good idea to try to give credit where credit is due.
Public Domain refers to written material that no one has a lien on. No one owns the copywrite. No one holds any claim on the material at all. So there is no need to try and get permission because no one is listed to get the permission from.
If you have a cell phone that does just about everything but make coffee in the morning, you can download an app called free books. Some are very good. They are all in public domain.
texas defensive driving course for ticket dismissal
Answers
In Texas, taking a defensive driving course can, in fact, erase a ticket from your record. However, you will still have to pay the ticket fees and any costs incurred at the court.
What exactly is Defensive Driving Course?Defensive driving classes are definitely well worth the money. Drivers gain a fresh perspective on the road through defensive driving classes. They assist motorists in anticipating potentially hazardous situations. Drivers who drive defensively are able to identify and curb other drivers' risky behavior.
The following are the three fundamentals of defensive driving: Always put safety first. The most fundamental part of everything is: to show respect or just be nice to people. taking care of your vehicle properly.
Keep your hands on the wheel, wear your seatbelt, look out for reckless drivers, and use your mirrors to stay aware of what's going on around you.
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BUSINESS 1. Explain five advantages a firm would enjoy by engaging in prize winning competition as a method of sales promotion.
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Answer:
I hope my answer is good!
1- Increased brand awareness: Prize-winning competitions can generate a lot of buzz and excitement, which can lead to increased brand awareness and visibility for the company.
2- Increased sales: By offering a prize, companies can incentivize customers to purchase their products or services, resulting in increased sales.
3- Customer engagement: Prize-winning competitions can also help companies to engage with their customers, as they are more likely to participate in the competition if there is a chance to win a prize.
4- Cost-effective: Prize-winning competitions can be a cost-effective way for companies to promote their products or services, as the cost of the prizes can be less than the cost of traditional forms of advertising.
5- Consumer data collection: Prize-winning competitions can also help companies collect valuable data on their customers, such as contact information, demographic information, and purchasing habits.
Answer: creates new things
Explanation:
creates word of mouth
creates a reason to ,creates a focused marketing approach, creates great revenue, creates a source of information
3. Of the following provisions that might be found in a bond indenture, which would tend to reduce the coupon interest rate on the bond in question?
a
A subordination clause in a debenture.
b
A call provision.
c
A convertible feature.
d
Having relatively few restrictive covenants.
e.
All of the above.
Answers
The bond in question's coupon interest rate would typically be reduced by a convertible feature.
Define the term "convertible feature"?An asset that can be changed by the shareholder into common stock is known as a convertible, which can be a bond, preference share, or other type of financial instrument. Convertible securities aren't considered to be either debt or equity; rather, they're viewed as a cross between the two groups because they have the cash flow characteristics of both bonds and stocks.
What distinguishes a convertible bond from other bonds?An investment that may be converted into a predetermined number of shares of common stock is known as a convertible bond. It pays fixed-income interest payments. During the bond's term, the bond can be converted into stock at precise points at the bondholder's option.
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A general rule in investing is to buy high, sell high
1) true
2) false
Answers
Answer:
Im pretty sure the answer is false
Explanation:
this is because when investing you want to get as much money as possible so you would buy it super cheap and sell it high
which points of the production possibilities curve show a level of production that would be achievable only through further growth in the company
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network that covers entire geographical regions is most commonly referred to as a(n): O A. peer-to-peer network. OB. intranet. O c. wide area network. OD. local area network. O E. metropolitan area network.
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Network that covers entire geographical regions is most commonly referred to as a(n) c. wide area network.
In the field of computer studies, a wide area network can be described as such a type of network that is present over a long geographical region. A wide area network is common to many geographical regions and is shared between them.
For example, a wide area network is the internet. The internet is present in many geographical regions of the world and people can communicate with each other via the internet. Files can also be transferred via the internet.
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A market research analyst claims that 32% of the people who visit the mall actually make a purchase. You think that less than 32% buy something and decide to test the claim. You stand by the exit door of the mall starting at noon and ask 82 people as they are leaving whether they bought anything. You find that only 20 people made a purchase.
Answers
We find that only 20 people made a purchase, so the value of the test statistic is about -1.48.
The test statistic is t = X - u/σ/√n. In which n is the sample size, X is the sample mean, is the anticipated value, σ is the standard deviation, and
According to a market research analyst, 32% of visitors to the mall actually make a purchase. This means that: u = 0.32, so, σ = √ 0.32 x 0.68 = 0.4665.
Starting around midday, you stand outside the mall's exit entrance and inquire of 82 customers as they leave about their purchases. You discover that barely 20 people bought anything. This means that n = 82, X = 20/82 = 0.2439.
The value of the test statistic is about: t = 0.2439 - 0.32 / 0.4665/√82 = -1.48. So, the value of the test statistic is will be near -1.48.
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An airline knows from experience that the distribution of the number of suitcases that get lost each week on a certain route is approximately normal with μ=15.5 and σ=3.6. What percentage of weeks does the airline will lose less than 20 suitcases?
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To find the percentage of weeks when the airline loses less than 20 suitcases, we need to calculate the cumulative probability up to the value of 20 from a normal distribution with a mean (μ) of 15.5 and a standard deviation (σ) of 3.6.
Step 1: Standardize the value of 20 using the z-score formula:
z = (x - μ) / σ
where x is the value (20), μ is the mean (15.5), and σ is the standard deviation (3.6).
z = (20 - 15.5) / 3.6 ≈ 1.25
Step 2: Find the cumulative probability (P) corresponding to the calculated z-score. This can be done using a standard normal distribution table or a calculator.
Using a standard normal distribution table or a calculator, we find that the cumulative probability corresponding to a z-score of 1.25 is approximately 0.8944.
Step 3: Convert the cumulative probability to a percentage by multiplying by 100:
Percentage = P * 100 = 0.8944 * 100 ≈ 89.44%
Therefore, approximately 89.44% of weeks does the airline lose less than 20 suitcases on the given route.
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If copyrights are a​ 'tax' on​ readers, governments provide a legal framework to enforce them because
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If copyrights are a 'tax' on readers, governments provide a legal framework to enforce them because copyrights are a form of intellectual property that grant exclusive rights to authors and creators of original works, such as books, music, and movies.
By enforcing copyrights, governments can protect the economic interests of creators and encourage the production of new works, which can have positive effects on cultural and economic development. Copyright laws provide a legal framework that helps to ensure that creators can profit from their works and that they have control over how their works are used and distributed.Without copyright laws and enforcement, creators would have little incentive to produce original works, as they would be at risk of having their works stolen or copied without compensation. This could lead to a reduction in the overall quality and quantity of creative works, which could have negative consequences for cultural and economic development.Overall, while copyrights may be viewed as a 'tax' on readers, they are an important tool for encouraging creativity and innovation, and governments play a crucial role in providing the legal framework to enforce them.
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Which career is likely to earn the highest salary?
a) Hairdresser
b)Dentist
c)News Anchor
d)Flight attendant
Answers
Answer:
b.) Dentist
Explanation:
Hope it helps!
Saraya Inc. provides its employees two weeks of paid vacation per year. As of December 31, 65 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these employees is €475, what is the required journal entry at the end of the year? A. Debit Salaries and Wages Expense for €61,750 and credit Salaries and Wages Payable for €61,750 B. Debit Salaries and Wages Payable for €123,000 and credit Salaries and Wages Expense for €123,000 C. No entry is required D. Debit Salaries and Wages Expense for €123,500 and credit Salaries and Wages Payable for €123,500
Answers
The required journal entry at the end of the year for Saraya Inc. would be "B: Debit Salaries and Wages Payable for €123,000 and credit Salaries and Wages Expense for €123,000".
The employees have earned two weeks of vacation time, which represents an accrued liability for Saraya Inc. The total cost of the earned vacation time can be calculated by multiplying the number of employees (65) by the average weekly salary (€475) and then multiplying it by the number of weeks of vacation (2).
Calculation: 65 employees * €475 average weekly salary * 2 weeks of vacation = €61,750
Since the vacation time will be taken in the following year, the entry should be recorded as a liability. Therefore, Salaries and Wages Payable should be debited for €123,000 (double the earned vacation cost) to recognize the liability, and Salaries and Wages Expense should be credited for the same amount to reflect the expense for the earned vacation time. This represents the correct journal entry for Saraya Inc. at the end of the year.
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1.) Select which part of the expenditures approach of calculating the GDP is being described: All private consumption in a nation's economy is part of this expenditures approach for calculating the GDP.
sum of all the country's businesses spending on capital
gross imports
consumer spending
sum of government spending
gross exports
2.)Select which part of the expenditures approach of calculating the GDP is being described: Purchase of weapons for the military is part of this expenditures approach for calculating the GDP.
consumer spending
gross imports
sum of all the country's businesses spending on capital
gross exports
sum of government spending
Answers
Answer:
Selection of the part of the expenditures approach of calculating the GDP is being described:
1. All private consumption in a nation's economy is part of this expenditures approach for calculating the GDP.
=
consumer spending
2. Purchase of weapons for the military is part of this expenditures approach for calculating the GDP.
=
sum of government spending
Explanation:
The expenditures approach to Gross Domestic Product (GDP) is calculated as consumption + investment + government expenditure + exports – imports. Consumption refers to the consumer spending while Investment refers to the sum of all the country's businesses spending on capital.
Private consumption is part of the consumer spending when using the expenditures approach for calculating the GDP.
Purchase of weapons for the military is part of government spending.
What is the expenditures approach?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households on durable and non durable goods + Investment spending by businesses + Government spending + Net export
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Sidise Co. produces computers, which sell for $400 each. A foreign distribution wants to order 1,000 computers at $300 each. Production costs per unit at capacity of 30,000 units are: Direct materials $90 Direct labor 120 Variable overhead 50 Fixed overhead 60 Required A. How much is the relevant cost of producing one more computer? B. What is the effect on profit of accepting the special order?
Answers
The relevant variable cost per unit is $260
The relevant cost of producing 1,000 units is $260,000
How to solveA. The relevant cost of producing one more computer can be calculated by adding up the relevant variable costs, which are the costs that will change with the decision to produce one more computer. In this case, the relevant variable costs are the direct materials, direct labor, and variable overhead.
Relevant variable cost per unit = Direct materials + Direct labor + Variable overhead
= $90 + $120 + $50
= $260
Therefore, the relevant cost of producing one more computer is $260.
B. To determine the effect on profit of accepting the special order, we need to calculate the incremental profit, which is the difference between the revenue from the special order and the relevant cost of producing the additional units.
Revenue from special order = 1,000 x $300 = $300,000
Relevant cost of producing 1,000 units = 1,000 x $260 = $260,000
Incremental profit = Revenue - Relevant cost = $300,000 - $260,000 = $40,000
Therefore, accepting the special order would increase the profit of the company by $40,000.
However, it's important to note that accepting the special order may have other implications, such as the potential impact on the company's reputation, long-term profitability, and relationships with other customers.
These factors should also be considered before making a decision.
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In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in?
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In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in cash.
What is cash in a bank in accounting?Cash in Bank refers to the current balance in checking or savings accounts or other accounts of a similar nature held in the name of the company or business requesting the certificate. Do not include amounts from personal bank accounts or retirement accounts.Every month, the bank will normally send the account holder an official bank statement that lists all of the transactions that occurred on the account that month. Account information can be found on bank statements, including account numbers and a thorough list of deposits and withdrawals.There are three different forms of accounting transactions based on the exchange of money: cash transactions, non-cash transactions, and credit transactions.In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in cash.
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Camilla works as a data entry specialist in the local government offices. The government office is trying to update by getting rid of all paper records, which is where Camilla comes in. What is one task that Camilla might have as part of her job?
Answers
Camilla would either have to scan the documents online or she would have to copy the information contained in it online
What would Camilla do to keep the recordsAs a data entry specialist, one task that Camilla might have as part of her job is to input data from paper records into a digital database. This could involve typing information such as names, addresses, birth dates, and other relevant details into a computer program or spreadsheet.
Camilla might also need to ensure the accuracy and completeness of the data by cross-checking it with other records and verifying information with relevant parties, such as clients or other government agencies. Additionally, she may be responsible for organizing and maintaining the digital records to ensure they are easily accessible and searchable for future reference.
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the sarbanes-oxley act requires companies to . answer unselected state policies for protecting e-commerce sales unselected divide responsibilities between two or more individuals unselected have all documents maintained in an electronic format unselected conduct a review of internal controls and take responsibility for the accuracy and completeness of their financial reports
Answers
"The Sarbanes-Oxley Act requires companies to conduct a review of internal controls and take responsibility for the accuracy and completeness of their financial reports." Thus, Option D is correct.
The Sarbanes-Oxley Act (SOX) is a federal law enacted in 2002 to prevent corporate fraud and improve transparency and accountability in financial reporting. SOX requires companies to establish and maintain internal controls over financial reporting, which are policies and procedures designed to ensure the accuracy and completeness of financial information.
Companies must assess the effectiveness of their internal controls and report any deficiencies to the public. SOX also mandates that top executives of public companies certify the accuracy of financial reports and assume personal responsibility for any errors or omissions.
The goal of SOX is to promote investor confidence and protect shareholders from fraudulent or misleading financial statements. Thus, Option D is correct.
This question should be provided as:
The Sarbanes-Oxley Act requires companies to _________.
A. state policies for protecting E-Commerce salesb. divide responsibilities between two or more individuals c. have all documents maintained in an electronic format d. conduct a review of internal controls and take responsibility for the accuracy and completeness of their financial reportsLearn more about Sarbanes-Oxley Act https://brainly.com/question/17189706
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how is the portion of consolidated earnings to be assigned to the non-controlling interest in consolidated financial statements determined? a.The net income of the parent is subtracted from the subsidiary's net income to determine the non-controlling interest.b.The subsidiary's net income is extended to the non-controlling interest.c.The amount of the subsidiary's earnings is multiplied by the non-controlling's percentage ownership and isadjusted for the excess cost amortization applicable to the NCI.d.The amount of consolidated earnings determined on the consolidated working papers is multiplied by thenon-controlling interest percentage at the balance-sheet date.
Answers
The portion of consolidated earnings to be assigned to the non-controlling interest in consolidated financial statements is determined by using option C.
The non-controlling interest in a subsidiary represents the portion of the subsidiary that is not owned by the parent company. Therefore, the parent company only owns a portion of the subsidiary's net income, while the remaining portion belongs to the non-controlling interest.
To determine the portion of consolidated earnings that belongs to the non-controlling interest, the subsidiary's net income is multiplied by the non-controlling interest percentage ownership.
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(2.04) Which type of market has the least competition?
a) Oligopoly
b) Monopoly
c) Pure competition
d) Monopolistic competition
Answers
The type of market that has the least competition is B. Monopoly.
What happens in a monopoly?A monopoly sets its own price rather than accepting the market price as given. In order to make the most profit feasible, it chooses from its demand curve the price that corresponds to the quantity the firm has decided to produce. the establishment of new businesses.
A single seller of commodities is created in a monopoly market by variables such as a government license, resource ownership, copyright, patent, and high entry costs. These characteristics collectively prevent other sellers from entering the market. Monopolies also have access to information that other merchants do not.
Monopolies are typically highly profitable when there is no significant competition. While businesses compete constantly to gain market share, obtaining actual monopoly status is difficult.
This shows that monopolies have the least amount of competition in them, with a single firm basically controlling the market.
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floyd's income statement for the current year showed operating profits of $45,000, and his balance sheet showed total assets of $300,000. his return on assets is percent. a. 15 b. 12 c. 6 d. 30
Answers
Floyd's return on assets is 15 percent.
What is a return on assets?Return on assets is described as a ratio that highlights the profitability of a company concerning the assets of the company. It is important to mention that the return on investment can be used effectively to determine how assets can be used to make a profit. The return on investment is represented in the form of a percentage.
Given that,
Operating profits or the net income of Floyd = $45,000
Total assets in the balance sheet = $300,000
According to the formula,
Return on investment = (net income/total assets) x 100 = (45,000/300,00) x 100 = 0.15 x100 = 15%
It can be concluded that Floyd's return on assets is 15 percent.
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True or False - Inflation must be considered when planning for retirement
Answers
True - Inflation should be considered when planning for retirement. Inflation is the increase in the general level of prices of goods and services over a period of time.
The effects of inflation can be significant, especially over the long term, and can erode the purchasing power of savings and investments. This means that the same amount of money will buy fewer goods and services over time, leading to a decrease in the standard of living. When planning for retirement, it is important to consider the effects of inflation on the cost of living and the need for a retirement savings plan that will keep pace with inflation. Failure to account for inflation in retirement planning could result in a shortfall in savings, leading to a reduced standard of living during retirement.
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3.08 free trade and barriers
Pls help
Answers
Free trade is a policy in which countries allow goods and services to move freely across borders without tariffs, quotas, or other barriers to trade.
Why do people argue for free trade ?Proponents of unrestricted commercial activity contend that it stimulates economic expansion, increases effectiveness, and lowers the prices for buyers. They acknowledge that permitting nations to concentrate on producing goods and services they can manufacture with maximum proficiency will heighten productivity and advance the standard of living.
Those who are in opposition to unrestrained trade claim that it precipitates unemployment, most notably within industries that cannot compete globally. They also assert that free trade causes environmental dilapidation and amplified inequity, specifically affecting developing countries, which may lack the means necessary to contest fairly.
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.As part of instituting an empowerment program, a marketing director should:
a. hire college graduates who have the latest training in marketing management techniques
b. create a customer service department and place a key staff person in charge of the department
c. train the company's staff to judge the quality of the products the firm produces
d. allow non-management employees to resolve problems on their own without prior approval from their immediate supervisors
e. conduct a survey of the company's marketing staff to learn about employee morale
Answers
As part of instituting an empowerment program, a marketing director should allow non-management employees to resolve problems on their own without prior approval from their immediate supervisors. So, the correct option is d.
Empowering non-management employees to resolve problems on their own without prior approval from their immediate supervisors is an essential step for instituting an empowerment program. This approach encourages autonomy, decision-making, and responsibility among employees, fostering a culture of empowerment within the organization.
By granting non-management employees the authority to resolve problems independently, the organization promotes a sense of ownership and accountability among its workforce. It allows employees to take initiative, make timely decisions, and address issues promptly without being overly reliant on their supervisors. This not only improves efficiency but also boosts employee morale and satisfaction, as they feel trusted and valued within the organization.
Implementing this aspect of empowerment requires clear communication of expectations, providing employees with the necessary resources and training to handle various situations, and establishing guidelines or frameworks for decision-making. It is crucial to strike a balance between autonomy and accountability, ensuring that employees understand the boundaries and responsibilities associated with their decision-making authority. Regular feedback and support should also be provided to help employees grow and learn from their experiences. Overall, empowering employees in this manner can lead to increased productivity, innovation, and a more engaged workforce.
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Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
Answers
On January 1, Year 1, Purl Corp. purchased as a long-term investment $500,000 face amount of Shaw, Inc.’s 8% bonds for $456,200. The bonds were purchased to yield 10% interest. The bonds mature on January 1, Year 6, and pay interest annually on January 1. Purl uses the effective interest method of amortization. What amount (rounded to nearest $100) should Purl report on its December 31, Year 2, balance sheet for these held-to-maturity bonds?
Answers
Answer:
Investment in bonds $468,000
Explanation:
In this case, the journal entry to record the purchase of the bonds should be:
January 1, Year 1, bonds purchased as long term investment
Dr Investment in bonds 456,200
Cr Cash 456,200
In the balance sheet it would be reported as an asset: Investment in bonds $456,200
amortization of bond discount for first coupon = ($456,200 x 10%) - ($500,000 x 8%) = $45,620 - $40,000 = $5,620
journal entry to record first coupon payment:
January 1, Year 2, first coupon payment collected
Dr Cash 40,000
Dr Investment in bonds 5,620
Cr Interest revenue 45,620
So the investment in bonds account now has a $461,820 balance
amortization of bond discount for second coupon = ($461,820 x 10%) - ($500,000 x 8%) = $46,182 - $40,000 = $6,182
journal entry to record second coupon payment:
January 1, Year 3, second coupon payment collected
Dr Cash 40,000
Dr Investment in bonds 6,182
Cr Interest revenue 46,182
So the investment in bonds account now has a $468,002 balance
Since we are told to report the December 31, Year 2, balance, the accrued interest journal entry should be:
Dr Interest receivable 40,000
Dr Investment in bonds 6,182
Cr Interest revenue 46,182
The account balance is the same though, $468,002 rounded down to $468,000
Which is a good rule to follow when sending business emails? (1 point)
Answers
Answer:
Avoid forwarding spam and unnecessary messages such as chain letters.
Explanation: did the test
The good rule that must follow at the time of sending business emails is to avoid forwarding spam and unwanted texts like chain letters.
What is email?An email, is also called as the electronic mail. It is one of the most extensively employed features of the Internet, that is mostly used in the formal business organizations.
It allows a person to transport and acquire messages from nay person in the globe that has an email account. Within the TCP/IP suite, email uses a variety of protocols.
When sending business emails, a good tip to follow is to avoid forwarding spam and undesirable texts like chain letters.
Therefore, the use of formal languages and proper formats made the emails more accurate.
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Who would be eligible for student loan forgiveness.
Answers
Answer:
broke people
Explanation:
if you broke then maybe they help