Answer:
The trough is the bottom of the recession period, unemployment is at its highest, inflation is low. ... expansion (recovery) is when output is increasing, unemployment begins to fall and later inflation begins to rise.
Answer:
COGS= $129,800
Explanation:
Giving the following information:
Finished goods inventory, April 1$32,600
Finished goods inventory, April 30 26,600
Total cost of goods manufactured 123,800
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 32,600 + 123,800 - 26,600
COGS= $129,800
<span>A. Marley is correct because a grant is like a gift and he can still get scholarships or loans to pay for the rest of his expenses.
There are three major ways of obtaining money to pay for advanced education. Loans, grants, and scholarships. As the name implies, a loan is the borrowing of money with the expectation that the loaned money will be paid back at a later date with accumulated interest. Grants are what you can consider to be a "gift with an obligation" where if you fail to uphold the obligation, the grant gets converted into a loan that you need to pay off. And finally, scholarships are straight out gifts that you don't need to pay back. So the grant offer to Desmond is for his becoming a math or science teacher for a some period of time. Since he wants to teach physics, this grant would be ideal for him. So let's look at the options and see what does and does not make sense.
A. Marley is correct because a grant is like a gift and he can still get scholarships or loans to pay for the rest of his expenses.
* This is exactly correct and therefore the correct answer.
B. Marley is correct because he can take the grant and then study whatever he chooses without paying it back if he changes his mind about his career.
* NO. If Desmond decides to not become a math or physic teacher, the grant suddenly converts into a loan that must be paid off.
C. Brianna is correct because he cannot get scholarships if he takes the grant and scholarships would pay more of his education costs.
* The acceptance of a grant doesn't prohibit getting scholarships. So this choice is false and therefore wrong.
D. Brianna is correct because grants are like loans and must be paid back. He should wait and see what scholarships and work-study programs he qualifies for.
* Grants don't need to be paid back if the receiver honors their service commitment. So this choice is also false and therefore wrong.</span>
Answer:
1. B
2. A
Explanation:
1. the answer is lower higher.
when a note has been discounted, the person who issues it is going to get its value at maturity. in a situation where it does not bear interes, this is the face value and it is going to be reduced by discount. such that the cash received would be lower than the face value. but when it is repaid, effective rate would be higher than the value of the discount.
2. <u>a. The total future cash payments</u><u> </u><u>is</u> what be compared to the carrying amount of the debt to determine if the debtor should report a gain on restructuring. the other options do not answer this question.