In the First Month of Operations for Gallowsbird Industries, the Total

question 206

Multiple Choice

In the first month of operations for Gallowsbird Industries, the total of the debit entries to the cash account amounted to $36,000 ($16,000 investment by stockholders and revenues of $20,000) . The total of the credit entries to the cash account amounted to $22,000 (purchase of equipment $8,000 and payment of expenses $14,000) . At the end of the month, the cash account has a(n)

• A) $6,000 credit balance.
• B) $6,000 debit balance.
• C) $14,000 debit balance.
• D) $14,000 credit balance.

Analyze the shift in the labor force from manufacturing to other sectors.

Examine the role of gender and age in global economy labor.

Explore the impact of diversity on employment.

Describe the role and structure of the state and its relationship to the concept of power and authority.

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Definitions:

Coupon Rate

The interest payment made annually on a bond, shown in percentage terms of its face value.

Time To Maturity

The duration remaining until the final payment date of a loan, bond, or other financial instrument, at which point the principal (and usually the final interest payment) is due to be paid.

Interest Rate Risk

The risk that the value of an investment will decrease due to a change in interest rates.

High Coupon Bond

A bond that offers a relatively high interest rate (or coupon rate) compared to the current prevailing rates of other similar bonds.