On january 1, 2021, universe of fun issues $780,000, 9% bonds that mature in 15 years. the market interest rate for bonds of similar risk and maturity is 10%, and the bonds issue for $720,047. interest is paid semiannually on june 30 and december 31. complete the first three rows of an amortization schedule.

date cash paid interest expense increase in carrying value carrying value

01/01/15

06/30/15

12/31/15

2. & 3.

record the issuance of the bonds on january 1, the interest payments on june 30, and december 31, 2015. (if no journal entry is required for a transaction, select "no journal entry required" in the first account field. round your answers to the nearest whole dollar amount.)

it is a i took the test.

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.

c). housing, savings, and food and d). housing, food, and transportation. i hope this is good luck on the rest of your work.