On January 1, Company X purchased bonds with a face value of $50,000 issued by Company Y. The stated rate of the bonds is 10% paid annually, and the bond matures in 4 years. The market rate for similar bonds is 12%. Company X has the intent of holding the bonds until maturity. What would Company X record as the discount on bonds payable upon purchasing the bonds?1- $3,0372- $3, 9453- $4,0724- $4,486

The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted