Hoover corp., a wholesaler of music equipment, issued $30,500,000 of 20-year, 10% callable bonds on march 1, year 1, at their face amount, with interest payable on march 1 and september 1. the fiscal year of the company is the calendar year. journalize the entries to record the following selected transactions. refer to the chart of accounts for exact wording of account titles.
a) year 1 mar. 1 issued the bonds for cash at their face amount.
b) sept. 1 paid the interest on the bonds.
c) year 3 sept. 1 called the bond issue at 105, the rate provided in the bond indenture.

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?

What provides financial support to workers who are retired or have disabilities? medicare social security tax withholdings medicaid