Hillinger, Inc. issues $100,000 of 4% bonds on January 1, Year 1. The bonds have a five-year term and pay interest semiannually on June 30 and December 31 each year. Assuming a market interest rate of 5% and an issue price of $95,624, what is the carrying value of the bonds as of June 30, Year 1

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

Adisadvantage of corporations is that shareholders have to pay on profits.

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.