Due to an economic downturn, the economy of a town has declined to the point where residents are no longer able to afford basic necessities Which answer choice represents the MOST LIKELY way that this situation will be resolved? A) To prevent further economic catastrophe, the private sector will create new, higher-paying jobs for residents. B) To prevent further economic catastrophe, the government will create new, higher-paying jobs for residents. o To aid those hardest hit by the downturn, the government will offer unemployment compensation and welfare benefits. D To aid those hardest hit by the downturn, the private sector will offer unemployment compensation and welfare benefits.

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Which plan offers a tax-free education?

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?