Trump Company issued $200,000 of bonds payable at face value on March 1, 2016. The bonds were authorized on January 1, 2016, with a stated rate of 3% and a maturity date of December 31, 2025. Interest payments are to be made annually, starting December 31, 2016. Because the authorization date preceded the issue date, the bonds were issued "plus accrued interest." Prepare the following journal entries. Note, there are two different ways to handle the accrued interest, but be consistent between Part A and Part B.
A. The issue of the bonds at March 1, 2016, plus accrued interes
B. The payment of the first interest payment on December 31, 2016.

Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a.what is the firm’s labor demand function? b.if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c.now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]

Which of the following would not be listed under cash outflows in a financial plan?

If art has a 7/1 arm, how long will the fixed interest rate be applied to his loan?