Answer:
Stop working and add the incomplete feature back into the backlog.
Explanation:
In case a task could not be completed in the current iteration, it is best to add it to the backlog, so that in subsequent iterations it will be completed (giving it priority, of course).
Of course, it is not convenient to extend the iteration time just to finish the incomplete task. Also, we should not add it directly to the next iteration because we would be altering its structure. So the most appropriate thing to do, is to leave it marked as a priority to be included in the next iterations.
The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. These rights are known as Livery of Seisin. Livery of Seisin refers to owning something and having the right to sell it. When a consumer owns a time-share, they have the rights to rent or sell the property during their allotted time during the year they have the property.
Answer:
Lundholm, Inc
Journal Entries
Date Account Titles Debit Credit
May 1, 18 Cash $500,000
Bonds payable $500,000
(To record the bond issuance)
31 Oct, 18 Interest Expenses $22,500
(500000*9%*6/12)
Cash $22,500
(To record payment of the first semiannual period’s interest)
Nov 1, 19 Bonds payable $300,000
Loss on Bonds $3,000
Cash $303,000
(To record retirement the bonds at 101 on November 1, 2019)
Using the formula to calculate the total cost:
Cost = (85% x 3 million) + (60% x 3 million) + (20% x 3 million)
Cost = (0.85 x 3 million) + (0.60 x 3 million) + (0.20 x 3 million)
<span>Cost = (2.55 million) + (1.8 million) + (0.6 million)
Cost = 4.95 millions.</span>
<u>PART A:</u>
The government has voted for budget neutral tax cut policy in order to avoid the enhancement in the deficit. Thereby, government spending will be reduced by an amount of $8 billion.
<u>PART B:</u>
The calculation for fall in GDP is as follows:
Multiply with change in government expenditure,
Thus, if the government expense is reduced by $8 billion then fall in GDP is by $53.33 billion
<u>EFFECT ON GDP DUE TO REDUCTION OF TAX:</u>
Multiply with change in tax,
Thus, when the taxes are reduced by $8 billion, then GDP shows an increase by $45.33 billion.
Therefore, change in equilibrium level of real GDP = -$8 billion ( -53.33 billion + 45.33 billion).
