your job description includes working with agents who have been charged with detecting and correcting overpayments made to your hospital in the medicare fee for service program. you will need to develop a professional relationship with

Asymmetric information exists when one party to an exchange has more relevant information than the other party.

In this scenario, the two parties differ in their knowledge about the good being exchanged, which creates an information asymmetry. Additionally, neither party is knowledgeable about the quality of the good being exchanged, which further exacerbates the information asymmetry.

The presence of asymmetric information can lead to market failure because it can result in adverse selection and moral hazard. Adverse selection occurs when the party with more information takes advantage of the party with less information by offering a lower-quality good at a higher price. A moral hazard occurs when the party with less information takes risks that they would not have taken if they had full information about the good.

Overall, this question highlights the importance of having full and accurate information in order to ensure fair and efficient market exchanges.

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It is important to file your income taxes before tax day to avoid penalties and interest charges. To avoid penalties, interest, and potential issues with the IRS.

This involves several reasons:
1. Avoid late-filing penalties: Filing before tax day helps you avoid late-filing penalties, which can be costly.
2. Avoid late-payment penalties: If you owe taxes, filing before tax day ensures you can pay on time and avoid late-payment penalties.
3. Receive refunds sooner: If you are due a refund, filing early helps you receive it sooner.
4. Allow time for potential errors: Filing early gives you time to address any errors or discrepancies before the deadline.
5. Protect against identity theft: Filing your taxes early can help prevent identity theft by ensuring your information is submitted before potential fraudsters.

It is crucial to file your income taxes before tax day to avoid penalties, interest, and issues with the IRS, receive refunds sooner, and protect against identity theft.

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A bridge loan is a type of short-term loan that is used to provide temporary financing until a borrower secures more permanent financing or removes an existing obligation.

Bridge loans are typically used by individuals or companies who need to quickly access cash to cover short-term expenses while they wait for a more permanent source of funding to become available.

Bridge loans are commonly used in the real estate industry, where they are used to finance the purchase of a new property before the borrower has sold their existing property. They can also be used to finance construction projects, to provide working capital for small businesses, or to help individuals cover unexpected expenses or emergencies.

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To calculate the expected return of security XYZ, we need to multiply the probability of each possible return by the return itself, and then sum up the products. the expected return of security XYZ is 9%.

The formula for expected return is:

Expected return = (Probability of return 1 x Return 1) + (Probability of return 2 x Return 2) + ... + (Probability of return n x Return n)

Using the given probability distribution, we can calculate the expected return of security XYZ as follows:

Expected return = (0.3 x 20%) + (0.2 x 30%) + (0.1 x 50%) + (0.4 x -20%)

Expected return = 6% + 6% + 5% - 8%

Expected return = 9%

Therefore, the expected return of security XYZ is 9%.

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The grocery store that has operated in the neighborhood for the past 30 years, and is now prohibited from selling packaged food due to the recently passed zoning ordinance by the city council.

In this particular case, the zoning ordinance is likely aimed at promoting healthier food options in the area by limiting access to packaged and processed foods. While this may be a positive step for the community's health, it presents a significant challenge for the grocery store that has relied on selling these products for its business model.

Without the ability to sell packaged food, the store may struggle to stay afloat or may have to drastically change its product offerings to stay in compliance with the new regulations.

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Demand for outboard motors depends on consumers purchasing fishing boats. This is an example of derived demand.

In the field of economics, derived demand is the desire for an item or service that arises from the need for a comparable or unrelated good or service. The market price of the derived product might be significantly impacted by derived demand.

When utilised to foresee the prospective market for goods other than the desired original product, the demand which is derived from the demand for another good can be a great investing technique. Derived demand only refers to the need for a good or service to be able to purchase or create another good or service.

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The question seems incomplete. The complete question is:

Demand for outboard motors depends on consumers purchasing fishing boats. This is an example of ________ demand.

derived

The correct answer is B) An authorized mode of acceptance is used when the offeror conditions acceptance based on use of that specific mode of acceptance.

In this situation, the offeror has specifically stated that acceptance must be made using a particular mode of acceptance. If the offeree uses a different mode of acceptance, the offeror is not bound to the contract. Therefore, the contract is not formed until acceptance is received using the authorized mode of acceptance.

Option B is the correct answer because it refers to the situation where the offeror conditions acceptance based on the use of a specific mode of acceptance. In this case, acceptance is effective only when the authorized mode of acceptance is used. If a different mode of acceptance is used, the acceptance will not be effective, and a contract will not be formed until the offeror receives an acceptance using the authorized mode.

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The value of an option is a complex function of several variables, including the price of the underlying asset, the time to expiration, the level of interest rates, and the price volatility of the underlying asset.

When the price volatility of the underlying asset is high, the value of the option increases because there is a greater chance that the option will end up in the money. This means that there is a higher probability of the underlying asset price moving beyond the strike price of the option, which would make the option profitable.


Finally, the level of interest rates also has an impact on the value of an option, although it is not as direct as the other two factors. Higher interest rates tend to increase the value of call options and decrease the value of put options, while lower interest rates tend to have the opposite effect.

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Mortgage pass-through instruments' prices are more susceptible to falling interest rates than rising ones, and vice versa. Here option C is the correct answer.

Mortgage pass-through securities represent a pool of mortgages that have been packaged together and sold to investors as a single security. The cash flows from the underlying mortgages are "passed through" to the investors, who receive regular payments of principal and interest.

The value of mortgage pass-through securities is heavily influenced by changes in interest rates, because as interest rates change, so do the cash flows from the underlying mortgages. Specifically, when interest rates decline, homeowners are more likely to refinance their mortgages, which means that the securities will experience increased prepayment rates.

This can result in a decrease in the overall yield of the securities, which can cause their prices to rise. Conversely, when interest rates rise, prepayment rates may slow down, which can increase the overall yield of the securities, leading to a decrease in their prices.

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Complete question:

Prices of mortgage pass-through securities are: multiple choice

A - unaffected by changes in interest rates.

B - related positively to changes in interest rates.

C - more sensitive to declines in interest rates and less sensitive to increases in interest rates.

D - less sensitive to declines in interest rates and more sensitive to increases in interest rates.

According to Keynesian theory, a decrease in aggregate demand leads to decreases in output and prices in the short run.

This is because the short run is a period of time where some prices, especially wages, are relatively inflexible, meaning that they do not adjust quickly to changes in demand. As a result, a decrease in aggregate demand will lead to a decrease in the quantity of goods and services produced, which will in turn lead to a decrease in prices. However, in the long run, all prices are assumed to be flexible and adjust to changes in demand, so the long-run aggregate supply curve is upward-sloping.

Therefore, it is not true that the long-run and short-run aggregate supply curves are identical. Additionally, the short run is not relatively unimportant, as it is a period of time where the economy may be stuck in a state of low output and high unemployment due to inflexible prices. Lastly, a decrease in aggregate demand will not only decrease prices but also output in the short run, as explained above.

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In the leadership model, a leader plays a critical role in providing motivation and direction to their followers. One way they do this is by making desirable rewards available in the workplace, and clearly outlining how followers can obtain them.

This approach is often referred to as the path-goal leadership model. The path-goal model suggests that the leader's role is to help their followers navigate the path to success by removing obstacles and providing support. This model can be used in conjunction with other leadership styles, such as transformational, contingency, or relationship-oriented leadership. Ultimately, the goal is to create a work environment where employees feel supported, motivated, and empowered to achieve their best work. By utilizing the path-goal model, leaders can help create a workplace culture that fosters growth and success.

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Those who are jobless because wages are "too high," or for some other reason, set above the level that balances supply and demand for labor.

Unemployment caused by wages being set above the level that balances labor supply and demand is known as "classical unemployment." This type of unemployment can occur when wages are artificially high due to minimum wage laws, labor unions, or other factors that prevent wages from adjusting to their market-clearing level.

When wages are set above the market-clearing level, the quantity of labor supplied exceeds the quantity demanded, creating a surplus of workers or classical unemployment. This surplus of labor can persist for long periods, as employers are unwilling to hire workers at wages that they perceive as too high.

Classical unemployment can have significant negative effects on the economy, including reduced economic growth, lower levels of output, and increased income inequality. To reduce classical unemployment, policymakers may need to consider measures such as reducing minimum wage rates, promoting job training programs, and reducing barriers to entry for new businesses.

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Debt investments not classified as trading or held-to-maturity securities are called Available-for-sale securities.

Debt or equity assets that are available for sale aren't meant to be kept until maturity or exchanged actively in the near future. Unrealized profits or losses are recognized in other comprehensive income until the assets are sold or are determined to be impaired. These investments are shown at fair value on the balance sheet. Compared to held-to-maturity assets, which must be kept until maturity, and trading securities, which are actively bought and sold in the near term, available-for-sale securities give more flexibility over when they can be sold.

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The estimated activity duration is 12 working days, the activity elapsed time is 15 calendar days, and the required effort on the activity is 48 total labor hours.

Based on the information provided, the activity is estimated to require 48 total labor hours. Assuming two systems analysts work half-time (4 hours per day each), the activity will require a total of 12 working days (48 labor hours ÷ 4 labor hours per day = 12 days). Assuming a regular working week of Monday through Friday, the activity will take approximately 15 calendar days to complete (12 working days ÷ 0.8 efficiency factor = 15 calendar days).
The activity elapsed time is the duration of time between the start and finish of the activity, which in this case is 15 calendar days. The required effort on the activity is 48 total labor hours, which is the total amount of work that needs to be done to complete the activity.

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Real wages for high school graduates have been stagnant since the 1970s.

Wages refer to the payment or compensation that an employee receives for their labor or services rendered to an employer. Wages can be paid in the form of cash, check, or direct deposit, and are usually calculated on an hourly, daily, weekly, or monthly basis. Wages are an important component of an employee's overall compensation package, along with benefits such as health insurance, retirement savings plans, and paid time off.

The amount of wages paid to an employee is determined by various factors, such as the type of work performed, the level of skill and experience required, and the prevailing market rates for similar jobs in the same industry or location. Wages can also be influenced by government regulations, minimum wage laws, and collective bargaining agreements negotiated by labor unions.

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The statement "invest in yourself- the best boat you can have your own talent" means that one should focus on developing their own skills and talents to improve their worth as an individual.

Warren Buffett believes that individuals are valuable assets, and by investing in themselves, they can increase their value and potential earnings. This investment in oneself can't be taken away by external factors like inflation or taxes, making it a reliable source of wealth. Buffet urges students to develop the habits of success and to continuously work on improving themselves.

By doing so, they can increase their value and worth as individuals, and in turn, potentially increase their earning potential. Overall, the statement emphasizes the importance of self-improvement and personal development as a means to achieve success and build a valuable asset in oneself.

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The degree to which decision-making authority is concentrated at higher levels in an organization refers to centralization. Centralization can be defined as the process in which decision-making authority is concentrated at higher levels of an organization. In a centralized organization, key decisions are made by top management, and lower-level employees have limited authority to make decisions.

Centralization has its advantages and disadvantages. On the positive side, centralization can help organizations to achieve consistency and uniformity in decision-making. It also allows top management to have greater control over the organization's operations, which can be particularly important in larger organizations. Additionally, centralized decision-making can be more efficient since it allows for quicker decision-making and implementation.

However, centralization also has its drawbacks. One of the main disadvantages is that it can lead to a lack of flexibility and creativity. Lower-level employees may feel disempowered and less motivated to contribute to the organization's success. Moreover, centralized decision-making can be slow and bureaucratic, particularly if top management is slow to act or if decisions need to be made at multiple levels of the organization.

In conclusion, centralization refers to the degree to which decision-making authority is concentrated at higher levels in an organization.

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If the production and sales volume for the year falls to 12,000 units due to an unfavorable change in business, then the income from operations would be a loss of $60,000.

This can be calculated by multiplying the contribution margin per unit with the decrease in the sales volume. Assuming the contribution margin per unit is $5,000, the decrease in sales volume from 20,000 units to 12,000 units would be 8,000 units. Therefore, the loss from operations would be $5,000 x 8,000 units = $40,000. This loss should be subtracted from the fixed expenses of $20,000 to get the total loss from operations of $60,000. It is important for businesses to plan and prepare for potential unfavorable changes in order to mitigate their financial impact.

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The leadership style that involves reaching a decision with all those involved is called democratic or participative leadership.

In this style, the leader facilitates the decision-making process and encourages active participation from team members, ultimately leading to a collective decision that considers the perspectives and opinions of everyone involved. This style of leadership is often effective in promoting team morale and buy-in, as well as creating a sense of ownership and accountability among team members.

The leadership style that you're referring to is called "participative" or "democratic" leadership. In this style, the leader encourages input from all team members and involves them in the decision-making process. This approach fosters collaboration, empowers team members, and promotes a positive work environment.

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In determining whether companies should invest their own money to ensure basic standards are met in their factories or if governments should be responsible for enforcing higher standards, there are several factors to consider.

Companies should invest their own money to ensure basic standards are met in their factories for several reasons. Firstly, it is in their best interest to maintain a good reputation by ensuring safe and ethical working conditions for their employees. Additionally, by investing in maintaining basic standards, companies can increase productivity and efficiency, as workers are more likely to perform better in a safe and supportive environment. Moreover, adhering to basic standards can help companies avoid potential legal issues and financial losses due to accidents or negligence.

On the other hand, governments also play a crucial role in enforcing higher standards in factories. This is because not all companies may willingly invest in meeting basic standards due to the cost or short-term financial goals. Governments can ensure a level playing field by creating and enforcing regulations that apply to all companies operating within their jurisdiction. This can lead to a more equitable and sustainable industrial environment, where all workers are treated fairly and provided with safe working conditions.

In conclusion, both companies and governments have a role to play in ensuring that basic standards are met in factories. Companies should be expected to invest their own money to meet these standards, while governments should be responsible for enforcing higher standards through regulations and oversight. This collaborative approach can lead to improved working conditions, increased productivity, and a more sustainable industrial landscape.

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The process described in the question is called the control process. It involves establishing standards, comparing actual performance against standards, and taking corrective action when necessary.

Control is a continuous process that requires ongoing attention and improvement from managers to ensure that organizational goals are met. Feasibility in the context of control refers to the extent to which each step of the control process can be implemented successfully.

Performance management is a continuous process that requires constant attention and process improvement from managers to stay on course. The term "feasibility" refers to the extent to which it is possible to implement each step in the control process, ensuring that the performance management system is practical and achievable.

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True. Adopter categories are a way to classify consumers based on when they adopt a new innovation.

The categories include innovators, early adopters, early majority, late majority, and laggards. Innovators are the first to try a new product or model, while laggards are the last to adopt. Understanding where consumers fall within these categories can be useful for marketers in targeting their products and messaging.

True, adopter categories are a classification that depicts where consumers stand in relation to other consumers in terms of the first time they purchase an innovation, such as a new product or model. These categories help marketers and businesses understand consumer behavior and adoption patterns when introducing innovative products into the market. Adopter categories typically include innovators, early adopters, early majority, late majority, and laggards.

Each group represents a specific segment of the population with unique characteristics, preferences, and risk tolerance, which can guide businesses in tailoring their marketing strategies to target and engage different segments effectively.

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When a group of employees meets with the management of a company to negotiate terms and conditions of employment, it is often done through collective bargaining.

This is a process where the employees come together as a group, represented by a union, to discuss their demands and reach an agreement with the management. Through negotiations, the two groups discuss various topics such as pay, benefits, working conditions, and job security. The outcome of the bargaining process can affect the entire workforce and ultimately impact the success of the company. It is important for both sides to engage in productive and respectful negotiations to create a mutually beneficial agreement.

In response to your question, a group of employees met with the management of a company to negotiate the terms and conditions of employment. This process, known as collective bargaining, involves discussions between the employees' representatives (usually a labor union) and the company's management. The goal is to reach a mutually beneficial agreement covering aspects like wages, working hours, benefits, job security, and working conditions. Through negotiation, both parties share their concerns and expectations, make compromises, and ultimately draft a contract outlining the agreed-upon terms. This contract, often called a collective bargaining agreement (CBA), provides a clear framework for the employee's employment at the company and helps maintain a harmonious working relationship between the two parties.

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Economic productivity is a measure of how efficiently inputs such as labor and capital are used to produce goods and services.

It refers to the positive or negative change in a firm's ability to produce a given level of output with a given quantity of inputs. Productivity can be influenced by a variety of factors, such as technological advancements, improvements in organizational processes, and changes in the skill level of the workforce.Positive productivity growth can lead to increased profits, higher wages, and improved standards of living, while negative productivity growth can result in the opposite effects. Therefore, productivity is a key driver of economic growth and competitiveness, both at the firm and national levels. Policymakers often focus on policies and programs aimed at improving productivity in order to enhance the overall well-being of society, by promoting higher levels of economic growth and development.

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The expected value of playing the Pick 4 game is -$0.75.The expected value of playing the Ohio Lottery's Pick 4 game can be calculated by multiplying the probability of winning by the amount of the prize and subtracting the cost of playing.

There are 10,000 possible four-digit numbers that can be picked, so the probability of winning is 1 in 10,000. The prize for winning is $2,500. Therefore, the expected value can be calculated as follows:
(1/10,000) x $2,500 - $1 = -$0.75

This means that for every $1 you spend playing the Pick 4 game, you can expect to lose $0.75 in the long run. In other words, the expected value of playing this game is negative, so it is not a good investment of your money.
To calculate the expected value for the Ohio Lottery's Pick 4 game, we need to consider the probability of winning and the prize amount.
1. There are 10,000 possible combinations (10 choices for each of the 4 digits: 10^4 = 10,000).
2. The probability of winning is 1/10,000, as there's only one winning combination.
3. The prize amount is $2,500.

Now, we can calculate the expected value (EV):

EV = (probability of winning) * (prize amount) - (cost of ticket)

EV = (1/10,000) * $2,500 - $1

EV = $0.25 - $1

EV = -$0.75

The expected value of playing the Pick 4 game is -$0.75, which means that for every $1 spent on a ticket, you can expect to lose $0.75 on average.

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Based on the given information, the playground at the local park can be classified as a public good that is not rival in consumption but is excludable. This is because the playground can be used by anyone who visits the park, which makes it non-rivalrous. Even if multiple children use the playground at the same time, it doesn't affect the enjoyment or use of the playground by others. Additionally, since the playground is not congested and is rarely used, it ensures that children who do use the playground receive full enjoyment from it.

However, the playground is excludable because there is a physical boundary around it, like a fence or a gate, that allows for the control of who enters and who doesn't. Thus, the park authorities can prevent non-paying individuals or those who do not meet the park's admission criteria from accessing the playground. In conclusion, the playground at the local park is an example of a public good that is not rival in consumption but is excludable. The fact that it is not used frequently by others makes it more valuable to children who use it, while its excludability ensures that park authorities can control who can access the playground.

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The retailer has identified a market segment. A market segment is a group of customers within a larger market who share similar needs or characteristics. The correct option is A.

In this case, the African-American professionals between the ages of thirty-five and forty-five have been identified as a distinct group with specific needs and characteristics that make them a potential market for the retailer's products. The marketing mix refers to the set of strategies and tactics used by a company to promote its products to a target market, while the product mix refers to the range of products offered by a company. Mass market refers to a large and diverse market that includes customers with varying needs and characteristics, rather than a specific segment. I hope this provides a clear and long answer to your question.

Your question is about a retailer targeting a specific group of customers within its larger market. The correct term for this group is a "market segment." So the answer is A. Market Segment.

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Laura should budgeted to purchase 312120 gallons of direct materials in February (346800 - beginning inventory - 34680 = 312120).

To calculate the amount of direct materials that Laura will need to purchase in February, we first need to determine the total amount of direct materials needed for January, February, and March.

Based on the production budget information provided, we can calculate that Laura will need:

January: 64100 units x 6 gallons per unit = 384600 gallons
February: 57800 units x 6 gallons per unit = 346800 gallons
March: 51000 units x 6 gallons per unit = 306000 gallons

Next, we need to calculate the desired ending inventory for February. Laura wants to maintain an ending inventory equal to 10% of the next month's production needs, which would be:

February production needs: 57800 units x 6 gallons per unit = 346800 gallons
Desired ending inventory: 10% of 346800 gallons = 34680 gallons

Finally, we can calculate the total amount of direct materials that Laura will need to purchase in February by subtracting the beginning inventory (which is not given in the question) and the desired ending inventory from the total direct materials needed for February:

Total direct materials needed for February: 346800 gallons
Desired ending inventory: 34680 gallons
Beginning inventory: not given

Therefore, Laura should budgeted to purchase 312120 gallons of direct materials in February (346800 - beginning inventory - 34680 = 312120).

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Country A has an absolute advantage in making good x as it can produce more units of good x per labor hour than country B. From the table given, we can see that country A can produce 4 units of good x per labor hour, while country B can only produce 3 units of good x per labor hour. Therefore, country A has an absolute advantage in making good x.

Country B has an absolute advantage in making good y as it can produce more units of good y per labor hour than country A. From the table given, we can see that country B can produce 6 units of good y per labor hour, while country A can only produce 5 units of good y per labor hour. Therefore, country B has an absolute advantage in making good y.  Country A has comparative advantage in making good x. To determine which country has comparative advantage in making a certain good, we need to calculate the opportunity cost of producing that good in each country. The opportunity cost is the amount of the other good that needs to be given up in order to produce one unit of the good in question.

In country A, the opportunity cost of producing one unit of good x is 2 units of good y (4 units of y/2 units of x), while in country B, the opportunity cost of producing one unit of good x is 3 units of good y (6 units of y/2 units of x). Therefore, country A has a lower opportunity cost of producing good x and hence has a comparative advantage in making it. Country B has comparative advantage in making good y.
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The amount of discount amortization on each annual interest date is $90.

We shall first calculate the total amount of discount on the bond to find out the amount of discount amortization on each annual interest date.

The discount is the difference between the face value of the bond and the price at which it was sold:

Discount = Face Value - Selling Price

Discount = $30,000 - $29,100

Discount = $900

Since the bond has a ten-year maturity and pays interest annually, there will be 10 interest payments. Each interest payment will be calculated as a percentage of the face value of the bond:

Annual Interest Payment = Face Value x Coupon Rate

Annual Interest Payment = $30,000 x 7%

Annual Interest Payment = $2,100

Using the straight-line method of amortization, we will allocate the discount evenly over the life of the bond.

Therefore, the amount of discount amortization on each annual interest date will be:

Discount Amortization = Total Discount / Number of Interest Payments

Discount Amortization = $900 / 10

Discount Amortization = $90

Therefore, on each annual interest date, Davis Company will amortize $90 of discount.

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