On July 18, Jerry Pope signed a note when he borrowed $1,200 at 12 percent for 30 days from Second National Bank. In this situation:
a) Pope is the payee of the note
b) Pope is the maker of the note
c) Pope is the principle of the note
d) The bank is the maker of the note
e) The bank is the endorser of the note
Answers
When Jerry Pope borrowed $1,200 at 12% for 30 days from Second National Bank on July 18th, he signed a note. In this situation, Pope is the maker of the note. The correct option is B.
What is a note?A note is a legal agreement between two parties. The borrower, in this case, Jerry Pope, agrees to pay the lender, Second National Bank, a specific amount of money plus interest.
In exchange for the loan, the borrower provides a signed document outlining the terms of the agreement, including the amount borrowed, the interest rate, and the repayment schedule.
This signed document is known as a promissory note or simply a note. In this case, since Jerry Pope borrowed $1,200 from Second National Bank and signed the note, he is the maker of the note.
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Related Questions
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Answers
Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What certificate will we get if we become a teacher?
Answers
Answer:
You can get a teaching certificate or an alternative certification, but go for the nationally-recognized board certification when you're eligible. Use the best job sites. The best job sites, for teaching jobs, are the websites of the school and school district themselves.
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The rule of supply and demand says that
A. as price increases, demand decreases
B. supply and demand both increase with price
C. as demand increases, price increases
D. as demand decreases, price increases
Answers
Answer:
The answer is C
Explanation:
Let's say that we have 100 cars unique in the world and each car's value is 10000$. Now, let's say that you have 3 cars like the last ones, 3 cars unique in the world? You won't sell them at 10000$, you have to increase the price because the cars are very rare.
Consistent with____recognition principle, companies record revenue at the time goods are provided to customers.
Answers
Answer:
Revenue
Explanation:
In finance, revenue recognition principle can be associated to acrrual accounting, it stated that recognition of revenue should only take place when revenue is earned or received, it shouldn't be when there is received cash. It helps to know periods that revenue is needed to be recognized.
It should be noted that Consistent with revenue recognition principle, companies record revenue at the time goods are provided to customers.
What are equity investments
Answers
Hope this helps
Answer:
equity investment is money that is invested in a company by purchasing shares of that company in the stock market.
Explanation:
These shares are typically traded on a stock exchange.
Situation 3
• You have some friends that have a lot of money. They want to make more
money by loaning their money to other people.
• You also have friends that want to buy apartments in a cool new
development, but they don't have any money. You introduce your friends
who want to buy to your friends who have money to lend.
In the home buying business, what would you be called?
O A landlord.
O A loan officer.
O A mortgage broker.
O A mortgagor.
Answers
In the given scenario, you would be called a mortgage broker. A mortgage broker is a professional who connects borrowers and lenders and helps them negotiate the terms of a mortgage loan.
In this case, you are introducing your friends who want to buy apartments to your friends who have money to lend, essentially acting as a middleman between them and helping them arrange a mortgage loan. A landlord is a person who owns a property and rents it out to tenants. Landlords typically collect rent payments from tenants and are responsible for maintaining the property. A loan officer is a professional who works for a bank or other financial institution and helps people apply for loans. Loan officers evaluate loan applications, review credit histories and income levels, and help borrowers understand the terms of the loan. A mortgagor is a person who borrows money to purchase a property and pledges the property as collateral for the loan. In other words, the mortgagor is the borrower who is responsible for paying back the mortgage loan to the lender.
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negotiators can become so focused on reaching an agreement they lose sight of the real goal, which is to
Answers
negotiators someone who tries to help two groups who disagree to reach an agreement with each other, usually as a job: Some very skilful negotiators will be needed to settle this dispute. International relations: diplomacy & mediation.
Integrative negotiation, also known as interest-based negotiation, is looking deeper than the parties' stated views to find viable tradeoffs and win-win scenarios across problems and interests. Integrative - An agreement reached through an integrative negotiation results in a win-win situation for both parties. Because neither side feels like they have lost at the end of the discussion, it is often preferable to distributive bargaining. When compared to integrative bargaining, distributive bargaining processes, which are founded on the idea of competition between participants, are more likely to result in lose-lose outcomes or to produce a situation where each side gets some of what they wanted but not as much as they might have if they had used...
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A manufacturer uses a standard cost system with overhead applied based upon direct labor hours. The manufacturing budget for the production of 5,000 units for the month of May included the following information: Direct labor 10,000 hours at $15 per hour $150,000 Variable overhead 30,000 Fixed overhead 80,000 During May, 6,000 units were produced and the fixed overhead budget variance was $2,000 favorable. Fixed overhead during May was
Answers
Answer:
Your answer is given below:
Explanation:
Labor efficiency variance = (Standard hour-actual hour)Standard rate
-1500 = (10000*15-X15)
15X = 151500
x(actual hour) = 10100 Hour
What role does product/service management play in marketing?.
Answers
Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
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true or false: when roi is calculated using the gross cost of assets, replacing a fully depreciated asset with a comparably priced new asset will not adversely affect roi.
Answers
ROI is a mathematical formula that investors may use to assess their investments and determine how well one investment has fared in comparison to other assets.
An ROI estimate may occasionally be combined with other strategies to create a business case for a specific proposition. How successfully a firm is managed is measured using the total ROI for the enterprise. A return on investment may be determined by determining one or more of an organization's immediate goals—such as increasing market revenue share, developing infrastructure, or positioning the company for sale—rather than by determining immediate profit or cost savings. ROI may be used to measure a variety of measures that all contribute to a company's profitability.
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f) Purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
journal entry
Answers
Debit: Furniture account for Rs. 12,000
Credit: Cash account for Rs. 4,000
Credit: Accounts Payable account for Rs. 8,000
Explanation:
- Furniture account is debited as it is an asset acquired by the business.
- Cash account is credited as the payment of Rs. 4,000 is made in cash.
- Accounts Payable account is credited as the remaining balance of Rs. 8,000 is still payable on credit.
Meeting others through volunteer work is the most common way people expand their network. true false
Answers
Answer:
false
Explanation:
Answer:
F
Explanation:
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what other costs of ownership do you need to factor in when thinking about your vehicle costs?
Answers
The costs of ownership need to factor in when thinking about your vehicle costs is the purchase price, registration fee, sales tax, among other things. Insurance, regular maintenance, fuel, the cost of the driver, and depreciation are just a few examples of ongoing expenses.
Emergency charges include things like towing fees and repair costs. When determining the true cost of vehicle ownership, all these expenses should be taken into consideration.
'What is total Ownership Cost?'
The acquisition price of an asset plus the operating expenses make up the total cost of ownership (TCO). Analyzing the total cost of ownership entails having a comprehensive view of the product and its future value.
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Upon dissolution of the partnership, one -third of the goes to each of its three founding partners. Since Partner Abel is deceased, his portion is split evenly among his four heirs. What portion of the company's value does each of these heirs receive?
Answers
Upon the dissolution of the partnership, the portion that would have gone to Partner Abel is split evenly among his four heirs, resulting in each heir receiving 1/4th (25%) of the company's value.
In this scenario, with three founding partners and the dissolution of the partnership, the value of the company is divided equally among the partners, resulting in each partner initially receiving 1/3rd (33.33%) of the company's value.
However, since Partner Abel is deceased, his portion is distributed among his four heirs.
Since the portion that would have gone to Partner Abel is now split evenly among his four heirs, each heir would receive an equal share. Therefore, each heir receives 1/4th (25%) of the company's value. This distribution ensures fairness and equal treatment among Partner Abel's heirs.
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What part of the promotional campaign should change across different
promotional materials?
Answers
Answer:
information about products or services
Explanation:
The part of the promotional campaign that should change across different promotional materials is Information about products or services as new products and services are added or removed from the company's products and services.
What is a promotional campaign?An integrated marketing communication or a promotional campaign is made up of a number of advertisement messages that all have the same idea and theme.
Because it is an essential component of the firm's identification, a company's slogan, logo, and brand name should be distinctive across all promotional materials. If any of these elements change, it will cause confusion for customers who were doing business with the company before the changes.
As a result, the information regarding items or services should be updated as frequently as feasible throughout various advertising materials.
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Your question is incomplete, but most probably the full question was,
What part of the promotional campaign should change across different promotional materials?
A. Slogan
B. Information about products or services.
C. Company logo.
D. Brand name.
I need help it will determine my grade
Answers
Which one of the following businesses would you classify as being in the secondary sector of industry?
A) Oil exploration company
B) Family run farm business
C) Taxi operating business
D) Shoe manufacturer
Answers
Answer:
shoe manufacturer
Explanation:
Your class has 14 male and 17 female
students. What fraction of your class is
female?
Answers
The fraction you would get would be 17 over 31
What types of accounts are ""matched"" when the matching concept is used in a discussion of accrual accounting?.
Answers
In the context of accrual accounting, the matching concept refers to the process of matching revenues with the associated expenses incurred in generating those revenues.
One type of account that is matched is revenue accounts with corresponding expense accounts. For example, if a company sells products, the revenue from those sales will be recognized in a revenue account, while the cost of goods sold (COGS) will be recognized in an expense account. The revenue and COGS accounts will be matched to ensure that the expenses related to generating that revenue are recognized in the same period.
In conclusion, when the matching concept is used in accrual accounting, revenue accounts are matched with corresponding expense accounts, prepaid expenses are matched with the period in which the expense is actually incurred, and accrued expenses are matched with the corresponding revenue in the same period.
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Why do you think it is important to understand GDP?
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My question got removed but can someone please help me with what the PESTEL anylasis for covergirl is. Please only real answers no links:)
Answers
Answer:
through this PESTLE Analysis for L’Oreal, the cosmetics and skincare giant, you now have an idea of where the brand currently stands in terms of business.
A brand as prestigious as L’Oreal, with such a rich history behind it, truly is inspiring especially because they managed to lead the market for over 100 years. It really boggles your mind to think they’ve made a century.
The brand although in no way is under even the slightest suspicion of extinction, they still have to work on correcting a few wrongs, the most important of which is completely eliminating animal testing. That will never be brushed under the rug. They also need to be very cautious of the contributing people in their supply chain so as to eliminate all sorts of slavery. They should develop a concrete policy on their use of toxins as well.
You will never be able to view a company in a full 360-degree perspective until you focus on understanding the various macro-economic factors that affect it. These factors play a very big role in shaping up the company’s overall performance. A PEST Analysis will help you not only in the identification but a thorough explanation of all of these factors
PESTLE is simply an acronym for political, economic, socio-cultural, technological, legal, and environmental analysis, which helps one in understanding where a company stands in depth.
You are more than welcome to visit our website if you wish to teach yourself how to work on a PEST analysis. We have all the detail you would need for comprehending the entire process. In fact, for those of you who wish to put their knowledge to practice, we even have the perfect PESTLE Analysis template for you to make things faster.
PLEASE HELP WILL MARK AS BRAINLIEST ITS URGENT
Answers
Wilson Inc. developed a business strategy that uses stock options as a major compensation incentive for its top executives. On January 1, 2021, 20 million options were granted, each giving the executive owning them the right to acquire five $1 par common shares. The exercise price is the market price on the grant date—$10 per share. Options vest on January 1, 2025. They cannot be exercised before that date and will expire on December 31, 2027. The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax.
Assume that all compensation expense from the stock options granted by Wilson already has been recorded. Further assume that 200,000 options expire in 2014 without being exercised. The journal entry to record this would include: __________
Answers
Answer:
Wilson Inc. developed a business strategy that uses stock options as a major compensation incentive for its top executives. On January 1, 2021, 20 million options were granted, each giving the executive owning them the right to acquire five $1 par common shares. The exercise price is the market price on the grant date—$10 per share. Options vest on January 1, 2025. They cannot be exercised before that date and will expire on December 31, 2027. The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax.
Assume that all compensation expense from the stock options granted by Wilson already has been recorded. Further assume that 200,000 options expire in 2014 without being exercised. The journal entry to record this would include
While workers in the United States are more task oriented and require information to do their jobs, workers from Korea are more motivated by strong relationships and developing trust to do the same job. That is because Korea is a ______ context culture and the U.S. is a ______ context culture.
Answers
Considering the situation described above, it is concluded that Korea is a High context culture, and the U.S. is a low-context culture.
A high context culture is a type of culture that is characterized by collectivism and an implicit form of communication.
On the other hand, a low context culture is a type of culture that is associated with direct verbal interaction and individualism.
It is no secret that the United States promotes individualism or independence as a society which is a form of low context culture. In contrast, the Korean culture promotes stability and group relation, which is a form of high context culture.
Hence, in this case, it is concluded that Korea has high context culture while the United States has a low-context culture.
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____ are specialized accountants who look for evidence of improper accounting methods.
A. Public accountants
B. Government accountants
C. Fraudulent accountants
D. Forensic accountants
Answers
Answer:
i think that the answer is C
Explanation:
Answer:
Forensic accountants
Explanation:
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T/F:P An individual who is team oriented and has experience in the industry in which the franchise competes is a good candidate to be a franchisee.
Answers
True. Being team oriented is important as running a franchise involves working closely with a franchisor and their support team.
Franchisees also need to collaborate with other franchisees in the network to share best practices and learn from each other. In addition, having experience in the industry in which the franchise competes provides an advantage in terms of understanding the market, customers, and competition. This knowledge can help the franchisee to make informed decisions and take appropriate actions to grow their business. However, it is also important to note that while industry experience is valuable, it is not the only factor to consider when evaluating a franchisee candidate. Other traits such as leadership skills, financial stability, and passion for the brand are also important to ensure a successful franchise partnership.
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who do blocked funds from individuals on the sdn belong to
Answers
Blocked funds from individuals on the Specially Designated Nationals and Blocked Persons List (SDN) belong to the individuals themselves, but they are frozen and cannot be accessed by the individuals or anyone else.
What is the SDN ?The SDN list is a tool used by the United States government to identify and block transactions with individuals and entities that are believed to be involved in terrorism, drug trafficking, or other activities that threaten national security. When an individual is added to the SDN list, their assets and funds are typically frozen and blocked from access by anyone.
In most cases, the blocked funds still legally belong to the individual, but they are effectively frozen and cannot be accessed or transferred. This can create significant challenges for individuals who have had their funds blocked, as they may be unable to access funds needed for living expenses or business operations.
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explain internal economics and internal diseconomics
Answers
Answer:
These are the cost advantage that an organization obtains due to their scales of operation . Diseconomies are the cost disadvantages that firms build up due to an increase in firm size or output . This result in the production of goods and services at increased per unit costs . Economics of scale leads to cost reduction .
Explanation:
Thaats what upp
Answer:
These occur when mass producing a good results in lower average cost. Economies of scale occur within an firm (internal) or within an industry (external). Internal Economies of Scale - As a business grows in scale, its costs will fall due to internal economies of scale.
Explanation:
A cost that changes in total in proportion to changes in volume of activity is a(n): Multiple Choice Variable cost. 0 Differential cost 0 Incremental cost. 0 Product cost 0 Fixed cost
Answers
A cost that changes in total in proportion to changes in volume of activity is a option a)variable cost.
Variable cost refers to the direct cost of generating goods or providing services that varies in proportion to a company's output level or business activity. This means that variable costs fluctuate as a result of changes in output levels or business activity. This cost is calculated on a per-unit basis, which means that the cost per unit varies with the number of units produced. Labor, raw materials, and direct expenses, such as utilities, are all examples of variable costs. Variable expenses also include costs like variable overhead, variable material costs, variable labor costs, and variable direct material costs. It's usually computed on a per-unit basis.
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