Interest Payable; $750 Based on the information given On December 31, he will record an adjusting entry by crediting INTEREST PAYABLE in the amount of $750
which is Calculated as:
Interest Payable=$90,000*.05*(60/360)
Interest Payable=$750
In finance and economics, hobby is price from a borrower or deposit-taking economic organization to a lender or depositor of an quantity above compensation of the foremost sum (that is, the amount borrowed), at a selected charge.[1] it's far awesome from a price which the borrower may also pay the lender or a few third celebration. it is also distinct from dividend that is paid through a organisation to its shareholders (owners) from its income or reserve, but no longer at a particular rate decided beforehand, rather on a pro rata foundation as a proportion in the praise gained by using risk taking marketers when the revenue earned exceeds the total prices.[2][3]
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Is when a lender charges interest on the interest that accumulates on
debt.
A. Simple interest
B. Variable interest
C. Compound interest
D. Principal interest
Answer:
compound interest
Explanation:
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.
Compound interest is when a lender charges interest on the interest that accumulates on debt. The correct option is c.
What is compound interest?Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest. The power of compound interest is the creation of "interest on interest." The frequency plan for compounding interest can be set to be continuous, daily, or yearly.
In order to compute compound interest, multiply the principle of the original loan by the annual interest rate multiplied by the number of compound periods minus one. You will then be left with the principal amount of the loan plus compound interest.
Therefore, the correct option is c. Compound interest.
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Everett had some emergency expenses and doesn't have enough money to
pay his rent. He wants to borrow money against his earnings at work and pay
it back from his next paycheck. This type of loan is called a
A. title loan
B. line of credit
O C. mortgage
D. payday loan
Answer:
d is the correct answer
Explanation:
key words like paycheck , earnings, borrow ,and pay it back leads you to believe that he is asking for a payday loan.
Everett wants to borrow money against his earnings at work and pay it back from his next paycheck. Payday loans are this kind of loan.
What is a loan?
A loan is any sum of money, a piece of property, or other tangible item that is given to another party with the understanding that it will be paid back, plus interest, at a later date.
Payday loans are classified as short-term loans. Usually come in tiny amounts and must be paid back within two to four weeks. They are legal in most states and are also referred to as cash advance loans.
As a result, option (d) is accurate.
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You are the author of what promises to be a successful novel. You have the option to either publish the novel yourself or through a publisher. The publisher is offering you R20,000 for signing the contract. If the novel is successful, it will sell 200,000 copies. If isn't it will sell only 10,000. The publisher pays a R1 per copy. A market wo survey by the publisher indicates that there is a 70% chance that the novel will be successful. If you publish the novel yourself, you will incur an initial cost of R90,000 for printing and marketing, but each copy sold will net you R2. copy sold will net you R2. - Set up a payeff matrix
The pay-off matrix for the decision to publish the novel yourself or through a publisher is as follows:
| | Novel Successful (70%) | Novel Not Successful (30%) |
|----------------|------------------------|---------------------------|
| Publish Alone | -70,000 | -80,000 |
| Publish through Publisher | 120,000 | -20,000
|
How is the pay-off matrix constructed?The pay-off matrix is constructed by considering the potential outcomes and pay-offs associated with each decision. In this case, there are two decisions: publishing the novel alone or through a publisher. The potential outcomes are whether the novel is successful or not.
For the decision to publish alone, if the novel is successful, the author incurs an initial cost of R90,000 but earns R2 per copy for each of the 200,000 copies sold. If the novel is not successful, the author still incurs the initial cost but earns R2 per copy for each of the 10,000 copies sold.
For the decision to publish through a publisher, if the novel is successful, the author receives R20,000 upfront from the publisher and earns R1 per copy for each of the 200,000 copies sold. If the novel is not successful, the author still receives the upfront payment but earns R1 per copy for each of the 10,000 copies sold.
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WHATS AN APPLE PLZ TELL ME OR I WILL STEAL YOUR TOES
Answer: an apple is a fruit that grows from trees
Explanation:
Answer:
An apple is a fuit that is very popular. They have a variety of kinds with different colors. Many people enjoy apple slices with peanut butter. Although some people cut apples into slices others just take a bite out of it.
In the center they have a core which holds the seeds. That part is not fun to eat so just throw it away.
true or false: according to the chapter, corporate brands are also known as store brands or regional brands.
The statement is True. According to the chapter, corporate brands are also known as store brands or regional brands.
A company existence cycle is the levels of increase and improvement that almost every corporation is going through from the initiation of the organization to its stop, which can be available a ramification of ways. The four tiers of a commercial enterprise lifestyles cycle are Startup degree. Growth and established order level.
Company jobs are positions inside a company corporation. This is typically the way an employee functions within a bigger business enterprise, organization, or employer, which could every now and then be composed of several branches in special regions or global places.
In case you consider getting perks and investing your time in a methodical kind of painting, then running in an organization is clearly worth it. On the other hand, in case you believe that your creativity might be restrained and also you want to expand your very own ideas, then working in a company won't be a terrific concept.
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three brothers operating a business where the action of one brother is binding on the other two brothers
what type of business organization is this?
Considering the situation above, the type of business organization is "General Partnership."
This is because General Partnership, like other types of partnership in the business organization, usually involves a minimum of two people and a maximum of fifty people.
In the general partnership arrangement, all partners have independent authority to bind the business to agreements and loans and are equally liable to debts and legal obligations.
Given that the action of one brother is binding on the other two brothers, this is a form of General Partnership.
Other types of the partnership include the following:
Limited partnershipLimited liability partnershipLimited liability limited partnership.Hence, in this case, it is concluded that the correct answer is General Partnership.
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2. What are the problems can someone have without personal finance knowledge?
Is anyone part of the Tallo Community?
Answer:
yes
Explanation:
yes
What are the 4 types of lines in math?
the 4 types of lines in math Types of Line:Horizontal Lines.Vertical Lines.Parallel Lines.Perpendicular Lines.
Quantities and their variations, shapes and the areas in which they reside, formulas and related structures, and numbers are all examples of mathematical concepts. Number theory, algebra, geometry, and analysis, respectively, are the four primary branches of modern math that deal with these subjects. There isn't a consensus among mathematicians over a common definition for their academic discipline.
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What is the role of the three questions of economics?
Answer: is to act as the basic principle of production decision making. "What to produce", "How to produce", and "For whom it should be produced" are the three basic questions of economics
Explanation:
What is the Disadvantage of fair trade?
Answer:
Losing a valuable
Explanation:
When trading there is always a valuable lost after. But if fair trading, you get new valuable
Answer:
One of the most commonly cited disadvantages of fair trade is paying premium prices. The cost of fair trade products tends to be higher, but are people willing to stump up the extra cash?
Explanation:
In a Venn diagram, the separate circles contain characteristics unique to each item being compared and the intersection contains characteristics that are common to both items being compared. The following Venn diagram compares two career pathways in the Law, Public Safety, and Security career cluster.
Which correctly lists the titles of the Venn diagram?
Title 1 should be "Corrections," and Title 2 should be "Security and Protective Services."
Title 1 should be "Security and Protective Services," and Title 2 should be "Law Enforcement."
Title 1 should be "Corrections," and Title 2 should be "Legal Services."
Title 1 should be "Law Enforcement," and Title 2 should be "Legal Services."
Answer:
c
Explanation:
this is right if what i think if correct
Answer:
c
Explanation:
A process cost summary is a managerial accounting report that describes:
A. The costs charged to a department.
B. The equivalent units of production by the department.
C. How the costs were assigned to the output.
D. Physical transfers for a department.
E. All of the above.
Answer: E. All of the above.
Explanation:
A process cost summary is a managerial accounting report that provides an overview of the production process for a department or a manufacturing operation.
It contains information about the costs charged to the department, the equivalent units of production by the department, how the costs were assigned to the output, and physical transfers for a department.
The process cost summary is an important tool for managers to monitor and control production costs, and to make decisions about pricing, inventory levels, and production volume.
It allows managers to see the total cost of producing a unit of output and to analyze the different components of that cost, such as direct materials, direct labor, and overhead.
By analyzing the process cost summary, managers can identify areas where costs can be reduced, where production can be improved, and where resources can be allocated more efficiently.
This information can be used to improve the profitability of the company and to maintain competitiveness in the market.
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A __________ is a combination of parts that function collectively to achieve a desired outcome.
A computing system is a combination of parts that function collectively to achieve a desired outcome. Computer device. a grouping of one or more computers, shared storage, and related software. synonyms include computer system, automated data processing system (ADP system), and ADPS, backup system kinds.
A system for backing up data on a computer. Mobile phones, keyboards, touchscreens, barcode scanners, touchpads, and other computer device are only a few instances of modern computer systems that we utilize. Library systems, emails, vacation reservations, cash registers, and the internet are all examples of computing system that we use on a daily basis.
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True or false: All other things being equal, taxpayers should prefer to recognize income during high-tax-rate years.
The statement that All things being equal, taxpayers, should prefer to recognize deductions during high tax-rate years is True.
Who are taxpayers?The taxpayers are individuals or organization that is been given responsibility by the government to pay their tax.
However, taxpayers, should prefer to recognize deductions in the period of income during low-tax rate years.
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Why is the price floor above the equilibrium point and the price ceiling below the equilibrium point? Please explain as well!
Answer:
THE GIVEN STATEMENT IS WRONG.
The prices and the quantities of the products are usually set up by considering demand and supply. Sometimes, people may not agree with the price of a certain thing. Due to these reason, the government may set a maximum and minimum price limits on a product so it always remains in a certain range.
The upper limit is Price Ceiling. When a Price Ceiling is set below the equilibrium point, the demand will exceed the supply and shortages will occur.
The lower limit is Price Floor. When a price floor is set above the equilibrium point, the supply will exceed the demand, resulting in surplus quantity of a product
Business executives view foreign direct investment as a way to:________
Business executives view foreign direct investment as a way to expand their operations and access new markets, Acquire new technologies and expertise, Lower costs and increase efficiency, Mitigate risks, and diversify their investments.
Business executives view the foreign direct investment as a way to:
Expand their operations and access new markets: By investing in foreign countries, businesses can tap into new markets, diversify their customer base, and generate new revenue streams.Acquire new technologies and expertise: Foreign direct investment can allow businesses to gain access to new technologies, research and development, and expertise that can help improve their products, services, and overall operations.Lower costs and increase efficiency: Investing in countries with lower labor or production costs can help businesses reduce their operating expenses and increase efficiency, which can ultimately lead to higher profits.Establish strategic partnerships: Foreign direct investment can also provide an opportunity for businesses to establish strategic partnerships with local companies, governments, and organizations, which can help them gain a competitive advantage in the global market.Mitigate risks and diversify their investments: Investing in multiple countries can help businesses diversify their investments and reduce their exposure to risks such as political instability, economic downturns, or changes in local regulations.For more such questions on Foreign Direct Investment: brainly.com/question/27540611
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Which of the following statements about savings accounts is FALSE? Savings accounts may
Answer:
savings accounts allow an unlimited amount of withdraws each month
Explanation:
The yield to maturity on one year zero coupon bonds is 7.3%. Tthe yield to maturity on two year zero coupon bonds is 8.3%.What is the forward rate of interest for the second year?
Answer:
Assume the forward rate for year 2 = i YTM 2 year maturity bond 8.30% YTM 1 year maturity bond 7.30% So , 1.083^2 =(1.073)^*(1+i) [equivalent yield in 2years]…
Cara Fabricating Co. and Taso. Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,000. After Taso completed the work at a cost of $90,000, Cara notified Taso that the compressor was no longer needed. Taso is holding the compressor and is demanding payment from Cara. Taso has been unable to resell the compressor for any price. Taso incurred storage fees of $2,000. If Cara refused to pay Taso and Taso sues Cara, what is the most damages Taso will be entitled to recover
Here's link to the answer:
bit.\(^{}\)ly/3a8Nt8n
The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $61,903 $60,100 Long-term debt 41,340 53,000 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers. Amount of Change Increase/Decrease Percentage Accounts payable $fill in the blank 1 Increase fill in the blank 3 % Long-term debt $fill in the blank 4 Decrease fill in the blank 6 %.
Amount of Change:
1. Accounts payable: $1,803 (Current Year - Previous Year)
4. Long-term debt: $11,660 (Previous Year - Current Year)
Percentage Change:
3. Accounts payable: 3% ((Amount of Change / Previous Year) * 100)
6. Long-term debt: 22% ((Amount of Change / Previous Year) * 100)
In the current year, the accounts payable balance increased by $1,803 compared to the previous year, representing a 3% increase. This indicates that the company's outstanding obligations to suppliers have slightly grown. On the other hand, the long-term debt balance decreased by $11,660, reflecting a 22% decrease compared to the previous year. This reduction suggests that the company has made progress in repaying its long-term debt obligations. Horizontal analysis, which compares financial statement items over time, provides insights into the changes in the company's financial position and helps identify trends and areas of improvement or concern.
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world bank records indicate that in 2010, the total fertility rate in puerto rico was 1.6 and population size was 4,000,000. if the crude net migration rate was -1.0, then the best estimate of the population in 2012 is
The population in 2012 would be 3,960,000. The crude net migration rate is the number of people leaving the country per 1,000 people. This means that for every 1,000 people in Puerto Rico in 2010, 10 people left the country.
What is population?
A population is the entire set of individuals, if that group is a nation or a group of people who share a characteristic. A population in statistics is the group of people from whom a statistical sample is drawn for a study. As a result, any group of people who share a characteristic can be called a population. A sample can also refer to a statistically meaningful subset of a population, rather than the entire population. As a result, a statistical analysis of a sample must document the estimated standard deviation, or standard deviation, of its overall population results. Only a population-wide analysis had no standard error.
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when should the proceeds from an issue of debt securities having stock warrants not be allocated between debt and equity features?
The proceeds from an issue of debt securities having stock warrants not be allocated between debt and equity feature The warrants issued with the debt securities are nondetachable.
Bonds (authorities, corporate, or municipal) are one of the most common sorts of debt securities, however, there are numerous one-of-a-kind examples of debt securities, along with favored stock, collateralized debt duties, euro commercial paper, and mortgage-subsidized securities.
Debt securities are monetary assets that entitle their owners to a movement of interest payments. Unlike fairness securities, debt securities require the borrower to repay the primary borrowed. The hobby fee for debt security will depend upon the perceived creditworthiness of the borrower.
Debt securities are monetary assets that entitle their owners to a stream of interest payments. In contrast to equity securities, debt securities require the borrower to repay the most important borrowed. Fairness securities represent ownership claims on an organization's internet assets.
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all of the following are included in the decision-making metric excepta.the admired observer test.
b.the legality test.
c. the moral mentor test.
d. the publicity test.
e. the transparency test.
The decision-making metric except the admired observer test. The metrics serve as guidelines for time, money, and resources and are also used for team decision-making, assessing the skills and capabilities of each team member, and inspiring the QA team to work as efficiently as possible.
Metrics also assist us in understanding customer expectations and process flaws. The metrics serve as guidelines for time, money, and resources and are also used for team decision-making, assessing the skills and capabilities of each team member, and inspiring the QA team to work as efficiently as possible. Metrics also assist us in understanding customer expectations and process flaws.
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What major road (just south of the youngstown state university campus) is an abandoned rail line? please include the compete name for full credit.
Pittsburgh & Lake Erie Railroad Gateway Yard major road (just south of the Youngstown state university campus) is an abandoned rail line.
What is railroad?
The term “railroad” refers to a defunct rail track. The railroad's track does not change and is permanent. In the seventeenth century, the railroad brought England into the world. Two parallel lines are permanently installed on the railroad track.
The Pittsburgh and Lake Erie Railroad was located in Youngstown, Ohio, and is an abandoned rail line. It was the development of 1957. Gateway Yard was in charge of this central location of the railroad.
As a result, P&LE was the is an abandoned rail line.
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which practice gives a company a sense of purpose beyond making a profit?
Conscious marketing gives a company a sense of purpose beyond making a profit.
What is conscious marketing?A customer-focused marketing strategy known as conscious marketing places its target market at the front of the priority list. Businesses conduct market research, examine consumer behavior, and pinpoint purchasing trends to create strong and creative marketing strategies to meet their customers' requests.
Businesses support the best purchasing decisions that have a big impact on their target customers' lives. With conscious marketing, they put greater emphasis on the preferences and needs of the customers.
Businesses can increase sales by prioritizing and putting their customers' needs first by using conscious marketing. However, we've highlighted a few reasons why businesses need conscious marketing in case you have any trouble comprehending the marketing.
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the general pattern of expansion and contraction that the economy goes through.
The general pattern of expansion and contraction that the economy goes through is known as the business cycle.
This cycle is characterized by periods of growth and expansion, followed by periods of contraction and recession. The expansion phase is typically marked by rising employment rates, increased consumer spending, and higher levels of production and investment.
This is often driven by factors such as low interest rates, government stimulus, and a general sense of optimism among businesses and consumers. However, this growth phase eventually reaches its peak and begins to slow down, leading to a contraction phase.
During this period, businesses may start to cut back on spending and investment, and consumers may become more cautious in their spending habits. This can lead to rising unemployment rates, lower levels of production, and a general slowing of economic activity.
Overall, the business cycle is a natural part of the economy, with periods of expansion and contraction following a cyclical pattern. While it can be difficult to predict exactly when these cycles will occur, understanding the general trends and factors that contribute to them can help individuals and businesses make informed decisions about their finances and investments.
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When text is indented in an outline, what does that usually mean?
A.
The indented text is not very important.
B.
The viewer should ignore the indented text.
C.
The speaker should spend more time talking about the indented text.
D.
The indented text supports the main idea above it.
Answer:
D
Explanation:
its is D because why not ight
Answer:
D. The indented text supports the main idea above it.
Explanation:
Got a 100! This answer was correct.
Kelly clocks into work every morning on time, then she uses the first ten minutes of her shift to get coffee, use the restroom, and chat with her colleagues. Is Kelly’s use of time ethical, or unethical? Why?
Kelly's use of time can be considered unethical as she uses the first ten minutes of her shift to get coffee, use the restroom, and chat with her colleagues.
Let's discuss why her actions can be considered unethical below:
Reasons, why Kelly's use of time can be considered unethicalKelly's use of time, can be considered unethical for a few reasons. Firstly, Kelly is being paid for her time, and her employer expects her to work during her shift hours. By taking ten minutes to complete tasks that are not work-related, she is essentially stealing time from her employer. This behavior can lead to decreased productivity, which is not only bad for the employer but also for Kelly herself.
Secondly, Kelly's use of time can be considered unethical because it violates the trust that her employer has placed in her. When an employee is hired, they are trusted to use their time and skills to perform their job duties to the best of their ability. By spending ten minutes on non-work-related tasks, Kelly is not fulfilling this obligation, and her employer may begin to doubt her ability to be productive at work.
Finally, Kelly's use of time can be considered unethical because it sets a bad example for her colleagues. If Kelly's colleagues see her spending ten minutes chatting with them instead of working, they may be tempted to do the same. This behavior can lead to a decrease in productivity and can create a negative work environment.
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when choosing an area for research, we usually start either with a broad area of management, such as marketing or operations management, or a practical question that needs to be answered to help managers with decision-making
TRUE - when choosing an area for research, we usually start either with a broad area of management, such as marketing or operations management, or a practical question that needs to be answered to help managers with decision-making.
Control (or dealing with) is the administration of an organization, whether or not it's miles a business, a non-earnings organization, or a government body. It's far the art and technology of handling resources of the business. Control includes the activities of putting the strategy of a corporation and coordinating the efforts of its personnel (or of volunteers) to accomplish its objectives via the utility of to-be-had sources, which include monetary, natural, technological, and human sources. "Run the enterprise"[1] and "change the business" are principles that might be used in management to distinguish between the continued shipping of products or offerings and adapting of goods or services to satisfy the changing needs of clients - see trend. The term "management" might also seek advice from the ones folks that manipulate a company—managers.
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