Sylvestor Systems borrows $86,000 cash on May 15 by signing a 120-day, 6%, $86,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note. 2-b. First, compl

Answers

Answer 1

Sylvestor Systems borrows $86,000 cash on May 15 by signing a 120-day, 6%, $86,000 note. The due date can be calculated as follows:

Days in a year = 365 daysMaturity date = Issue date + 120 days Maturity date = May 15 + 120 daysMaturity date = September 12The note matures on September 12.2-a. Prepare the entry to record the issuance of the note.The issuance of the note involves the receipt of cash. Cash is debited, and the notes payable is credited. This is due to the fact that cash is received, and a promise to repay it is made.

Journal entry to record the issuance of the note will be as follows:Cash $86,000Notes payable $86,0002-b. First, complete the table that follows to show the amounts of interest and maturity value that are due at maturity.Interest = Principal × Rate × TimeMaturity value = Principal + InterestPrincipal $86,000Rate 6%Time 120 daysInterestMaturity value

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Related Questions

a) The solar installation generates electric power from sunlight and incurs operating costs for cleaning
the solar modules (sometimes called solar panels) and replacing solar modules that have failed. The
annual revenue from the electric power is variable due to variable cloudiness and solar module failure
and has a mean of $2.78m and a standard deviation of $0.32m. The annual operating costs have a mean
of $0.51 and a standard deviation of $0.12m.

calculate the mean and standard deviation of the annual profit ​

Answers

Answer:

The mean of the annual profit is $2.27 m.

The standard deviation of the annual profit is $0.3418 m.

Explanation:

Let X represent the annual operating costs for cleaning  the solar modules and replacing solar modules that have failed.

And let Y represent the annual revenue from the electric power.

It is provided that:

\(E(X)=\$0.51\ m\\E(Y)=\$2.78\ m\\SD(X)=\$0.12\ m\\SD(Y)=\$0.32\ m\)

It is known that:

Annual Profit (Z) ​= Annual Revenue (Y) - Annual Operating Costs (X)

Compute the mean of the annual profit ​as follows:

\(E(Z)=E(Y-X)\)

        \(=E(Y)-E(X)\\=2.78-0.51\\=2.27\)

The mean of the annual profit is $2.27 m.

Compute the standard deviation of the annual profit ​as follows:

\(SD(Z)=\sqrt{V(Y-X)}\)

        \(=\sqrt{V(Y)+V(X)-2Cov(X,Y)}\\=\sqrt{V(Y)+V(X)}\\=\sqrt{(0.32)^{2}+(0.12)^{2}}\\=0.3418\)

The standard deviation of the annual profit is $0.3418 m.

You earn $50,000 per year, and paid 10 percent in taxes this year. The government increased the tax rate to 20 percent for next
year. Which amount will you pay in taxes next year?

A) $1,000
B) $2.000
C) $5,000
D) $10.000

Answers

Answer:

D. $10,000

Explanation:

The answer is D because as you earn $50,000 every year, and for the next year the tax rate is 20%, 20% of $50,000 is $10,000. Hope it helps!

I have a new jewelry business but Don’t know what the price of the items should be?

Answers

Well it depends on the value of the jewelry, but if it’s high value jewelry, a price near 20-80$ would be sufficient.

he left the clinic. start's with that

Answers

Answer:

sí, salió de la clínica

Explanation:

From The Secret to Being Creative: The author quotes financial blogger Josh Brown as saying blogging is fundamentally what?
1: about creative and original thought
2: about unique content
3: about intellectual property
4: a derivative form

Answers

According to The Secret to Being Creative, the author quotes financial blogger Josh Brown as saying that blogging is fundamentally about creative and original thought. This means that bloggers should strive to create unique and innovative content that reflects their individual perspective and ideas.

Josh Brown's quote suggests that blogging is not simply a derivative form of writing or a means to generate intellectual property, but rather a platform for individuals to express their creativity and share their insights with the world. By emphasizing the importance of original thought in blogging, Brown underscores the value of authenticity and individuality in online communication. Aspiring bloggers should take this advice to heart and focus on developing their own voice and perspective, rather than simply regurgitating information or repeating what others have already said. Ultimately, the most successful bloggers are those who are able to connect with their audience through their unique and creative content, and who are able to inspire and engage others with their ideas and insights.

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What is the standard deduction for marry filing joint for tax year 2017?

Answers

Answer: $12700

Explanation:

Standard deduction refers to the portion of income that's not being subjected to tax which can be used in the reduction of the tax bill. It should be noted that the amount of one's standard deduction will be based on the age, filing status, age, as well as some other criteria.

For taxpayers who don’t itemize, it should be noted that the 2017 standard deduction depends on the filing status and this include:

Single = $6,350

Married Filing Jointly = $12,700

Married Filing Separately = $6,350

Head of Household = $9,350

Qualifying Widow(er) = $12,700

QUE ES UN CHOQUE ELECTRO SEVERO
RAPIDO RAPIDO AYUDA POR FAVOR
ES DE ELTRICIDAD PERO LE PUSE ESA MATERIA PORFAVOR AYUDAME

Answers

Answer:

un choque electro es un choque electrico

Technology improves the productivity of a farmer by enabling access to the latest prices for commodities, using satellites to view his fields, and:

Answers

Agriculture is growing daily. Technology improves the productivity of a farmer by maximizing the use of seed and fertilizer by tracking yields to improve profits.

How does technology boast productivity in agriculture?

The use of technological has lead to more productive and environmentally friendly type of agriculture. This has brought about  zero tillage, reduced tillage, mulching, integrated plant nutrient management, etc.

Technology has help to boast the productivity of a farmer by as they can use less seeds and fertilizer through the act of tracking yields to improve profits.

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12. for july, you have received a special offer of 8,000 cases of cookies at a total price of $80,000. your current production capacity per month is 200,000 cases. at the end of june finished goods ending inventory was 48,750 cases. the event organizers ordering these cookies have requested a special summer themed wrapping that will cost $1,800 for you to set-up. should you accept or reject this offer? why?

Answers

The revenue earned from selling 8,000 cases is greater than the total cost of producing and selling them, it would be profitable to accept the offer.

determine whether to accept or reject the offer, we need to calculate whether the cost of producing and selling 8,000 additional cases of cookies will be less than the revenue earned from selling them.

First, we need to calculate the total production capacity available in July:

200,000 - 48,750 (ending inventory) = 151,250 cases

This means that we have 151,250 cases available to produce in July.

Next, we need to calculate the cost of producing the additional 8,000 cases:

Cost of goods sold (COGS) per case = Total production costs / Total production volume

Assuming that the production costs per case are $0.50, the total production costs for 8,000 cases would be:

$0.50 x 8,000 = $4,000

Adding the cost of the summer themed wrapping, the total cost would be:

$4,000 + $1,800 = $5,800

Finally, we need to compare the total cost of producing and selling the 8,000 cases to the revenue earned from selling them:

Revenue = Selling price per case x Number of cases sold

Assuming that the selling price per case is $12, the revenue earned from selling 8,000 cases would be:

$12 x 8,000 = $96,000

Since the revenue earned from selling 8,000 cases is greater than the total cost of producing and selling them, it would be profitable to accept the offer.

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which type of arrangement is created when a company sells its product line to another firm that agrees to maintain its high levels of quality? joint venture wholly owned subsidiary exporting licensing

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The type of arrangement created when a company sells its product line to another firm that agrees to maintain its high levels of quality is a subsidiary.

What is a Subsidiary?

A subsidiary is a company that is controlled by another company, called the parent company. In this case, the parent company is selling its product line to the subsidiary, and the subsidiary is agreeing to maintain the high levels of quality of the product line.

This allows the parent company to retain some control over the product line while also benefiting from the subsidiary's resources and expertise.

Thus, the answer is: C. Subsidiary.

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Complete Question:

Which type of arrangement is created when a company sells its product line to another firm that agrees to maintain its high levels of quality?

A. joint venture

B. wholly owned

C. subsidiary

D. exporting licensing

Systems analysis and design is a six-phase problem-solving procedure for examining and improving an information?

Answers

Systems analysis and design is a six-phase problem-solving procedure for examining and improving information in System.

System analysis is the technique by which a character (s) research a device such that a facts device can be analyzed, modeled, and a logical opportunity can be chosen. systems analysis initiatives are initiated for three reasons: problems, opportunities, and directives.

systems analysis is "the technique of analyzing a system or commercial enterprise to pick out its goal and purposes and create systems and approaches so that it will correctly acquire them".

The definition of a System analysis is a technique of figuring out the fundamental elements of a venture and determining how to combine them in a nice way to clear up the trouble. An instance of structure evaluation is deciding the fine way to dry clothes without a garments dryer which includes by using placing them on a line inside the sun.

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True or False. The people in the stock exchange are paid a share from the investors’ profits.?

Answers

Answer:

false

Explanation:

setting goals and figuring out how to achieve them describes the function of the management process. multiple choice question. controlling organizing planning leading

Answers

Defining objectives and sorting out some way to accomplish them portrays the capability of the administration interaction planning is the capability of the executives that includes setting goals and deciding a strategy for accomplishing those targets.

Planning is the capability of the board that includes setting targets and deciding a strategy for accomplishing those goals.

There are four by and large acknowledged elements of the executives: planning, organizing, leading, and controlling. These capabilities cooperate in the creation, execution, and acknowledgment of authoritative objectives. The four elements of the board can be viewed as an interaction where each capability expands on the past capability.

Hence option (C) is correct.

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Can anyone help plzz?​

Can anyone help plzz?

Answers

Answer:

ts mad hard

Explanation

sos

Before the teams switch sides in a deciding set, Libero replacements made by the team on the left are marked on both sides of the sheet.

Answers

The given statement ''Before the teams switch sides in a deciding set, Libero replacements made by the team on the left is marked on both sides of the sheet'' is false as Libero replacements are only marked on the side of the sheet where the libero enters the game.  

In indoor volleyball, a libero (LEE'-beh-ro) is a back-row defensive specialist. Because they only play in the back row, they are often shorter than the front-row blockers and hitters but have excellent ball-control skills.

Only players in the back row may be replaced by the libero. Regular substitutions do not include substitutions involving the libero. There can be an unlimited number of libero replacements, but there must be a rally (which can include a play over) between two libero replacements.

This is because the libero can only enter the game for one player, and can only play in one position. Therefore, there is no need to mark libero replacements on both sides of the sheet.

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Complete question.

Before the teams switch sides in a deciding set, Libero replacements made by the team on the left are marked on both sides of the sheet. True or false.

What do SA and BA stand for and how do business partners work for them?

Answers

SA and BA have commonly used acronyms in business that stand for Sales Associate and Business Analyst, respectively.

A Sales Associate is a member of a sales team who interacts with customers, assists them in making purchasing decisions, and ensures that their needs are met. Sales Associates work to build relationships with customers, generate new leads, and increase revenue for the company.

A Business Analyst, on the other hand, is responsible for analyzing data, identifying trends, and making recommendations to improve business performance. Business Analysts work with stakeholders to identify business problems, develop solutions, and implement strategies to achieve business goals.

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if a loan isn‘t repaid, the__ of the borrower—used as security for the debt—could be sold by the lender.

Answers

If the loan is not repaid, the collateral of the borrower - used as security for the debt - could be sold by the lender.

What is collateral?

Collateral is the asset that a lender accepts as security for extending a loan. If the borrower doesn't make payments, the lender may take the security. Simply put, collateral is something of value that a lender may take from a borrower if the latter fails to repay a loan in accordance with the terms set forth.

It is an asset or other type of tangible property that the borrower possesses, such as a home, animals, a car, etc. The borrower receives loans from the banks based on these assets. The lender has security provided by the collateral. Therefore, collateral serves as a guarantee to the bank so that, in the event that the borrower defaults on the loan, the bank may sell the collateral and recover the loan balance.

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the information a buyer discovers while researching a product can greatly influence their purchasing decisions.

Answers

When a customer is considering a purchase, the promotion, and the sales channel are important aspects. The information a buyer discovers while researching greatly influence their purchasing decisions.

What is marketing research?

The marketing department of the company may carry out marketing research internally, or a marketing research company may carry out marketing research on the outside. The decisions made about the marketing mix or other marketing functions are then based on the information received. The decision-making process involved in choosing a product, pricing, promotion, and distribution strategy with the goal of attracting a certain demographic of customers is known as the marketing mix. Market segmentation, identifying particular target markets and their media preferences, examining consumer behavior and needs, monitoring customer satisfaction, creating new products, and analyzing various advertising executions and pricing strategies are some of the more popular marketing uses of research information. However, information from marketing research is used outside of the marketing division as well.

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A person offers you the following deal. You can have the proceeds of $2 doubled each year at the end of 15 years, or you can have $10,000 at the end of 15 years. Which deal should you take? Why?

Answers

I’d take the first answer as it getting doubled by the number so after the 4th year you’d make $65,536 which already a better deal then the second answer

Answer:

The deal I would take is the first deal.

Explanation:

I would take the first deal because as it's getting doubled by the number after the fourth year you would make $65,536 which is way more money then $10,000 at the end of 15 years.

With regard to current GASB standards for pension reporting, do the following: a. Distinguish between (1) defined contribution plans and (2) defined benefit plans. b. Distinguish between (1) agent and (2), cost-sharing multiemployer plans. c. Define the following terms: (1) plan fiduciary net position and (2) net pension liability.

Answers

Regarding GASB standards for pension reporting: Defined contribution plans and defined benefit plans differ in terms of the benefits they provide and the way they are funded.

a. Defined contribution plans and defined benefit plans differ in terms of the benefits they provide and the way they are funded. In a defined contribution plan, the employer contributes a specific amount to the employee's retirement account, and the future benefit depends on the investment performance of those contributions.

In contrast, a defined benefit plan guarantees a specific benefit upon retirement, usually based on factors like years of service and salary, and the employer is responsible for funding the plan to ensure the promised benefits can be paid.

b. Agent and cost-sharing multiemployer plans are two types of multiemployer pension plans. In an agent multiemployer plan, each participating employer's assets and liabilities are accounted for separately, and the employer is responsible for its own pension liabilities.

In a cost-sharing multiemployer plan, all participating employers pool their assets and liabilities together, sharing the costs and risks associated with the pension benefits.

c. Plan fiduciary net position refers to the difference between the total assets and total liabilities of a pension plan, representing the plan's financial position.

Net pension liability is the difference between the total pension liability (the present value of projected future pension payments) and the plan fiduciary net position. In other words, it represents the amount of pension obligation that is not covered by the plan's assets.

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Complete question:

With regard to current GASB standards for pension reporting, do the following:

a. Distinguish between defined contribution plans and defined benefit plans.

b. Distinguish between  agent and  cost-sharing multiemployer plans.

c. Define the following terms:  plan fiduciary net position and net pension liability.

If bank with leverage of 8 to 1 increases its assets by adding $1 to capital for every $1 added to assets:
a. leverage increases.
b. leverage decreases.
c. leverage stays constant.
d. the answer cannot be determined from the information in the question.

Answers

If a bank with a leverage of 8 to 1 increases its assets by adding $1 to capital for every $1 added to assets: leverage decreases. Thus, option B is the correct option.

Leverage falls if an 8:1 bank raises assets by increasing capital by $1 for every $1 growth in assets. Deleveraging is the process through which a business or person tries to reduce their overall financial leverage. Deleveraging, then, is the elimination of debt and the polar opposite of leverage.

Paying up any outstanding debts and commitments on an entity's balance sheet right away is the quickest approach to deleveraging. If unable to do so, the business or person may be at an elevated risk of default. Deleveraging aims to lower the proportion of a company's balance sheet that is supported by liabilities.

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Kristina works at a coffee shop. She can produce 200 coffee drinks in four hours. What is her productivity for one hour?

Answers

Answer: She can produce 50 drinks in 1 hour, 200/4 = 50

Answer:

50

Explanation:

divide 200 by 4

hope this helps dont 4get to like and star

-mercury

What system did merchants in early centuries use to make commercial transactions easier

Answers

In the early centuries, merchants made use of the Mercantilism system for commercial transactions.

What is Mercantilism?

In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.

Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.

According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.

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Conflicts of Interest Between Ethical Standards Manuel knows that his company plans to purchase land near his friend Samantha's house and sell it to a developer that would build a large facility that would bring traffic and noise to the currently quiet area. The deal is to remain a company secret until it is made, but Manuel wants to let Samantha know what is going to happen so she can plan for it What conflict of interest is Manuel faced with? What sets of standards conflict here? Type answer here...​

Answers

Noggjahaj swishing Sinai

Describe the major components of business conduction plan.

Helppp AHHHH

Answers

Answer:

Heya there!

Here's ya answer.

Executive summary Business description and structure Market research and strategiesManagement and personnel Financial documents Founder (team) and business leadershipCo-workers and business coordination

Explanation:

Markets for individuals looking to buy products or services for personal or household use are called _____.

Answers

When an individual wants to buy goods and services for personal or household use, they can go to a Consumer Market.

What is a consumer market?

This is a market where final goods and services are sold to consumers for their personal or household use.

Such a market includes all those who sell directly to consumers such as retailers, and food markets.

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Drag each label to the correct location on the image.

Match the activities with the relevant accounting principles.

a document backs a
transaction

a practice eliminates the
bias of the accountant

a company maintains the
same accounting practices
across accounting periods

an auditor approves
the authenticity of a
transaction

/ Objectivity

/ Consistency

Answers

Here is the correct matching:

a document backs a transaction - Objectivitya practice eliminates the bias of the accountant - Objectivitya company maintains the same accounting practices across accounting periods - Consistencyan auditor approves the authenticity of a transaction - Objectivity

What are these accounting principles.

In accounting, objectivity is the principle of relying on verifiable evidence and eliminating personal bias. This includes having supporting documents for transactions and ensuring that auditors assess authenticity without bias.

Consistency is another principle that requires maintaining the same accounting practices across periods to allow for meaningful comparisons. These principles contribute to accurate and reliable financial reporting.

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Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instance (RI) discounts across multiple accounts and also apply service control policies on member accounts. Which service or tool can be used to gain these benefits

Answers

The service or tool that could be used for gaining the benefits should be AWS  Orgs.

The information related to AWS Orgs is as follows:

AWS Organization should be an account management service. In this, there are multiple AWS accounts that should be consolidated for developing and managing. As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.

Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS  Orgs.

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Select all of the benefits to buying a home.

Select all of the benefits to buying a home.

Answers

Answer:

The value of the home generally increases over time

The quality of your home increases

Once the mortgage is paid in full you own the home

You can make improvements in the place

Which of the following is inevitable when working in the ever-evolving IT world?
A. a new job every year
B. being promoted quickly
C. facing change frequently
D. working in a US-only field

Answers

An option that is inevitable when working in the ever-evolving IT world is C. facing change frequently.

How fast is the IT world evolving?

Only a few decades ago, owning a private computer that would help with basic tasks was not possible as the smallest computers could fill up rooms. Then decades later, we have smartphones which are the equivalent of computers and can be carried around.

These smartphones are also being improved on such that they are slimmer and faster. This is an example of how fast things change in the ever-evolving IT world which means that a person working there will be facing facing change frequently.

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research suggests that maternal exposure to influenza or other viruses during the second trimester may increase risk of schizophrenia in the child by which mechanism? I need help with this question Please help its due in 30 minutes will mark braniliest Proponer un modelo donde se puedan poner en prctica los conceptos de voltaje y potencia. TRUE/FALSE. in the past several decades, the supreme court has struck down congressional delegations of power to the president for being constitutioanlly too broad Kerry made fruit punch for the party. She made 62 quarts of fruit punch. She divided the punch into 8 containers equally. How much punch did each container hold? Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2018, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2018, follow. Additional Information Itemsa. An analysis of WTIs insurance policies shows that $2,400 of coverage has expired. b. An inventory count shows that teaching supplies costing $2,800 are available at year-end 2017. c. Annual depreciation on the equipment is $13,200. d. Annual depreciation on the professional library is $7,200. e. On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,500, and the client paid the first five months fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2018. f. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,000 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTIs accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual. )g. WTIs two employees are paid weekly. As of the end of the year, two days salaries have accrued at the rate of $100 per day for each employee. h. The balance in the Prepaid Rent account represents rent for December. Debit CreditCash 34,000Teaching supply 8,000Prepaid Insurance 12,000Prepaid rent 3000Professional library 35,000Account payable 26,000unearned training fee 12,500Prepare T-accounts (representing the ledger) with balances from the unadjusted trial balance Solve. Check your answer. -3/z + 7/4z = 5/z-25 policy experts suggest that an effective way to deal with terrorism is to: In which order do the components of an effective introduction appear? General information about the topic, hook, thesis statement Hook, thesis statement, general information about the topic Hook, general information about the topic, thesis statement Thesis statement, general information about the topic, hook Fat cells in the body increase in size when energy intake is greater than energy expended, resulting in weight gain. a. Trueb. False what is the category of hazard that may result when pesticides are stored in unlabeled containers? Label the steps of the water cycle below(HELP PLEASE) Consider the following aternatives: 1. $100 received in one year Ii. $300 received in 5 years ii. $500 received in 10 years a. Rank the altematives from most valuable to lonst valuable if the interest rate is 25% per year. b. What is your ranking if the interest rate is only 15% per year? c. What is your ranking it the interest rate is 35% per year? a. Rank the alternatives from most valuable to least valuable it the interust rate is 25% per year, Choose the coirnct antwer below. A. Option 1> Option iili > Option it B. Option ii > Option iii > Opeion i c. Option if > Option ii > Option i. D. Option iili > Option i > Option it E. Option e > Option i> Option iii F. Option I > Option ii > Option iii what change did the national census of 1890 indicate that had not previously occurred in u.s. history? the basic needs standard for a family of four is $420.00. the total income for the smith family of four is $180.00 per month, of which the first $30.00 plus one-third of the remainder is disregarded in determining countable income. the amount of the payment is based upon a reduced standard of 75% of the basic needs standard less the family's countable income. how much will the smith family receive per month if they apply for assistance? Consider the quadratic function f(x) = x2 5x + 12. Which statements are true about the function and its graph? Select three options. The value of f(10) = 82 The graph of the function is a parabola. The graph of the function opens down. The graph contains the point (20, 8). The graph contains the point (0, 0). What is 54 in the ratio 5:11:2 When Secure FTP (SFTP) is used for confidential data transfer, what protocol is combined with FTP to accomplish this task A body of mass 9kg moves with simple harmonic motion with a frequency of 75 complete oscillations per minute. At the maximum displacement, the acceleration of the body is 14.4 m/s^2.Determine:a. The amplitude of the oscillationb. The displacement of the body from the midpoint when the force acting on the body is 67N