Business, 22.04.2020 03:34 maddylucas
Phipps Company borrowed $16,000 cash on October 1, 2014, and signed a six-month, 6% interest-bearing note payable with interest payable at maturity. Assuming that adjusting entries have not been made during the year, the amount of accrued interest payable to be reported on the December 31, 2014 balance sheet is which of the following?a $240.b $360.c $120.d $480.
Answers: 3
Business, 22.06.2019 03:00
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 1
Business, 23.06.2019 01:20
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)
Answers: 3
Business, 23.06.2019 01:30
Bmw receives data transmitted by each new vehicle it sells to employees understand how customers use the products and when service may be needed. this use of technology aids in bmw's efforts to interact in an ongoing basis with its customers.
Answers: 1
Business, 23.06.2019 01:50
Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?
Answers: 3
Phipps Company borrowed $16,000 cash on October 1, 2014, and signed a six-month, 6% interest-bearing...
English, 04.05.2021 19:20
Mathematics, 04.05.2021 19:20
English, 04.05.2021 19:20
English, 04.05.2021 19:20
Mathematics, 04.05.2021 19:20
Social Studies, 04.05.2021 19:20
Mathematics, 04.05.2021 19:20
Arts, 04.05.2021 19:20
Chemistry, 04.05.2021 19:20
Mathematics, 04.05.2021 19:20
History, 04.05.2021 19:20
Social Studies, 04.05.2021 19:20