On December 1, 2021, Davenport Company sold merchandise to a customer for $24,000. In payment for the merchandise, the customer signed a 8% note requiring the payment of interest and principal on March 1, 2022. How much interest revenue will the company recognize during 2021 and 2022
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Business, 21.06.2019 15:50
2. you take $100 you had kept under your mattress and deposit it on your bank account. if this $100 stays in the banking system as reserves and if banks hold reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? by how much does the money supply increase?
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Business, 21.06.2019 20:30
technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f
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Business, 22.06.2019 00:50
cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a fiveâday leadâtime. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminusâservice level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units
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Business, 22.06.2019 07:10
Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?
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On December 1, 2021, Davenport Company sold merchandise to a customer for $24,000. In payment for th...
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