Answer:
The Journal entry that Oriole Company will make to pay off the note and interest at maturity assuming that interest has been accrued to September 30 will be:
Dr Notes Payable 560,000
Dr Interest Payable 25,200
(560,000*6%*9/12)
Cr Cash 585,200
(560,000+25,200)
Explanation:
Based on the information given where Moss County Bank agrees to lend the Oriole Company $560000 on January 1 this means we have to Debit Note payable with 560,000 and since Oriole Company signs a $560000, 6%, 9-month this means we have to Debit Interest payable with 25,200 (560,000*6%*9/12) and Credit Cash with 585,200 (560,000+25,200).
Net annual cash flows
1,200+10,000=11,200
Net present value is
PV of annual cash flows-project investment
11,200×2.4018−30,000=(3,100)
Answer: The answer is B, the logical activity base for salary expenses is Number of employees.
Explanation:
For a restaurant, the logical activity base for salary expenses is the number of employees because the more employees you have, the more salary expenses the company will have.
Answer:
Positive.
Explanation:
A linear function has a positive relationship and as such an increase in one variable (input variable) causes an increase in the other variable (output variable) i.e the variables are directly proportional. Thus, the graph of a linear function is a straight-line and its slope is always constant.
On the other hand, nonlinear function has a negative relationship and as such an increase in one variable (input variable) causes a decrease in the other variable (output variable) i.e the variables are inversely proportional.
This ultimately implies that, the graph of a nonlinear function is a curved line and whose direction is constantly changing
In this scenario, the relationship between numbers of adjectives and newspaper sales must be positive because the higher the amount of adjectives put in the titles of her articles, the greater the number of newspapers that would be sold on a particular day.
Compliance refers to the practice of ensuring that an organization's systems operate within required legal constraints, and organizational obligations.
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What is Compliance?</h3>
Compliance as used by Government,Industry and Business is defined as the state or practice of following established guidelines or specifications so as to align with the Specific standard of operation and procedures.
Some Regulatory compliance examples includes:
- Health Insurance Portability and Accountability Act (HIPAA)
- Federal Information Security Management Act (FISMA)
- Occupational Safety and Health Administration (OSHA).
It is therefore pertinent that Business and organisation adhere to specific guidelines to ensure smooth running of such organsations.
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