Interest Expense
The cost of borrowing money is referred to as interest expenditure. Interest expenditure in the income statement might represent the cost of borrowing money from banks, bond investors, and other sources.
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$50
A note payable is a type of financial instrument. In this case, the note payable is due in three months. So, after one month, we will record the following interest on the note payable:
15000*4%*(3/12) = 150
For 1 month = 150/3 = 50
The note payable was sold on December 1, and we must calculate its interest on December 31, which is one month later. As a result, we will divide total interest 150 by 3. This will provide us with one month's interest.
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This is a question on Entrepreneurship. The two sectors where Mama Meals plays are:
- Logistics and ;
- Foods/Refreshment Sectors.
<h3>What are the two reasons why Naisiadet might be described as an entrepreneur?</h3>
- The first is she knows how to identify Opportunities;
- The second is, she knows how to convert opportunities in to money making operations. See The first sentence of the first paragraph; and the first sentence of the third paragraph.
<h3>Explain Two benefits to Naisiadet of Researching the market for the proposed business</h3>
- The first benefits is that it helped her to discover the size of her market - 5% of the people in Nairobi.
- The second is that they were middle income earners.
<h3>
Was it a mistake for her not to have had a business plan?</h3>
Yes. Business plans are essential for laying out the long-term goals of a business.
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They should sell the info and make that cash cash money
Answer:
III) Increase its gross margin
Explanation:
If the company increases its gross margin, it will have a direct impact on the company's net profit. The higher a company's net profit, the higher its value = higher stock price.
The only option that increases the value of the company is to increase its net profit, since:
- an increase in inventory will result in a lower stock price
- a decrease in the asset turnover ratio will result in a lower stock price
- the issuing of stock dividends will only increase the price of stock in the short run, later the price will adjust down since the company's book value will lower
