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Rasek [7]
2 years ago
10

On November 1, 2020, ABC, Inc., received a 3-month, $1,500 note receivable with the 8% annual interest and principal to be colle

cted on February 1. What is the amount of interest revenue that should be recorded for the year ended December 31, 2020? Multiple choice question. $120 $60 $30 $80 $20
Business
1 answer:
LiRa [457]2 years ago
7 0

The amount of interest revenue that should be recorded for the year ended December 31, 2020 is $20 .

<h3>Interest revenue </h3>

Interest revenue represents how much interest a company earned during a specific time period. This is interest earnings on any investments the business has or debts it has provided to an individual or other entity.

Learn more about interest revenue here :

brainly.com/question/19165765

#SPJ4

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The accounts below all have normal balances.
Daniel [21]

Answer:

its tooooooooooooooooooo length to answer

it have time for this

thankyou

3 0
3 years ago
Qu. 13-95 (Algo) Two products, QI and VH, emerge from a joint process... Two products, QI and VH, emerge from a joint process. P
Andrews [41]

Answer and Explanation:

The computation of the financial advantage or disadvantage is as follows:

<u>Particulars                                              Product Q1 </u>

Selling price after further processing  13.00

Selling price at split off point                 11.00

Incremental revenue per pound or gallon 2.00

Total production                                    2,200.00

Total Incremental Revenue                 4,400.00

Total Incremental Processing costs        10,200.00

Total Incremental profit or loss                   (5,800.00)

Since there is an incremental loss so the same would be Sold at split off

7 0
3 years ago
How do you apply force field analysis and brainstorming techniques to a complex business
cluponka [151]

Brainstorming is a technique for the decision making, it encourages arguments between the individuals but this sometimes result in conflicts and disagreements.

<h3 /><h3>What is decision making?</h3>

Decision making is the technique in which the decision is decided, according to the situation and after careful analysis of the environment decision is made.

Force Field technique is a decision making technique, in this technique the participants write the decision in the middle of the paper and list the forces that require and resisting changes.

Decision making techniques are important and should be used to make an effective decision, in a complex business it is difficult to apply the technique but it is also important to implement the technique.

Brainstorming is the technique in which all the participants sit together and share their ideas while some challenge the ideas and so a decision with an agreement is made.

Learn more about Decision making at brainly.com/question/27272241

#SPJ1

6 0
2 years ago
You run a hospital with 100 rooms. Fixed daily cost is $880.00 which includes staff salary, property charges, maintenance etc. V
andrew-mc [135]

Answer:

$924

Explanation:

The computation of the profit/loss is shown below:

= Sale - variable cost - fixed daily cost

where,

Sale = Selling price per room × Number of rooms sold

= $55 × 41 rooms

= $2,255

And, the variable cost would be

= Variable cost per room × Number of rooms sold

= $11 × 41 rooms

= $451

And, the fixed daily cost is $880

Now put these values to the above formula

So, the value would be equal to

= $2,255 - $451 - $880

= $924

7 0
3 years ago
If consumers start to believe they need a product, what is likely to happen?
Contact [7]

Answer:

Option A

Explanation:

Less elastic Demands means ,there will be less effect on the demand of a product if the price of product changes.

5 0
3 years ago
Read 2 more answers
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