Bioethanol production from corn should not be encouraged.
One important reason why the production of ethanol from corn is a bad idea is that it brings about a poor enegy return on the investment.
Furthermore, the production of corn will leave to major nutrient pollution and it's energy intensive. Also, the prices of corn will increase and this will have a negative effect on the income of the people as it'll lead to a reduction in their purchasing power.
In conclusion, bioethanol production from corn should be discouraged,
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Answer:
For Plato the answer is D: Avoid quoting too high a price.
Explanation:
I got it right
Answer: $189
Explanation:
The amount that Oracle Corporation report as bad debt expense for the year will be calculated as:
Balance in allowance at the end of the year = $371
Add: Accounts written off during the year = $188
Less: Balance in allowance at the beginning of the year = ($370)
Bad debt = $189
Answer:
The court gave judgement against Dean because of fraud.
Explanation:
In the context, it is given that General Electric did business with Dean Appliances. Now Deans's Appliance was sold to Smitty's Appliance, Inc., to which Geneal Electric was unaware.
Smitty hired Dean as his manager and now Dean ordered appliances from General Electric as earlier he had done. But Smitty refused to pay when the invoice came due saying that Smitty did not authorized Dean to make those orders.
General Electric sues Smitty and Dean personally. The most likely outcome of the lawsuit is that the court punishes Dean for breaching and doing fraud with both Smitty and General Electric. Dean is found guilty.
Answer:
31st December
Dr Interest expenses 72
Cr Interest Payable 72
(to record interest expenses payable as at 31st December for note owed to Hyatt)
Dr Interest expenses 200
Cr Interest Payable 200
(to record interest expenses payable as at 31st December for note owed to the Bank)
Dr Interest expenses 12
Cr Interest Payable 12
(to record interest expenses payable as at 31st December for note owed to Towne)
Explanation:
The total interest expenses payable as at 31st December is calculated for each creditors as below:
- 36 days Interest expenses owed to Hyatt: 36/360 * 9% * 8,000 = $72.
- 24 days Interest expenses owed to the Bank: 24/360 x 10% x 30,000 = $200.
- 9 days Interest expenses owed to Towne: 9/360 x 4% x 12,000 = $12.