Answer:
B. Debit Cash $8,262; credit Interest Revenue $162; credit Notes Receivable $8,100.
Explanation:
The journal entry to record the payment at the maturity date is as follows:
Cash Debit $8,262
Interest revenue Credit $162
Notes receivable Credit $8,100
Calculation: Interest revenue = $8,100 × 8% = (648 ÷ 360) × 90 = $162
Therefore, cash = Interest revenue + Notes receivable = $162 + $8,100 = $8,262.
Therefore, option B is correct.
Answer:
540.54
Explanation:
ur welcome could i get brainliest
<span>A buyer's order outlines the specific vehicle to be purchased and all charges for the purchase. It is not the final bill of sale contract. It is basically the agreed upon terms of the purchase being made. This is usually used when purchasing a car.</span>
The main advantage<span> of a </span>grand jury<span> is that it provides a system for conducting a legally-binding "dry run" before a formal and protracted </span>criminal trial<span> takes place. </span>
Answer:
e) Increase the required rate of return used to evaluate the project to reflect the higher risk of the project
Explanation:
As per the basic concept of investment, "higher the risk, higher the return".
Thus, an investor assumes a higher risk only in the scenario wherein the expected return would be commensurate with such risk. Investor would only invest in a risky asset when the return derived can compensate him for the excess risk assumed.
Required rate of return is an investors expectation of return from a project also referred to as the cost of capital.
So for the purpose of evaluating the project, the investor should use a higher required rate of return to signify higher risk which would reveal the true viability of the project.