1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mina [271]
3 years ago
8

On February 1, 2021, Miter Corp. lends cash and accepts a $1,000 note receivable that offers 12% interest and is due in six mont

hs. How much interest revenue will Miter Corp. report during 2021
Business
1 answer:
Taya2010 [7]3 years ago
7 0

Answer:

$60

Explanation:

The computation of interest revenue is shown below:

= Note receivable amount × rate of interest × given number of months ÷ (total number of months in a year)  

= $1,000 × 12% × (6 months ÷ 12 months)

= $60

Basically we multiplied the note receivable amount with the interest rate and the given number of months so that the interest revenue could come

You might be interested in
or due to his success at his current company in getting several new patents. This is an example of ________ capital.
Ket [755]

Complete Question:

Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. This is an example of ________ capital.

Group of answer choices

A) social

B) customer

C) human

D) intellectual

E) financial

Answer:

D) intellectual

Explanation:

In this scenario, Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. Therefore, this is an example of intellectual capital because he was recruited based on his intangible assets which made him excel or succeed.

An intellectual capital can be defined as the value or intangible assets such as skills, copyright, trademarks, experience, patents, knowledge provided by the employees working in an organization and thus, giving the organization a competitive advantage over their rivals in the same industry, as well as earn more profits, increase their customer base and creation of quality products.

5 0
2 years ago
Rachel is going to the mall to purchase a wedding gift for a coworker. Based on research, which type of product is she likely to
Umnica [9.8K]

Answer:

utilitarian

Explanation:

Utilitarian Motivation is the zeal, drive to acquire products that can be used to get, acquire or accomplish another thing/something.Usually, Utility items are bought/purchased frequently more out of need and are a regular part of the consumer's life, and buyers are price sensitive.

Consumer behavior is the search for value of goods or services and its is the transformation into something of value.

Utilitarian: seeks to helps the consumer solve problems and accomplish tasks.utilitarian value is a means to and end.

Utilitarian products

Utilitarian products usually gives benefits like practicality and functionality as they are compatible with our rational system of thinking.

8 0
3 years ago
If you are planning to use presentation technology in a speech, you should: A. assume that all the equipment in the room will wo
mestny [16]

Answer:

Answer is E.Both bring a backup copy of your slides on a flash drive and distribute handouts of your slides to the audience.

Explanation:

4 0
3 years ago
Read 2 more answers
Why are supply and demand curves sloping in opposite directions?
Aliun [14]

The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.

plz mark me as brainliest :)

6 0
3 years ago
What type of loan is most common when buying a house?
Alexus [3.1K]

Answer:

Fixed-rate

Explanation:

Fixed-rate mortgages are the most common type of home loan. Fixed-rate mortgages are offered in 15- and 30-year fixed-rate terms. Your interest rate will never change, though the principal and interest portion of your monthly mortgage payment will change as the loan amortizes

8 0
1 year ago
Other questions:
  • The price of compact fluorescent light bulbs fell because of improvements in production technology. As a result, the demand for
    8·1 answer
  • You added an extra $100 to your expense statement and Sara added an extra $1000 to her expense statement. If you believe both of
    15·1 answer
  • When asked to memorize the 15 letters, c i a c b s a b c f b i i r s mary reorganized them into cia, cbs, abc, fbi, and irs. mar
    6·1 answer
  • In order to understand a customer's wants, a marketer must understand __________?
    14·1 answer
  • Which of the following are etiquette guidelines that promote positive workplace conversations?a. Avoid discussions of art and cu
    9·1 answer
  • Marco creates a budget for himself. He would like to buy ice cream once a week, but doesn't have enough money to do so in his cu
    6·2 answers
  • 1. The purpose of preparing a direct materials budget is to ________. a. allocate the cost of raw materials to production depart
    5·1 answer
  • As we move toward a cashless society, which of the following will become vital for businesses that meet clients away from the of
    8·1 answer
  • As a result of a decrease in the demand for U.S. dollars, there has been depreciation in the value of the U.S. dollar relative t
    12·1 answer
  • Social elements common to this work. Note that common contexts are listed toward the top, and less common contexts are listed to
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!