Answer:
c. A group of people who work together to achieve some specific purpose
Explanation:
An organization is defined as a group of people, a social system that organize and manage themselves by assigning roles and responsibilities in order to achieve an objective.
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Answer:
(B) Inform.
Explanation:
Most business messages achieve nothing more than to inform. They explain procedures, announce meetings, answer questions, and transmit findings. Some however, are meant to persuade and that is by selling out products, increasing the morale of employees, convincing managers and gaining more customers. But most is still to inform as they announce meetings, answer questions, and transmit findings and these are called informative messages.
Answer:
6.06%
Explanation:
The computation of the rate of return is shown below:
Given that
NPER = 20 years
PV = ($280,000 - $80,000) = $200,000
PMT = $0
FV = $75,000 × PVIFA factor at 10% for 21 years
= $75,000 × 8.6487
= $648,652.50
The following formula should be applied
= RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
After applying the above formula, the rate of return is 6.06%
The journal entry for the issuance of an interest-bearing note for the purpose of borrowing funds for the business is Debit cash.
<h3>
What is Debit Cash?</h3>
- When a person uses debit cash, money is automatically taken out of their checking account.
- These cards, which are sometimes known as "check cards" or "bank cards," can be used to make purchases of products or services, withdraw cash from an automated teller machine, or make additional purchases at merchants who will accept them.
- You might not be able to make a very large purchase using debit cash because they typically have daily spending limits.
- A personal identification number is typically not required to use a debit card (PIN).
Hence, Debit cash is the journal entry for issuing an interest-bearing note for the purpose of borrowing money for the company.
To learn more about Debit Cash refer to:
brainly.com/question/24077526
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