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Vesnalui [34]
3 years ago
13

Rosewood Company made a loan of $16,000 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rat

e of interest. What is the amount of interest revenue that Rosewood would report in Year 1 and Year 2, respectively? Multiple Choice $960 in Year 1 and $0 in Year 2 $0 in Year 1 and $960 in Year 2 $240 in Year 1 and $720 in Year 2 $720 in Year 1 and $240 in Year 2 Next
Business
1 answer:
erastovalidia [21]3 years ago
8 0

Answer:

The correct answer is $720 in Year 1 and $240 in Year 2 Next.

Explanation:

According to the scenario, the given data are as follows:

Loan Amount =$16,000

Rate of interest = 6%

Time period for first year (Apr - Dec) = 9 months

Time period for second year ( Jan - Mar) = 3 months

So, we can calculate the amount of interest by using following formula:

For first year:

Amount of interest (1st year) = $16,000 × 6% × 9 ÷ 12 = $720

Amount of interest (2nd year) = $16,000 × 6% × 3 ÷ 12 = $240

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Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of
Rufina [12.5K]

Answer:

b. a radio broadcast

Explanation:

The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all

Therefore as per the given options, the option b is correct

hence, the other options are incorrect

7 0
2 years ago
Which of the following are acceptable to use as references on a resume/job application?
Alenkasestr [34]

1. Former Employer. A previous employer can provide the best insight into your work ethic. They know what your responsibilities were at your job and how you handled them.

2. Colleague. Someone you worked alongside at a previous job, even if they weren’t your boss, can be an excellent reference. They will be able to speak about things you worked on together and what you achieved as a team. Teamwork is one of the most important soft skills an employer looks for, so having someone to vouch for your teamwork skills is vital.

3. Teacher. A teacher or professor can provide a really strong reference, especially if they taught a course pertinent to your major. They will be able to talk about the skills you picked up during their course, as well as your personal character.

4. Advisor. An academic advisor, depending on the amount of time you spent with them, is another great option for a reference. If your advisor is someone who got to know you really well during your college career, they can talk about how you’ve grown into the professional you are today.

5. Supervisor. Someone who supervised you, but wasn’t necessarily your boss, could be another excellent reference to include. This could be a supervisor from a volunteer project, an internship, or some other extracurricular activity. Any of these people spent enough time working with you to get a sense of your character, and probably your passions. That combination makes for a great reference.

Choose at least three of these people to include on your list of professional references. Always bring a few copies of your list to interviews, in case you’re asked to provide them. Promptly let the people on your list know when a hiring manager asks for your references, so they know to expect a call or email.

Your references could make or break your chances of landing a job, so make sure you select the best people to speak on your behalf.



there are 5 you can choose


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3 years ago
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sweet-ann [11.9K]

Answer:

C. Job - order costing

Explanation:

Job - order costing -

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The agency that will advertise accumulates its cost through the client .

The method of job - order costing is the most apt system for a non - manufacturing firms .

Hence , from the data of the question , the correct answer is ( C ) Job - order costing .

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Jan, randy, and terry are science majors, and when they graduate from college, they find jobs as a nurse, a midwife, and a hospi
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developer and a subdivider

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