The internet links the Earth's economies.
Explanation:
The adjusting entry is as follows
Accrued interest expense Dr $124
To Interest payable $124
(Being the accrued interest expense is recorded)
The computation is shown below:
= Borrowed amount × interest rate × given months ÷ total number of months in a year
= $6,200 × 12% × 2 months ÷ 12 months
= $124
Answer:
Common stockholder
Explanation:
The common stockholder is that stockholder who acquires a minimum one stock of the company. The treatment of the common stockholder is that he gets the dividend after distribution to the preferred stockholders. Moreover, it also gets the right to vote on company issues.
According to the given situation, the most appropriate term is a common stockholder.
Answer:
Price are equal
Explanation:
In the case when you want to maximize your utility and a consumer having a fixed type of budget wants to purchase the quantities of the goods so here the ratio of the marginal utility for each goods to its price would be equal
So according to the given situation the price are equal would be considered and relevant too