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In-s [12.5K]
2 years ago
14

On November 1, 2021, Ziegler Products issued a $200,000, 9-month, noninterest-bearing note to the bank. Interest was discounted

at a 12% discount rate. Required: Prepare the appropriate journal entry by Ziegler to record the issuance of the note. Determine the effective interest rate. Suppose the note had been structured as a 12% note with interest and principal payable at maturity. Prepare the appropriate journal entry to record the issuance of the note by Ziegler. Prepare the appropriate journal entry on December 31, 2021, to accrue interest expense on the note described requirement 3, for the 2021 financial statements. Comparing the two structures of the note presented in the problem, which will incur more interest over the 9-month period? Explain Why?
Business
1 answer:
IceJOKER [234]2 years ago
7 0

Answer:

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3 years ago
Leaders have the duty and responsibility to plan in advance for all foreseeable situations and circumstances for all activities.
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Answer:

True

Explanation:

It is responsibility and duty of leaders to know about all circumstances and situations , Leaders needs to plan before any bad things happen to Company. If he did not do such thing , may be failure outcome happen.

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2 years ago
.1.3. Briefly explain the Economic term land​
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8 0
3 years ago
Read 2 more answers
The allocatively efficient quantity of product Z for the whole market is 2 million units. At that quantity, the demand for Z is
makkiz [27]

Question Completion:

ANSWER CHOICES

A.  operating with decreasing returns to scale

B.  a natural monopoly

C.  a legal monopoly

D.  monopolistically competitive

E.  productively efficient

Answer:

Based on this data, the market for product Z is:

A. operating with decreasing returns to scale.

Explanation:

For the Average Revenue (Price) to equal the Average Total Cost (ATC) and enable the firms operating in the market to break-even, the firms must increase their production units from 2 million to 3.5 million units.  The conclusion that the market for product Z is operating with decreasing returns to scale for a single supplier is because it will take a 75% increase in production for the average total cost to fall from $7 to $5 for the single producer.  In other words, the percentage increase in production does not result in a proportionate decrease in average total cost.

3 0
3 years ago
Cachita Haynes works as a currency speculator for Vatic Capital of Los Angeles. Her latest speculative position is to profit fro
VARVARA [1.3K]

Answer:

Cachita should buy put on yen

Explanation:

Given:

The current spot rate = ¥120.00​/$

in US $/¥ = \frac{\textup{1}}{\textup{120.00}}

or

in US $/¥ = 0.0083

Maturity time = 90 days

                                     Put on Yen                  Call on Yen

Strike Price                     125/$                           125/$

Strike Price in $/¥        0.008                            0.008

Premium                      0.00003/$                0.00046/$

Therefore,

Here the strike price for put on Yen and call on Yen are same

but the premium for Put on Yen is less than the premium for the call on Yen

Therefore, Cachita should buy a put on yen to get the profit from the rise of the dollar        

5 0
3 years ago
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