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2 years ago

Interest on a Note Payable is most appropriately accrued:_____________

1 answer:

8 0

Answer: Interest on a Note Payable is most appropriately accrued: "B. as of the end of each accounting period during which the note is a liability.".

Explanation: As long as the Note Payable remains a liability and has not yet reached its due date, according to the accrual principle, at the end of each accounting period the accrued interest must be recognized, and when the Note payable reaches its expiration it must remain with balance 0 the interest not accrued account.

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A lot of points

Pie

Answer:

The answer is C

Explanation:

6 0

2 years ago

Schwartz's model suggests that: Select one: A. We are always aware of our values and how they influence us B. Values are formed

Nastasia [14]

Answer:

The correct answer is letter "D": Values may conflict with each other.

Explanation:

American psychologists Shalom H. Schwartz in his "Theory of Basic Human Values" proposes there are ten (10) values driving individuals' behaviors: stimulation, self-direction, universalism, benevolence, power, achievement, hedonism, tradition, conformity, and security.

According to Schwartz, some values like benevolence and power conflict with each other but some others such as conformity and security are compatible.

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2 years ago

Bacchus Enterprises has $12B in book value of common stock selling at a book to market rate of 1.35 and a beta of 1.5. The combi

goldfiish [28.3K]

Answer: 16.3%

Explanation:

Given the details in the question, the cost of preferred capital can be calculated using the CAPM method.

Cost of preferred stock using the Capital Asset Pricing Model is:

= Risk free rate + Beta * ( Market return - Risk free rate)

= 4% + 1.23 * (14% - 4%)

= 16.3%

7 0

2 years ago

The Allowance for Bad Debts account has a debit balance of $ 9 comma 000$9,000 before the adjusting entry for bad debts expense.

Yakvenalex [24]

Answer:

the amount of the adjustment in the Allowance for

Bad Debts account $3.000

Explanation:

Initial Balance

Allowance for Uncollectible Accounts $ 9.000

END Balance

Allowance for Uncollectible Accounts $ 12.000

The adjustment entry in the accountig will be

Bad debt expense $ 3.000

Allowance for Uncollectible Accounts $ 3.000

3 0

3 years ago

You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use

Jobisdone [24]

Answer:

$17,167

Explanation:

The first step is to calculate amount of cash that would be charged

For 30 months, pay $520 per month for 30 months and an additional $10,000 at the end of 30 months.

Present value is = 2,221

Then

The present value of the payment options is =

($520 * PVA (24% 12,30) + $10,000 PV ( 24% 12,30))

$520 * 22.396 + $10,000 * 0.5521

$11646 + $ 5521

$17,167

Therefore the amount of cash the car dealer would charge is $17,167

7 0

2 years ago