1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SCORPION-xisa [38]
3 years ago
9

Interest on a Note Payable is most appropriately accrued:_____________

Business
1 answer:
Thepotemich [5.8K]3 years ago
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.

You might be interested in
Why would an entrepreneur be best suited to opening a new business, rather than buying an existing business or franchise?
Mariulka [41]

Answer:

For example, it's really easy to finance while buying in an existing business while starting a new one. In Addition tons of bankers and investors all around the world would feel more comfortable dealing with a business that already has had a proven track record.

Explanation:

3 0
3 years ago
You are considering two independent projects. Project A has an initial cost of $125,000 and cash inflows of $46,000, $79,000, an
vitfil [10]

Answer:

Accept Project A and reject Project B

Explanation:

See the images to get the answer.

Decision: Required rate of return = 16% = Cost of capital.

If Internal rate of return (IRR) > the cost of capital = Accept the project.

If Internal rate of return (IRR) < the cost of capital = Reject the project.

From the basis of the formula, we can accept the project A because the IRR of Project A (19%) is higher than the cost of capital (16%). On the other hand, we can reject the project B because the IRR of Project B (14%) is smaller than the cost of capital (14%).

8 0
3 years ago
Your manager has asked for your help to make a decision on an important issue within 24 hours. The outcome of this decision will
ss7ja [257]
Just tell the manager

4 0
3 years ago
Corn chips and potato chips are substitutes. Good weather that sharply increases the corn harvest would a. increase consumer sur
yaroslaw [1]

Answer: Option(a) is correct.

Explanation:

Corn chips and potato chips, both are substitute goods and thus, affect each others demand by a small changes in various factors.

In this question, a good weather increases the harvesting of corn which increases the supply of corn chips.

This shifts the supply curve rightwards as a result price falls and quantity increases. Hence, this lower price, increases the consumer surplus in the market of corn chips.

This change in the supply of corn chips will affect the demand for potato chips in the potato chips market. So, the demand curve for potato chips shifts leftwards. This shift in the demand curve, reduces the price level and quantity level. Hence, this lowers the producer surplus in the market for potato chips.

6 0
3 years ago
The following information is available for a company's utility cost for operating its machines over the last four months. Month
tia_tia [17]

Answer:

                          Machine hours (X)        Utility cost

       High                2,680                          8,100

        Low               <u> (740)</u>                           <u> (4,650)</u>

                              <u> 1,940 </u>                          <u> 3,450</u>

Variable cost per machine hour

= $3,450/1,940 hours

= $1.7784 per machine hour

Explanation:

Using high and low method, we will obtain the highest activity (machine hours) and the corresponding cost. We will also obtain the lowest activity and the corresponding cost. Thereafter, we will deduct the lowest points from the highest points. Finally, we will divide the difference in cost by the difference in machine hours in order to determine the estimated variable cost per machine hour.

8 0
3 years ago
Other questions:
  • Corporations with control both within and across industries are formed by a series of mergers and acquisitions across industries
    7·1 answer
  • Which of the following serves as the central bank for the United States?
    9·1 answer
  • Glacial Company estimates that variable costs will be 53.1% of sales, and fixed costs will total $710,000. The selling price of
    6·1 answer
  • 4. The E. Harris Company issued bonds in September of 2003. When issued, the bonds had 20 years to maturity, a coupon rate of 7.
    12·1 answer
  • Lori Nichols started an engineering firm, Engineering Enterprises P.C. During its first month of operations, the following trans
    5·1 answer
  • The total amount of debt owed by the Federal government is represented by the total value of the outstanding:
    15·1 answer
  • Marginal revenue product can be calculated using the formula marginal product × output price Group of answer choices only if the
    10·1 answer
  • Bren Co.'s beginning inventory at January 1, 2005 was understated by $26,000, and its ending inventory was overstated by $52,000
    7·1 answer
  • When coffee is traded between countries it is called a
    11·1 answer
  • A recessionary gap occurs when:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!