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
elena-14-01-66 [18.8K]
4 years ago
5

On October 2, 2017, a company borrowed cash and signed a 3-year, interest-bearing note on which both the principal and interest

are payable on October 2, 2020. At December 31, 2019, the principal and accrued interest should:
Business
1 answer:
ad-work [718]4 years ago
3 0

Answer:

be reported on the balance sheet as current liabilities

Explanation:

The term debt, which is the portion of long term liabilities that is included as current liabilities, must include all the payments that are due within the next accounting period.

In this case, the company must pay both the principal and the interests on the note payable by October 2, 2020, so it must include all the principal + the accrued interest (up to December 31, 2019) as part of current liabilities.

You might be interested in
Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
Furkat [3]

Answer: B

Explanation: Operating $0; Financing $18,000.00

This is because all the listed expenses are related to the financing arm of the business.

8 0
3 years ago
Suppose it costs $2,500 to buy a defibrillator. Find the expected value of owning a defibrillator if there is a 4% probability t
Blizzard [7]

Answer:

yeah

Explanation:

3 0
4 years ago
In the United States, because worker membership in labor unions has been ________ union impact has been decreasing in the labor
wolverine [178]

In the United States, because worker membership in labor unions has been <u>declining </u>union impact has been decreasing in the labor market.

Unions reduce salary inequality because they increase wages greater for low- and center-salary people than for better-wage people, extra for blue-collar than for white-collar employees, and extra for workers who do now not have a university diploma. Strong unions set a pay fashionable that employment growth follows.

We discover that unions adversely have an effect on unemployment rates and the boom fees of gross state product (GSP), productivity, and the populace at the same time as increasing the rate of salary inflation.

The impact of the employment growth charge is bad however not tremendous.

Learn more about employment growth here: brainly.com/question/376696

#SPJ4

5 0
2 years ago
What is a requirement for the creation of an agency relationship?
Stells [14]
Agency<span> is a </span>relationship<span> between a principal and an </span>agent<span> in which the principal confers his or her rights on the </span>agent<span> to act on principal's behalf. Such a </span>relationship <span>is based on an </span>agency<span> contract. The rights and duties of the </span>agent<span> and principal are in accordance with the express or implied terms of the contract.</span>
8 0
4 years ago
During lunch, the director of the Streets and Parkways Department of City made the following comment: “For the past 10 years, I
Usimov [2.4K]

The behavior is unethical as the overstatement in the figures is wrong.

<h3>What is an ethical behavior?</h3>

Honesty, fairness, and equity in interpersonal, professional, and academic relationships, as well as research and scholarly activities, are characteristics of ethical behavior. Individuals and groups of people's dignity, diversity, and rights are all respected in ethical behavior.

Obedience to company rules, effective communication, taking responsibility, accountability, professionalism, trust, and mutual respect for coworkers.

In this case, for the past 10 years, the director deliberately overstated the labor and equipment needs by 20 percent when preparing the budget request. This is unethical.

In order to cut down the padding, there should be a final review on the budget before it's submitted for approval.

Learn more about ethics on:

brainly.com/question/13969108

#SPJ1

6 0
1 year ago
Other questions:
  • In 2020, Dooling Corporation acquired Oxford Inc. for $250 million, of which $50 million was attributed to goodwill. At the end
    8·1 answer
  • Why is it important to ask an interviewer at least one question at the end of an interview? (Site 1)
    13·2 answers
  • You have just been hired as a brand manager of toothpaste for a large consumer products company. Your job mainly involves encour
    5·1 answer
  • Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Rehab Equipment Supplies E
    5·1 answer
  • To find opportunities, be ________, _________, and _________.
    11·1 answer
  • When you buy stock in the "stock market" what are you buying? Why would you but a stock?
    11·1 answer
  • Explain the term economic activity
    5·1 answer
  • Classify the following fixed costs as normally being either committed or discretionary:
    12·1 answer
  • an alcohol server must complete an which is considered to be an administrative penalty that may be imposed by the abc? a. jail t
    11·1 answer
  • A likely outcome from taxing the rich at a high percentage in order to ________ income, would be discouraged entrepreneurship an
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!