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mash [69]
3 years ago
11

On January 1, 2015, Fullbright Company sold goods to Blue Dirt Company for $400,000 in exchange for a 4-year, zero-interest-bear

ing note with a face amount of $629,406 (imputed rate of 12%). The goods have an inventory cost on Fullbright’s books of $240,000. What amount of Interest Revenue should Fullbright recognize in 2015?
$ 57,352
$229,406
$ 75,529
$ 48,000
Business
1 answer:
icang [17]3 years ago
7 0

Answer:

correct option is $ 48,000

Explanation:

given data

sold good = $400,000

time = 4 year

face amount = $629,406

rate = 12%

inventory cost = $240,000

to find out

amount of Interest Revenue

solution

we find interest revenue that is express as

interest revenue = good cost × rate

interest revenue = 400,000 × 12%

interest revenue  = $48000

so correct option is $ 48,000

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Which of the five broad definitions of public opinion involves "rhetorical construction"?
Alexxandr [17]

Answer: Fiction

Explanation: According to some theorists, public opinion is a rhetorical construction. This means that it is a phantom, having no real link to "the public" as citizens. These theorists go on to claim that politicians and journalists tend to state that public opinion regarding a certain issue is concluded without any available evidence, or public's influence. However this is only one form of the definition of public opinion.

Other types of definitions include:

Public opinion is an aggregation: Journalists and politicians claim public opinion is the total of a lot of individual opinions.

Public opinion reflects the majority's beliefs: Theorists claim that public opinion is the equivalent of the values and beliefs of the majority.

Public opinion is discovered in groups clashing: Some theorists believe public opinion lies in power dynamics within a group, and how it coexists, or fails to do so, with other groups.

Public opinion reflects media: Theorists believe that public opinion is best gathered from what politicians, journalists and other influential elites believe.

6 0
3 years ago
Some people believe that the right of privacy should be extended to the workplace. Others feel that, on the contrary, such an ex
PSYCHO15rus [73]

Explanation:

This discussion about organizations monitoring employee behavior can be related to ethical and unethical issues.

The ideal is for the company to have a set of well-defined policies and procedures with regard to the rights and duties of employees, as long as the policies have ethical and legal foundations, which guarantee the right to privacy and human integrity.

Therefore, the monitoring of the employee's behavior must always be related to their functions, and to the fulfillment of internal policies.

6 0
3 years ago
Farmers Produce, Inc., and Growers Market enter into a contract for the delivery of locally grown fruits and vegetables. The par
inn [45]

Answer:

correct option is a. ​not fully integrated

Explanation:

As per given in question we know Farmers Produce and Growers Market case delivery  locally grown fruit and vegetables

so here it is a critical aspect to certain that all deals point discussed to be enter in to the final contract

and that the word precisely reflect the deal is a  fully integrated contract that will have a clause

clause = Entire Agreement

clause = Integration

so here correct option is a. ​not fully integrated

6 0
3 years ago
On August 1, Batson Company issued a 60-day note with a face amount of $52,200 to Jergens Company for merchandise inventory. (As
blsea [12.9K]

Answer:

a.

$52,200

b.

$51,156

Explanation:

Note are issued n the face value or the discounted value. When price of the note is the same as face value then it is known as issued on par/face value.

When price of the note is the lower as face value then it is known as issued on discounted value.

a.

Proceeds from the note issued is the price of the note at which it is issued. As the note is issued on the face value of $52,200, so the proceeds is the same value.

b.

Discount value = $52,200 x 12% x 60/360 = $1,044

Proceeds = Face value of the note - Discount on the note = $52,200 - $1,044 = $51,156

4 0
3 years ago
Comparable sales of duplexes in a market indicate a grm of 146. if the annual income of the subject is $24,000, what is the prop
WITCHER [35]

$3,504,000

Using GRM (Gross Rental Multiplier) to calculate value, simply multiply the estimated rental income by the GRM:

$24,000*146= $3,504,000  

7 0
3 years ago
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