What fact or facts support a situation where trade is advantageous?
B. II only
The interest expense for the year ended December 31, 2021, for Blanchard Corporation is b) $9,000.
<h3>How is interest expense computed?</h3>
Interest expense is prorated. Since Blanchard Corporation issued the notes on April 30, the interest expense for the year will not be for 12 months but only 8 months (May to December).
<h3>Data and Calculations:</h3>
Note payable = $150,000
Interest rate = 9%
Period of note = 1 year
Date of issuance = April 30, 2020
Interest expense at December 31, 2021 = $9,000 ($150,000 x 9% x 8/12)
Thus, the interest expense for the year ended December 31, 2021 is b) $9,000.
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Answer: Dunbar is, in fact, a surety and must satisfy the mortgage if Masters does not.
Explanation:
A surety refers to the individual who makes a promise to be responsible for the debt obligation of a borrower on a situation whereby the borrower defaults and doesn't take responsibility. The surety is also known as the guarantor.
Since Masters defaulted in payment of the mortgage debt, but contends that Dunbar, is the original mortgagor, because he is primarily liable for the mortgage debt, then Dunbar is a surety and must satisfy the mortgage if Masters does not.
Answer: E visibility of products in real time
Answer
Kathy-Leadership
Sean-Entrepreneurial skill
Joan-Communication skills
Explanation
Kathy practices leadership skills because she is responsible for communing up with a new thing in the area through designing the map for the park and informing residents about it
Sean applies entrepreneurial skills through gathering information from the park and making the funds available as well.
Joan as guide of people around the park practices strong communication skills to practice the personable and outgoing tasks.