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dimaraw [331]
4 years ago
15

A $ 45 comma 000​, threeminus​month, 12​% note payable was issued on December​ 1, 2018. What is the amount of accrued interest o

n December​ 31, 2018?​ (Do not round any intermediate​ calculations, and round your final answer to the nearest​ dollar.)
Business
1 answer:
Butoxors [25]4 years ago
8 0

Answer:

The correct answer is $312.5.

Explanation:

According to the scenario, the computation of the given data are as follows:

The interest amount after one month of issue considered as accrued interest.

So, Face value = $45,000

interest rate = 12%

Period = 1 month

So, we can calculate the accrued interest by using following formula:

Accrued interest amount = ( FV × rate) ÷ 12

= ($45,000 × 12% ) ÷ 12

= $312.5

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What are federal corporate income taxes considered before they are paid to the government?
Vladimir [108]
The answer would be D (expenses) when it comes to taxes.
5 0
4 years ago
For​ 2018, Franklin Manufacturing uses machineminus−hours as the only overhead costminus−allocation base. The estimated manufact
Kobotan [32]

Answer:

$7.5 per machine hour

Explanation:

The computation of the budgeted manufacturing overhead rate is shown below:

The budgeted manufacturing overhead rate = Estimated manufacturing overhead costs ÷ Estimated machine hours

= $300,000 ÷ 40,000 machine hours

= $7.5 per machine hour

In order to compute the budgeted manufacturing overhead rate we simply divided the estimated manufacturing overhead costs by the estimated machine hours.

7 0
4 years ago
When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?
jekas [21]
That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities
8 0
3 years ago
In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called t
cupoosta [38]

In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called the:  project management process groups.

<h3>What are the Project Management Process Groups?</h3>

The project management process groups consist of five groupings known as initiating, planning, executing, monitoring, and closing.

The initiating stage is the stage where the basics of the project are thought out. The planning stage entails structuring the project.

After this, the plan is executed, monitored for progress, and finally closed.

Learn more about the Project Management Process Groups here:

brainly.com/question/8603302

7 0
3 years ago
The ACE Equity Fund has an expected return E[r] of 11.830% and the ZQR Bond Fund has an expected return E[r] of 6.690%. A portfo
Mashcka [7]

Answer:

The answer is "6.8442%".

Explanation:

The expected portfolio return is the total average portfolio return for all stocks

ACE fund weight (wA) =3%

ACE fund (ErA) expected return= 11.830%

Bond fund ZQR weight (wB) = 97%.

The ACE fund (ErB) expected return = 6.690%

Expected portfolio return = (wA \times ErA)+(wB \times  ErB)

                                          =(3\% \times 11.830 \% )+(97 \% \times 6.690\%)\\\\= 0.03 \times 0.1183 +0.97 \times 0.0669 \\\\=0.003549+ 0.064893\\\\=0.068442\\\\=6.8442 \%

 

5 0
3 years ago
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