Answer:
$20,000 premium is amortized at the end of the first year.
Explanation:
Straight line amortization:
premium amortized = Premium / number of years
= ($5,200,000 - $5,000,000) / 10 years
= $200,000 premium / 10 years
= $20,000
Therefore, $20,000 premium is amortized at the end of the first year.
Answer:
What is the question?
Explanation:
I suppose that is if it is profitable to hire the new worker, according to microeconomics this decision must be based in something called marginal income and must be compare with the marginal cost because they can increase the income but not the profit depending of the cost of the new worker.
During reconstruction, a major economic development in the south was the: spread of sharecropping.
Sharecropping was an agricultural initiative that was developed in Georgia and other parts of Southern American during reconstruction.
The idea behind sharecropping was that laborers who had no land could be given access to the lands owned by others for cultivation.
At the end of the farming season, they could be given a share of the profits realized from their work.
Learn more about sharecropping here:
brainly.com/question/881028
Answer:
The customer should pay $48.5
Explanation:
Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
As per given data
Sale = $100
Sales return = $50
Receivable = $100 - $50 = $50
As the payment is made within discount period, so discount will be availed on the amount due
Discount = $50 x 3% = $15
Payment by Customer = $50 - $1.5 = $48.5
