Answer:
Interest payable $1,050
Explanation:
Based on the information given F the company's fiscal year ends on December 31st, Hillsmith should make a year-end adjusting entry to increase: INTEREST PAYABLE $1,050
Interest payable $1,050
(7%*60,000*3/12)
(October 1st December 31st=3 months)
Answer:
Countries that engage in trade will tend to specialize in the production of goods and services in which they have <u>COMPARATIVE</u> and will <u>EXPORTS</u> these goods and services.
Explanation:
Countries will trade the goods in which they have a comparative advantage in their production, that means that the opportunity cost of producing them is lower compared to other countries. Gains resulting from trade are not based on absolute advantages since resources are limited for everyone, so a country must produce and export the goods at which their opportunity cost is the lowest.
Answer:
None of these choices are correct.
Explanation:
The required rate of return is the minimum return an investor expects to achieve by investing in a project, or in other words,
The required rate of return on a bond is the return that a bond issuer must offer in order to entice investors to purchase the asset.
They are predominantly set by market forces and determined by the price at which issuers and investors agree.
Answer:
Job Sharing.
Explanation:
Job sharing can be understood as an act, where one set of employees works for a given shift and the remaining work is completed by the other set of employees at any other time of the day. This is usually done by part-time workers and they tend to split their remuneration as well according to the work requirement and their performance.
Answer:
d. Calculate total revenue minus total expenses
Explanation:
Profit is Calculated as Total revenue minus Total expenses. Therefore, consider all Incomes generated by the Business whether Primary or Secondary. Also consider all Expenses incurred by the business including Non - Operating expenses.