Interest Expense
The cost of borrowing money is referred to as interest expenditure. Interest expenditure in the income statement might represent the cost of borrowing money from banks, bond investors, and other sources.
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$50
A note payable is a type of financial instrument. In this case, the note payable is due in three months. So, after one month, we will record the following interest on the note payable:
15000*4%*(3/12) = 150
For 1 month = 150/3 = 50
The note payable was sold on December 1, and we must calculate its interest on December 31, which is one month later. As a result, we will divide total interest 150 by 3. This will provide us with one month's interest.
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Answer: Whether the costs are variable or fixed and whether they are directly traceable to the responsibility center.
Explanation:
The Responsibility Income Statement is one where the different centers in a business have their own sub income statement so that the activities of each center and their profitability is measured and monitored.
In this statement, costs are classified as Variable and Fixed so it is important that it is known whether the costs are variable or fixed.
As the statements are per center, the costs in them would have to be only those that are directly traceable to that center so that a truer reflection of the statements can be seen.
Answer:
Unlike perfectly competitive firms, in the long run monopolistically competitive firms face excess capacity or unused capacity. They produced at a higher cost which implies wastage of resources or under-utilization of resources.
Answer:
B2B marketers and businesses who rely on LinkedIn for lead generation are greatly affected by these new limits. The growth of their business greatly depends on the outreach and 100 connection requests per week is just not enough.
However, when there’s a problem, there’s always a solution.
Here are some best ways to help you get beyond the new LinkedIn limits:
- USE EMAILS TO SEND INVITES
- CREATE AN AMAZING CONTENT STRATEGY
- USE INMAILS
LinkedIn’s new weekly limit has some benefits but a number of drawbacks for B2B marketers and business owners.
