Answer:
The journal entry that Franz would make to record payment of this note would include:
credit to Note Receivable for $5,000
credit to Interest Revenue for $25
debit to Cash for $5,025
Explanation:
Franz Co. accepted a 30-day, 6% note in the amount of $5,000 from Bria Co., on January 1.
The amount of the interest per year = 6% x $5,000 = $300
The amount of the interest per month = $300/12 = $25
On January 31, the due date of the note, Bria honors the note and pays in full. The journal entry to record the collection in Franz Co. :
Debit Cash $5,025
Credit Note Receivable $5,000
Credit Interest revenue $25
<span>Assuming that everything Anthony sells is profit and subject to tax; Anthony will need to sell $60,000. Since he will lose $16,000 (30%) to tax, he will be at his magic number of $42,000.</span>
Answer: Counter trade
Explanation: In simple words, counter trade or bilateral trade refers to the situation when two entities exchange goods or services with one another without using any money. This kinds of trade does not use money but can be valued in monetary terms.
In the given case, Large co were trading their product for the product of other company. Both the products have their own market value.
Hence from the above we can conclude that they were engaged in counter trade.
Terror management theory predicts, and has managed to show, that self Esteem is one of the most powerful buffers against death anxiety.
<h3>
What is Terror Management Theory (TMT)?</h3>
A dual defensive paradigm that describes how people defend themselves against (possible) anxiety is called the Terror Management Theory (TMT).
TMT holds that a person's precise response will depend on whether their worries are conscious or unconscious.
The threat of concentrated attention is removed by proximal defenses, which combat conscious death obsession.
When this objective is attained, defense at a distance becomes the main strategy for defense.
To learn more about Terror Management Theory (TMT) from given link
brainly.com/question/28064616
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Answer:
A problem solving team
Explanation:
This is a group of individuals assembled to work on a project that involves resolving one or more issues that have already arisen or to deal effectively with issues as they arise. This are ususally formed for a time frame.
So Netflix hired a problem solving team to solve their accuracy of movie recommendation system.