At December 31, bright should record interest revenue of $100. Money gained by lending money or money acquired from depositing or investing can both be referred to as interest revenue.
Is interest revenue a liability or an asset?
If a company anticipates receiving the interest payment within the year, it typically records the interest receivable as a current asset on its balance sheet. Companies that collect interest from loans view this revenue as a significant source of income that belongs at the top of the income statement. It is the price of taking out a loan from a bank, financial institution, bond buyer, or another lender. In order to assist a business finance its operations, such as the acquisition of rival businesses or machinery, plant, and property, interest expense is incurred.
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Answer:
the market quantity supplied is less than 250 scoops when the price is $2 per scoop
Explanation:
When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245
At the price $2, the total quantity supplied is less than 245
Answer:
6.35%
Explanation:
you can use the yield to maturity formula to determine the coupon:
YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
0.065 = {coupon + [(1,000 - 984.56) / 15]} / [(1,000 + 984.56) / 2]
0.065 = {coupon + 1.029} / 992.28
64.4982 = coupon + 1.029
coupon = 63.47
coupon rate = 63.47 / 1,000 = 0.06347 = 6.35%
Answer:
The correct answer is letter "B": Understanding.
Explanation:
While composing a text, the understanding buffering technique is helpful to show the reader the writer is concerned about what is being exposed. The buffering must provide a smooth transition to the explanation of the text. Thus, it must be written the most accurate possible.
Answer:
a.how a company treats employees
b. how a company treats consumers
c. whether a company obeys the law
e. whether a company respects the community
f. whether a company respects the environment
Business ethics refer to an area of study involving proper business policies and practices. Generally, the laws governing companies help them form a framework to adhere to in order to gain acceptance from society.
Hence, the way in which a company treats its employees and customers, its compliance with the laws of the land, and the way it acknowledges its responsibility to the community and environment are some of the factors that determine business ethics.
