Answer: See explanation
Explanation:
a. Determine the due date of the note.
The due date will be gotten by calculating the date that will make 120 days starting from April 9th. This will be:
April = 30 - 9 days = 21 days
May = 31 days
June = 30 days
July = 31 days
August = 7th day.
Therefore, August 7 is the due date
b. Determine the maturity value of the note.
Amount of interest on note = 96000 x 10% x 120/360
= 96000 × 0.1 × 1/3
= $3200
Then, Maturity Value will be:
=$96000 + $3200
= $99200
c. Journalize the entry to record the receipt of the payment of the note at maturity.
7th August:
Debit: Cash = $99200
Credit: Note receivable = $96000
Credit: Interest revenue = $3200
(Note receivable realized)
Answer:
Following are the solution to the given question:
Explanation:
Income statement
sales 
The less average cost of variable 
margin for contribution 
Lesser fixed costs 
Income from of the company or tax 
Lower-income tax by 
after-tax revenue 
Answer:
<em>Unstructured interviews</em>
Explanation:
Answer:
B) decreases GDP by $60,000.
Explanation:
The GDP includes the total production of final and legal goods and services. But in order for a service to be included in the GDP, they must be sold to someone else. The same restriction applies to a person that grows vegetables and fruits on his/her backyard for personal consumption.
If an exchange is not made, then it is not included in the GDP. The difference with manufactured products that once finished are included in inventories (increase investment) is that materials, labor and other inputs were used to produce them and someone got paid for them.
Answer:
innovator in the diffusion of innovation curve
Explanation:
Adopting new idea is a different for different people ,
There are five established adopter categories, i.e. , innovator , Early Adopters , Early Majority , Late Majority and Laggards .
Innovator -
They are the type of people , who are the very first to try out the new task or activity , and are very willing and welcoming to accept and adapt new ideas .
These type of people are always ready to take risk in life and always tries to invent new ideas and method .
Hence , from the question ,
The Jeremy is showcased as an innovator .
