Answer:
$40
Explanation:
Given that,
note receivable = $1,000
Interest of note receivable = 12%
Time period = 4 months (September 1, 2015 to December 31st, 2015)
Interest revenue will Middleton Corp. report during 2015:
= Note amount × (Interest rate ÷ 12) × Time period
= $1,000 × (12% ÷ 12) × 4 months
= $1,000 × 0.01 × 4
= $40
Answer: Risk mitigation
Explanation: In simple words, risk mitigation refers to the strategy in which the management of an organisation tries to reduce the threat that may occur to the business in future by taking suitable risk in present.
Usually the threats it reduces related to the problems affecting the continuity of the business.
In the given case, The manager of the company is employing highly qualified personnel instead of less qualified to manage procurement risk. Hence he is taking actions to reduce risk that may arise in future. Thus, the correct option is B.
Answer:
Improve your budgeting skills
Explanation:
When your expenses each month exceeds your income, it probably means that your budgeting skills are ineffective or you don't have non at all. If you spend more than what you earn, then chances are high that you will need to borrow to service your excess expenditure. If you continue borrowing to meet your budget, then you might end up in perpetual debt where you are unable to pay back you loan. This often leads to a default, which can have some serious consequences to your credit. Luckily, there are various steps that one can take to meet their expenditure and also to put them on the right track towards financial independent.
The best way towards financial freedom is improving ones budgeting skills through the following methods;
1. Track your spending: most of the time people spend without necessarily knowing where their money goes. Expenditure tracking is a way in which you can record where your money goes. One will be surprised at how small cutting down on wants rather than needs can help in the long run.
2. Plan ahead: financial success needs one to plan ahead. Planning helps one avoid any surprises that might pop up. A plan is always like a map of showing you how much and when to spend your money.
3. If possible look for alternative sources of income: if there is a part-time job that you can do to an extra income, this could cover the excess expenditure above your income and elevate you from debt.
In a normal distribution, 34.1% of all value lie between the mean and 1 standard deviation above the mean. Which mean 34.1% of all barns can be constructed between 32 and 34 hours.