Answer:
The accrued interest on the note at December 31, 2019 is $206.25
Explanation:
Fashion Jewelers accepted a 5-month, 11% note for $7,500.
The amount of interest for 1 year = 11% x $7,500 = $825
The amount of interest for 1 month = $825/12 = $68.75
From October 1, 2019 to December 31, 2019, Fashion Jewelers has accepted the note for 3 months.
The accrued interest on the note at December 31, 2019 = $68.75 x 3 = $206.25
Answer: location economies
Explanation:
location economies are economies which are birthed through performing a value creation activity in an optimal location for that activity wherever in the world it may be. It is used by firms to determine the competition in an environment when locating to do business
Answer:
The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.
The contingency viewpoint
This is a behavioural model of administration underscoring the contrasts between each issue or test an entrepreneur faces over a given timeframe.It helps an entrepreneur or a business executive to ensure he or she is utilising the possibility of every available way to deal with critical thinking looks at a wide assortment of components while deciding workable answers for every working environment issue
Answer:
The company should accept the idea because profit will increase by $24,000.
Explanation:
A company is currently selling 10,000 units of product monthly for $40 per unit.
The unit contribution margin is $27.
The company believes that spending $50,000 per month on advertising will allow them to increase the selling price to $45 and that sales will increase by 750 units per month.
The unit contribution margin is the difference between selling price and variable cost per unit.
An increase in the selling price of $5 will cause the contribution margin to increase by $5, from $27 to $32.
Profits is the product of contribution margin and number of output.
At initial price, the profit was
= 
= $270,000
At the new price the profit will be
= 
- $50,000
= $344,000 - $50,000
= $294,000
The increase in profit
= $294,000 - $270,000
= $24,000
