Answer:
The Parry Glitter Company
The Parry Glitter Company should record the Notes Receivable as $300,000.
It should also record the interest receivable per year as $24,000 and the advertising cost as $24,000 per year. These bring into the accounting records the interest revenue and also the advertising expense, which eventually cancel each other.
Step-by-step explanation:
a) Data and Calculations:
Notes Receivable = $300,000
If the notes receivable are repaid at the end of 3 years and it is assumed that the interest on the notes receivable = 8%
Therefore, the cost of the free advertising will be equal to $24,000 ($300,000 * 8%), which is the cost of the interest to the radio station.
Answer:
who?
Step-by-step explanation:
2 m/s²
Step-by-step explanation:
Step 1:
Let the initial velocity be 0 m/s and the final velocity be 8 m/s and the time traveled is 4 s.
From the basic science,
Acceleration = ( Final Velocity - Initial Velocity) / Time
Step 2:
Acceleration = (8-0)/4
2 m/s²
Answer:
Each kid can have 2 pieces
Step-by-step explanation:
8 / 3 = 2.67