Answer:
Interest revenue = $56
Explanation:
Interest on note receivable calculation:
Note receivable amount × Interest rate × Numbers of period
Given,
Note rwceivable amount = $2100
Interest rate = 8%
Number of period = 6 month
Putting the values into the formula we can get
Interest on note receivable calculation =$2100 × 8% × (6/12)
= $168 × (6/12)
Interest for the notes Receivable for 6 months = $84
The note receivable will be matured on March 1 2022. But we have to calculate the interest for 2021. Therefore Middleton Corp. Will report interest revenue = $84 × (4/6)
= $56
B because they are basically giving back too the community or back too the school
Answer:
fall & $0.5 billion
Explanation:
Base on the scenario been described in the question, we can see that for each one percentage point increase in the interest rate, the level of spending investment is declining by $0.5 billion. For this reason it will make the investment spending to fall by $0.5 billion when the interest rate changes as we have seen in the first interest rate calculated.
The manager of the cost center does not have control over revenue or the use of investment funds.
<h3>What is a Manager?</h3>
A manager is referred as an individual in an organization who controls and coordinates functions and operations and notifies the use of resources in an appropriate manner after assigning them and helps in strategy development.
The manager of the cost center does not have control over revenue or the use of investment funds. Only managing costs within the budget is under the responsibility of a cost center manager.
In order to increase organizational efficiency and make revenue, internal management makes use of cost center data.
Learn more about Managers, here:
brainly.com/question/28017308
#SPJ4
