1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lorasvet [3.4K]
3 years ago
10

On November 1, Jasper Company loaned another company $100,000 at a 6.0% interest rate. The note receivable plus interest will no

t be collected until March 1 of the following year. The company's annual accounting period ends on December 31. The amount of interest revenue that should be reported in the first year is:
Business
1 answer:
Alenkinab [10]3 years ago
6 0

Answer:

The amount of interest revenue that should be reported in the first year is $1,000

Explanation:

As we know Note receivable is a type of investment on which the Noteholder receives te interest over the note amount.

Value of Note = $100,000

Rate  = 6%

until 31 December only two months has been passed and the interest revenue of only 2 months will be recognized as follow

Interst Revenue = $100,000 x 6% x 2/12 = $1,000

So the interest revenue of $1,000 should be reported in the first year.

You might be interested in
Anderson Enterprises, an advertising firm, planned to make its communication process more effective and interviewed employees to
Yuri [45]

Answer:

C. Social network analysis

Explanation:

According to my research on different company intercommunication techniques, I can say that based on the information provided within the question the approach being used here is called a Social network analysis. This is a form of analyzing certain individual sectors or people and observing the relationships between them.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
The following lots of a particular commodity were available for sale during the year: Beginning inventory 10 units at $60 First
Rus_ich [418]

Answer:

The answer is: the amount of inventory at the end of the year was $1,583 using the average cost method.

Explanation:

The average cost method calculates the cost of inventory by dividing the total costs of goods by the total units.

  • 10 units x $60 = $600
  • 25 units x $65 = $1,300
  • 30 units x $68 = $2,040
  • 15 units x $75 = $1,125

The total cost of inventory is $5,065 ($600 + $1,300 + $2,040 + $1,125)

The total units in inventory are 80 (10 + 25 + 30 +15)

To find the average cost per unit = $5,065 / 80 units = $63.31

If 25 units were left at the end of the year, then the total cost of inventory is $63.31 x 25 = $1,582,81 or $1,583

3 0
3 years ago
Dermot just learned that his company is closing, and all the employees will be laid off. He is distraught and anxious about how
77julia77 [94]

Answer:

b

Explanation:

because you want the employer to know that you learned from your last job

8 0
3 years ago
I'maSolarPanelCo. manufactures and distributes solar panels in the US market. Two years ago, it had 5 US competitors, but govern
Harlamova29_29 [7]

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

5 0
3 years ago
You are holding a stock that has a beta of 1.85 and is currently in equilibrium. The required return on the stock is 28.95%, and
Karo-lina-s [1.5K]

Answer: 41.90%

Explanation:

First calculate the risk free rate:

Required return = risk free rate + beta * (Market return - risk free rate)

28.95% = rf + 1.85 * (18% - rf)

28.95% = rf + 33.3% - 1.85rf

28.95% = -0.85rf + 33.3%

0.85rf = 33.3% - 28.95%

rf = 4.35%/0.85

rf = 5.12%

New required return;

Required return = risk free rate + beta * (Market return - risk free rate)

= 5.12% + 1.85 * (25% - 5.12%)

= 41.90%

3 0
3 years ago
Other questions:
  • Recently, the price of gasoline dropped to just under $3.50/gallon. Economic analysts currently are focusing on questions concer
    8·1 answer
  • Why might network externalities cause a new cable provider to be unsuccessful when it tries to enter the market?
    7·1 answer
  • On January 1 of the current year, the Barton Corporation issued 8% bonds with a face value of $73,000. The bonds are sold for $7
    9·1 answer
  • Causal research describes the marketing phenomena under study. B. Causal research is informal and unstructured. C. Causal resear
    11·1 answer
  • "Product planners need to think about products and services on three levels. The most basic level is the ________, which address
    7·1 answer
  • Radu is a global manufacturer of automotive parts. The annual reporting period ends Dec. 31. Below find balances for all of its
    10·1 answer
  • "Strategies to slow the entry of competitors are important if an organization is entering an industry during the _____ stage of
    11·1 answer
  • Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 7
    5·1 answer
  • After getting married, Joe, 32, and Melinda, 29, decide to take out life insurance policies. Joe would like a 15-year term polic
    7·1 answer
  • Which item was invented in 1972 by minnesota vikings field-goal kicker fred cox? skateboard nerf football super soaker etch a sk
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!