Answer:
the gift shop must recognize 31 days of accrued interest payable, total interest = principal x interest rate x time passed
= $50,000 x 12% x 31/365 days = $509.59
the adjusting entry should be:
December 31, accrued interest on note payable
Dr Interest expense 509.59
Cr Interest payable 509.59
10 million years ago the distance between what is today New York City, and London, England was closer than today.
<h3>What do the movement of tectonic plates cause?</h3>
There are several effects of tectonic plates constantly being in motion and one of them is that continents are moving further away from each other.
Places that were closer to each other millions of years ago are no longer close to each other. One example is New York City which would have been closer to London if this were 10 million years ago.
Options for this question include:
- closer than today
- further than today
- same distance as today
Find out more on the movement of continents at brainly.com/question/12864737
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Answer:
The correct answer is B. Lara cannot be legally terminated for smoking outside the workplace.
Explanation:
If the conduct is not based on facts that occurred in the performance of her duties, Lara cannot be fired by Bright Daffodils. In this case, people have legislation that protects them and, in the event of dismissal, Lara can request the reinstatement of their work because, within the structure of the law, smoking is not considered a crime. Despite this, Lara must comply with internal policies and must not smoke during her working hours.
Answer:
d. Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight.
Explanation:
Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight because this bond is risky and uncertain.
This means the company would not want to run at a loss
Answer:
Letter A is correct.<u> </u><em><u>Unsystematic</u></em><em> </em>risk.
Explanation:
Unlike systematic risk, which is an inherent market risk, unsystematic risk is inherent in a specific sector or company.
The case in point concerns the investment of former AlphaEnergy employees, which is a unsystematic risk, as the investment risk in single-company shares includes regulatory changes, management changes, loss of market due to competition and withdrawal of the product from the market.
To reduce this type of risk, investors should seek diversification in their stock portfolio.