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
vovangra [49]
3 years ago
9

OS Environmental provides cost-effective solutions for managing regulatory requirements and environmental needs specific to the

airline industry. Assume that on July 1 the company issues a one-year note for the amount of $4.1 million. Interest is payable at maturity. Required: Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each of the following independent assumptions: (Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).)

Business
1 answer:
Marat540 [252]3 years ago
3 0

Answer:

See attached file

Explanation:

You might be interested in
Fortune Drilling Company acquires a mineral deposit at a cost of $5,900,000. It incurs additional costs of $600,000 to access th
IgorC [24]

Answer and Explanation:

the journal entry is given below:

Depletion Expense $1,358,500

         To Accumulated Depletion $1,358,500.

(Being depletion expense is recorded)

Here the depletion expense is debited as it increased the expense and credited the accumulated depreciation as it decreased the assets

Working note

Depletion expense is

= ($5,900,000 + $600,000) ÷ $2,000,000 × 418,000

= $1,358,500

8 0
3 years ago
Marketing strategy of strepsils company
QveST [7]

Answer:

InstallCourses

SWOT ANALYSIS ›FMCG ›

Strepsils SWOT Analysis, Competitors, STP & USP

Published by MBA Skool Team, Last Updated: April 20, 2020

SWOT analysis of Strepsils analyses the brand by its strengths, weaknesses, opportunities & threats. In Strepsils SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Strepsils to benchmark its business & performance as compared to the competitors. Strepsils is one of the leading brands in the FMCG sector.

The table below lists the Strepsils SWOT (Strengths, Weaknesses, Opportunities, Threats), top Strepsils competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).

5 0
3 years ago
Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
masha68 [24]

Answer:

Debit Petty Cash $250; credit Cash $250

Explanation:

Based on the information given we were told that the Company establishes the amount of $250 as a petty cash fund on September 1 which means that The journal entry to record the establishment of the fund on September 1 is:

Debit Petty Cash $250

Credit Cash $250

5 0
3 years ago
Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte
bezimeni [28]

Answer:

a.common stock.

Explanation:

The additional $10,000 of owners equity after listing on the stock market will be named as common stock. After listing company issues shares for capital investment in it. Common stock is the appropriate term used for every addition in the owners equity. So the correct option is a.common stock.

7 0
3 years ago
Ben bought a local artist's painting for $2,100. Several years later. Ben sold it for $2,700. The year Ben sold the painting. He
slega [8]
The correct answer is C: 28%

to solve you have to subtract the amount of change, so 2700-2100= 600
then you take 600 divide by the original number which is 2100. so your equation is change divided by original, or in this case 600/2100, when you divide the equation you get an answer of 0.28, you then have to move the decimal 2 places to the right, to get an answer of 28%

hope this helped! :)
4 0
3 years ago
Other questions:
  • A business firm's interaction with the environment is a characteristic of an open system true or false
    7·1 answer
  • A shoe manufacturer sells high-end designer shoes to wholesalers who, in turn, sell a variety of shoes and other leather accesso
    6·1 answer
  • In the neoclassical model, which is the most accurate explanation for the information depicted in the aggregate demand curve? As
    13·1 answer
  • Al's obtained a discount loan of $68,500 today that requires a repayment of $93,228, 4 years from today. What is the APR
    13·1 answer
  • Xerox pioneered the first portable fax machine. In 1980, the price was $12,700. Xerox used a(n) __________ pricing strategy to h
    5·1 answer
  • Pandora pioneered a new way to broadcast music. This kind of breakthrough of creating ________ ways to solve old problems or mee
    9·1 answer
  • Andrea's opportunity cost rate is 12 percent compounded annually. how much must he deposit in an account today if he wants to re
    9·1 answer
  • Who should Jake Paul fight next? Currently in an argument with my brother!!
    7·1 answer
  • If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
    13·1 answer
  • When an existing contract is replaced with an entirely new contract , it is called
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!