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allochka39001 [22]
3 years ago
7

Universal Travel Inc borrowed $500,000 on November 1, 2018 and signed a twelve month note bearing interest at 6% Principal and i

nterest are payable in full at maturity on October 31, 2018. In connection with this note, Universal Travel Inc. should report interest payable at December 31, 2018 in the amount of: A) $5,000 B) $30,000 C) $25,000 D) $8,000
Business
1 answer:
horrorfan [7]3 years ago
4 0

Answer:

Interest will be $5000

So option (A) will be correct option

Explanation:

We have given principal amount P = $500000

Rate of interest = 6 %

Time is November 1 to December 31

So time = 2 months = 0.1666 year

Interest is given by

Interest =\frac{principal\ amount\times rate\times time}{100}=\frac{500000\times 6\times 0.1666}{100}=$5000

So option (a) will be correct option

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Answer: A. The VP of customer service is correct. Since the cost was not taken into account at the beginning of the project, the project should not go forward as planned. Project initiation should be revisited to examine the project plan and determine how changes can be made to accommodate customer service. B.

Explanation:

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3 years ago
Explique la teoría del valor y de un ejemplo con algún bien o servicio de su uso cotidiano. (colombia)
emmasim [6.3K]

Answer:

En economía, se habla de teorías del valor para indicar el conjunto de concepciones sobre la génesis y determinación del valor, como propiedad de las mercancías distinta del costo y lógicamente antecedente al precio, que constituye su manifestación fenomenal en esta perspectiva.

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6 0
3 years ago
Assume that the following events occurred at a division of Generic Electric for March of the current year:
Crank

Answer:

$192 million; $153.60 million; $38.40 million

Explanation:

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= $192 million

(2) Transfer-out:

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