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natulia [17]
4 years ago
13

For a note receivable that was created on November 1, 2018 and is due for repayment on October 31, 2019, what is the time fracti

on needed to compute interest revenue for the year ended December 31, 2018? Multiple Choice a.2/12 b.2/10 c.12/12 d.22/12
Business
1 answer:
Alenkasestr [34]4 years ago
5 0

Answer:

Correct answer is A.

2/12

Explanation:

The total time period for which interest will be accrued and will be credited to the interest income account would be for the period November 1,2018 - December 31,2018 i.e 2 months.

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Mariah applied for a loan at a financial institution. The loan officer will look at ____ to determine if she will qualify.
kow [346]

Answer:

im not sure but i think it is d

Explanation:

4 0
3 years ago
What is an acceptable loss of inventory in retail market?
k0ka [10]
High Cost Products Although average annual retail shrinkage hovers in the area of 1.5 percent, specialty stores carrying an inventory of high-demand products risk higher annual shrinkage due to theft.Or <span>Other high-risk products include men's and women's clothing at more than 3 percent annual shrinkage; </span>
3 0
3 years ago
A salesperson who calls phone numbers from a purchased list of new parents and asks, "Have you been considering the purchase of
SCORPION-xisa [38]

Answer: Prospecting stage

Explanation:

 The prospecting stage is one of the first step in the personal selling process which basically used for identifying the efficient consumers and also developed the customer database in the system for the purpose of communication.

The prospecting stage is basically refers to the database, social contacts, various types of trading show that are used for locating the potential consumers according to the requirement.

Therefore, Prospecting stage is the correct answer.

5 0
3 years ago
Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn,indorses it to Mona, who
Liula [17]

Answer:

a. Jake, Kim, or Lou.

Explanation:

A promissory note is a signed document with a signed written promise on paying a specific amount of money to the owner of the note on a specific date or on demand. This being said an individual can only collect payment on the note from those who had it before them, therefore in this scenario Mona can collect payment from either Jake, Kim, or Lou.

3 0
4 years ago
Following a self improvement plan takes a lot of discipline.<br> a. True<br> b. False
BARSIC [14]
The correct answer is B). True , this is true because trying to train yourself to do something is very hard , this is a fact because we all have something that distracts us believe it or not.

Planning to self improve your actions or thinking can be quite tricky due to daily habits and hobbies.

I hope this helps you.  
8 0
3 years ago
Read 2 more answers
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