Answer and Explanation:
The journal entry is shown below
Cash $46,620
To Notes Receivable $44,400
To Interest receivable ($44,400 × 15% × 120 days ÷ 360 days)
(Being the cash received is recorded)
Here we debited the cash as it increased the assets and at the same time we credited the interest receivable and the note receivable as it decreased the assets
The same is to be considered
<span>The Trump office has been accused of placing greater importance on their own business interests, and no interest at all on environmental concerns.Trump has made it clear that he has no intention to improve the earth's environment in the future.</span>
Answer: Advertising seeks to appeal to a mass audience with a uniform message.
Explanation: Advertising involves creating awareness about a product or service to the public through the various channels of communication.
Advertising aims at getting across a message of a product to its target customers via the various channels of communication such as: social media, T.V, radio etc.
Answer:
$764,400
Explanation:
Given that,
Net income under variable costing = $772,200
Beginning inventories = 7,800 units
Ending inventories = 5,200 units
Fixed overhead per unit = $3
Net income under absorption costing:
= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]
= $772,200 - [(7,800 - 5,200) × $3]
= $772,200 - $7,800
= $764,400
Answer:
What is the initial cost of the project?
the initial cost or initial outlay = $100
how much value is created?
the NPV of the project = -$100 + $50/1.1 + $50/1.1² + $50/1.1³ = $24.34
the NPV basically gives us how much value or wealth is created by the project
and what would you be willing to sell the project for?
selling price = $124.34 (= initial outlay + NPV)