Answer:
$34,100
Explanation:
The interest on the installment note for the first year is a function of both the face value of the note and interest rate of 11%
Interest expense on the first annual payment=$310,000*11%
Interest expense on the first annual payment=$34,100
The amount principal repayment in respect of the first annual payment is the amount of payment which is $52,639 minus the interest portion of the payment.
The Principal portion of the first payment=$52,639-$34,100=$18,539
The answer would be False
Answer:
1,140 units
Explanation:
Note : The question requires us to use the weighted-average method. This method focuses on equivalent units of completed units and units still in process only.
Step 1 : Determine units completed and transferred
Units Completed = Beginning units + Units Started - Ending units
= 200 + 1,000 - 100
= 1,100 units
Step 2 : Calculate equivalent units of production with respect to conversion costs
Completed and transferred (1,100 x 100%) 1,100
Ending units (100 x 40%) 40
Total equivalent units of conversion costs 1,140
thus,
the equivalent units of productions for the period (using the weighted-average method) for conversion is 1,140 units.
Answer:
B) unsought goods
Explanation:
The selling concept -
The concept of selling tells that the consumers will not buy enough any product of any firm unless and until it undergoes some large - scale selling and promotional efforts .
This concept is used for unsought goods , the goods those which the buyers do not normally think of buying , example insurance .
Paul Rodriguez who is the President of WV Railroad will need to rely primarily on his <u>Conceptual skills </u>to combat the challenges faced by his organization.
<h3>What are Conceptual Skills?</h3>
Conceptual skills refer to the competence and ability to see the overall organization, grasp how the various elements are interrelated, and analyze how the organization interacts with its external environment.
Conceptual skills also include the capacity to recognize and solve challenges. These abilities enable Presidents or managers of an organization to assess events and devise alternate strategies.
For Paul Rodriguez to combat the challenges faced by his organization, He needs to focus primarily on his conceptual skill as it gives him the ability to:
- Make swift judgments.
- Think critically and
- Come with a logical solution to those problems,
Learn more about conceptual skills here:
brainly.com/question/4382381