Answer:
The correct answer is Option B.
Explanation:
Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.
The interest expense on the notes is calculated as: Principal x Interest Rate x Time
In this case, the total interest expense is $5,000 x 12%/12 x 1.5 months = $75.
Therefor, total debit to interest expense is $75.
Answer:
Explanation:
Population growth may be described in simple terms as the rate at which the number of people residing in a particular country is increasing or multiplying. Some states or countries have a higher population figure than the other and also higher rate of growth. As population increases, the resources available to people in that community suffers as the burden will also grow. The environment also will also take its own share of the effects as overcrowding seems to creep in together with increased burden on environmental resources and infrastructure. If proactive measures aren't taken in other to boost resources and infrastructure as indaquate handling of population growth will almost always result in environmental and infrastructure degradation or decline.
Answer:
Explanation:
The journal entries are shown below:
1. Purchase A/c Dr $8,500
To Accounts payable A/c $8,500
(Being purchase of inventory is made on credit)
2. Freight-in A/c Dr $45
To Cash A/c $45
(Being freight charges is paid for cash)
3. Purchase A/c Dr $11,985
To Accounts payable A/c $11,985
(Being purchase of inventory is made on credit)
4. Account payable A/c Dr $20,485 ($8,500 + $11985)
To Cash A/c $20,280.15
To Purchase discount A/c 204.85 ($20,485 × 1 %)
(Being the payment is recorded)
Answer:
The correct answer is fixed costs.
Explanation:
Fixed costs are the cost that is spent on fixed inputs. They do not vary with the level of output. For instance insurance, rent, etc. They do not change with the change in the quantity of product, unlike variable costs.
The variable costs are the cost incurred on variable inputs. They vary with the level of output produced.
Under normal conditions, a firm's expected ROE would probably be higher if it financed with short-term rather than with long-term debt, but using short-term debt would probably increase the firm's risk.
Option A
<u>Explanation:
</u>
In business finance, the productivity of an undertaking, also defined as net assets or asset minus debt, is a calculation of its viability with respect to equity.ROE is a calculation about how well funds are used to produce increases in profits.
Companies are able to fund themselves with stocks and bonds. A business will raise its investment value by increasing the number of debt capital compared to its equity capital. There was a misunderstanding. Then you see that the new company has a better ROE because of its financial resources as you split the net income per shareholder's capital stock.
