Answer:
debit to Interest Receivable of $10
Explanation:
In the first place, at the end of December, it would have been a month since the note receivable was received, which means that the interest for 1-month would have become due, in other words, the interest for 1 month is computed thus:
interest due=8%*1/12*$1,500
interest due=$10
The interest has not been received, the claims that the other party owes us $10 means that we would debit interest receivable with $10(asset) and we would credit interest revenue (income) because an increase in the asset is a debit entry whereas an increased income would have a credit entry.
As a result, the correct option has a value of $10 and a debit to interest receivable since there is no credit to interest revenue in the option
Answer:
1,040
Explanation:
The Herfindahl index is an index that is used to measure the size of firms in relation to the industry and it also shows the level of competition among the firms in the industry. The Herfindahl index is also known as Herfindahl–Hirschman Index (HHI).
The Herfindahl index is calculated by summing the square of the market share of all firms in the industry. For this question, it can be calculated as follows:
Herfindahl index = (12^2 * 5) + (8^2 * 5) = 720 + 320 = 1,040.
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Consumer advocates, government agencies, and other critics have accused marketing of harming consumers through planned obsolescence.
Planned obsolescence is a business strategy in which a product's obsolescence—the process of becoming out-of-date or unusable—is anticipated and built into it from the manufacturer's perspective.
Although the phrase "planned obsolescence" didn't become widely used until the 1950s, consumerist society had already adopted the tactic by then. Planned obsolescence still persists today in many different ways, from subtle to overt.
Planned Obsolescence & End of Life: Bad for the Environment and Your Budget One of those overused corporate strategy terms is "planned obsolescence." It essentially shows how things can be created to be ineffective, outmoded, or obsolete. The buyer will nearly always purchase something new as a result.
Learn more about planned obsolescence here
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This could be customer service.
