Answer:
Middleton Corp. will report interest revenue of 133.33 for the period of 2021.
Explanation:
The adjusting entry for the interest receivable for the period ended 31 december will require the Middleton Corp. to record the 4 months interest as interest revenue for the period ended 2021.
The interest on the note for this period is ending 2021 is,
Interest revenue = 4000 * 0.1 * 4/12 = 133.33
The entry on 31 December will be
Interest receivable 133.33 Dr
Interest Revenue 133.33 Cr
A common-size income statement is an accounting statement that expresses all of a firm's expenses as a percentage of total equity.
In mathematics, a percentage is a number or ratio expressed as a fraction of 100. It is often indicated by the percent sign '%', but the abbreviations 'pct.', 'pct', and 'pc' are also sometimes used. Percentages are dimensionless numbers. It has no units of measure. Wikipedia
The percent difference between two values is calculated by dividing the absolute value of the difference between the two numbers by the average of those two numbers. Multiplying the result by 100 gives the answer as a percentage, not as a decimal. Finding 10% of a number means dividing by 10, so it's common to think that finding 20% of a number requires dividing by 20. To get 10% of a number you need to divide by 10. Because 10 goes into 100 10 times. So to get 20% of a number, divide by 5. Because 20 goes into 100 5 times.
Learn more about percentages here
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Answer:
It is said that the country imposes a tariff on the foreign produced goods due to this implementation of tariff the demand for the domestic goods is also high, as a result the exports demand rises. Due to this effect the real exchange rate rises from E1 to E2 and the equilibrium point increased from point one to another.
That is false
The court would never do that , but before you would eat , you need to check if this belong to you or not
Answer:
the condition that has been reached is market equilibrium.
