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den301095 [7]
3 years ago
11

.On February 1, 2018, Middleton Corp. lends cash and accepts a $1,000 note receivable that offers 12% interest and is due in six

months. How much interest revenue will Middleton Corp. report during 2018?
Business
1 answer:
Dvinal [7]3 years ago
6 0

Answer:

interest revenue that Middleton Corp. report during 2018 is $20

Explanation:

given data

cash and accepts = $1,000

interest rate = 12% = 0.12

time = 6 month

to find out

How much interest revenue will report during 2018

solution

we get here Interest revenue that is report during 2018 as

Interest revenue report = $1000 × 12 % ×  \frac{2}{12}

Interest revenue report = $1000  × 0.12  ×  \frac{1}{6}

Interest revenue report =  $20

so interest revenue that Middleton Corp. report during 2018 is $20

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The demand curve faced by a nondiscriminating pure monopoly is _____.
seraphim [82]

Answer: The same as the industry's demand curve

Explanation:

 The demand curve faced by a non discriminating pure monopoly is same as the industry demand curve as, the monopoly facing the demand curve of the industry in the form of the downward sloping demand curve so that the monopolist increased its output demand. A non discriminating monopolist determined the demand curved and ultimately determined the price which are willing for pay.  

7 0
3 years ago
Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
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Answer:

Explanation:

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= 233 barrels

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3 years ago
Green Grocer and Futurity Farms enter into an agreement whereby Futurity will supply Green Grocer with 200 dozen eggs every two
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6 0
3 years ago
Previous
densk [106]
OB is false. Hope that answers your question
6 0
2 years ago
A highly ethical organization must have all the following elements except Multiple Choice corporate credos. role models. payment
givi [52]

Answer:

The correct answer is letter "C": payment plans.

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