Answer and Explanation:
The journal entry at the time of receiving the note is as follows:
Note receivable Dr $11,000
To Account receivable $11,000
(Being the note receivable is recorded)
Here the note receivable is debited as it increased the assets and credited the account receivable as it decreased the assets
Answer:
culture shock
Explanation:
It seems that Shelly is most likely experiencing culture shock. This is a set of feelings that occurs to most individuals when they move to a location that is very different than their home. Since Shelly moved from the US to China and the culture is completely different, it causes Shelly to not feel comfortable in this new location. Individuals experiencing culture shock experience many distinct feelings but ultimately adjust to the new environment and begin getting comfortable in this new location.
Answer:
The correct answer is The consumers are sincere in revealing their true natures.
Explanation:
This is not a condition because the company does not take into account factors of this type to determine price changes, to consider the setting of new prices for products. In order to determine these changes, you must establish real data on the behavior of demand and determine if the goods produced have the characteristic of being storable to be traded over a longer period of time.
Answer:
33,610.42 units
Explanation:
For computing the minimum annual production rate first we have to determine the annual worth by using the PMT formula which is shown below:
Given that
Present value = $258,388
Interest rate = 10%
NPER = 7 years
Future value = $0
The formula is shown below:
= PMT(RATER;NPER;-PV;FV;type)
The present values comes in a negative
After solving this, the annual worth is $53,074.32
And, the annual operating maintenance cost is $28,599
So, the revenue should be
= $53,074.32 + $28,599
= $81,673.32
Now the minimum annual production rate is
= $81,673.32 ÷ $2.43
= 33,610.42 units
