1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jlenok [28]
3 years ago
5

A company has a $4,000, 270-day, 6%, note payable recorded on its books which was dated July 2, 2013. The interest expense is pa

id when the note matures. How much interest expense must be accrued on December 31, 2013, which is the end of the accounting period? Assume a 360-day year, use the exact number of days in your calculations, and round your answer to the closest penny.
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
5 0

Answer:

Interest expense accured = $121.33 (

Explanation:

The exact number of days from July 2 through December 31, 2013 is 182 days.

The accrued interest  (182/360) x $4,000 x 6% = $121.33

You might be interested in
Monty has launched a company with the help of crowdfunding. He wants to secure the computer algorithm that he uses in his primar
ohaa [14]

Answer: A. Utility Patent

Explanation:

Generally speaking there are 3 types of patents including Utility, Design and Plant Patents.

The relevant patent here however is the Utility Patent.

Utility Patents enable the protection of a NEW and USEFUL process, product or machine. It is essentially meant to protect inventors and their invention from others who may seek to use the invention in any way without permission.

Algorithms fall under this patent as well and as such it is best that Monty uses it.

7 0
3 years ago
Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief ment
tester [92]

Answer:

<em>Inaccurate</em>

Explanation:

<em>The information that was given to Alex Timbers who was a wood supplier that furniture manufacturing company requires teak wood, this information was </em><u><em>inaccurate</em></u><em>.</em>

Because we can see in the scenario which is mentioned in the question that the quality specialist of that furniture manufacturer company observes that the logs that was sent by Alex Timbers are very big, as the company itself ordered for teak wood, and we know that teak wood is very big. So, we can say that information provided by the company was inaccurate.

4 0
3 years ago
What is the best way to avoid misusing words in your business and technical writing
Dafna11 [192]
I would say C or D. Remember, bombastic words are not required.
7 0
3 years ago
Read 2 more answers
A company creates 40 units of a product using 30 hours of labor and 15 sheets of paper. Labor costs $10/ hour and paper costs $5
Scorpion4ik [409]

Answer:

0.038 units per $ of factor costs

Explanation:

Labor cost for 40 units  = 30 hours × $10/hour = $300

Cost of paper for 40 units = 15 sheets × $50/sheet = $750

Output = 40 units

Multi factor productivity is expressed as;

Multi factor productivity = Output/Total Factor cost

Multi factor productivity = 40 units/$1050 = 0.038 units per $ of factor cost

Multi factor productivity is a measure that depicts units produced for every $ of factor products used. In the above case 2 factors i.e labor and paper are used.

8 0
3 years ago
Which one of the following is a possible sign of poor listening?
Sedbober [7]
I believe the answer would be D
8 0
3 years ago
Other questions:
  • Is a GED the same as a high school diploma? Explain.
    14·2 answers
  • Promoting college and career readiness, influencing the achievement of a shared goal, and assuming the responsibilty for the cre
    9·1 answer
  • Fruits in their season cost less than when they are not in season. This is an example of a situational influence on value. Which
    14·1 answer
  • This month, Susan, the branch manager of Intrepid Car Rentals, has heard several complaints from customers that Intrepid employe
    5·1 answer
  • A popular hotel has continued to lose business in its room service food sales over the last five years. Using the Six Sigma DMAI
    7·1 answer
  • What is the greatest concern with applying new technologies like the cloud in manufacturing?
    13·1 answer
  • Do you think your career goals will be the same 5 years from now? 10 years from now? Why or why not?
    5·2 answers
  • Why is labour productivity important for some businesses?
    5·1 answer
  • What does Expected Family Contribution mean?
    10·2 answers
  • he concept of ______ is probably the best single measure of an industry's impact.A. total outputB. total spendingC. aggregate ma
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!