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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

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For the green it would be 6/10 and the red 2/10
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3M Co. reports beginning raw materials inventory of $986 million and ending raw materials inventory of $928 million. 3M purchase
Rudiy27

Answer:

$4,634 million

Explanation:

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Hence the relationship may be stated as

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Suppose you work in Management and are collaborating with Human Resources to create a regression equation to predict turnover (p
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We can actually deduce here that when building the Complete 2nd Order Model, one can do all except: C. Create an interaction between age and each of the levels of job satisfaction.

<h3>What is Complete Second Order Model?</h3>

The complete second degree (order) model is actually known to be a polynomial model that includes the linear terms, second degree terms and the interaction term.

The options that complete the question are:

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Thus, options C is the one that wouldn't be carried out in the Complete Second Order Model.

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7 0
2 years ago
Coronado Company sells merchandise on account for $4600 to Wildhorse Company with credit terms of 2/10, n/30. Wildhorse Company
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Answer:

$3,528

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