Answer:
Interest expense for the year: 25,401.6
Explanation:
Carrying value of the note x 8% = interest on note payable
317,520 x 8% = 25,401.6
The interest expense will be for this amount
And the journal entry will be as follow
Interest Expense 25,401.6
Note Payable 25,401.6
As the note is discounted, we will recognize interest until maturity against the note, so it reach their face value at maturity.
Because this interest won't be exigible until maturity, they are accrued interest but do not invovle a cash disbursmement for the period.
Answer:
The correct administrative remedy against such a contractor is to have them suspended.
Explanation:
The role of a technical evaluator is sensitive as it means that he or she would be privy to almost if not all information that has to do with the contract.
In the information provided, the technical evaluator's husband was offered a job at a company competing or bidding for a multi-million dollar contract she was also evaluating.
Their husband didn't ask for the job. They offered it so that they might gain information to their advantage.
The action of this contractor can be classified as fraudulent. One of the administrative actions that can be taken against such is to have them suspended with a threat to have their license permanently revoked if they should make a similar attempt again.
Cheers
Alcohol proof is a measure how much of alcohol ( or ethanol ) is contained in a beer ( same as wine, whiskey, etc ). In the US, alcoholic proof is defined as twice the percentage ( in the UK percentage times 1.75 ).Therefore: 5 * 2 = 10 ( or: 5 * 1.75 = 8.75 ).Answer: It would have a proof of 10.
Simple answer....too break it down if there was no consumers there would be Stores open.
Definition of consumer is a person who purchases goods and services for personal use.
