The answer of the above question is “product”.
Answer:
Given that,
Note face value = $12,000
Interest rate = 7%
Time period = 90 days
Interest amount:
= Face value × Interest rate × Time period
= $12,000 × 0.07 × (90/360)
= $210
Therefore, the journal entry is as follows:
On October 30,
Interest receivables A/c Dr. $210
To Interest revenue $210
(To record the interest value on note)
Answer:
b. an ethical duty beyond those duties mandated by law.
Explanation:
Business ethics involve policies and practices concerning duties that go beyond those mandated by law. Anyhow, the law sets the tone for business ethics as a guideline that a company can follow to foster and gain public approval.
Quince's right to hold ray liable for any damages he has to pay is the right of indemnification. The correct answer is letter A. Indemnification is defined as a contractual obligation by which one party is obliged to compensate the loss by which the associated party has experienced because of the act done by the other.
Answer:
Dumping
Explanation:
Dumping is protectionist strategy in which a company sells its exports to another country at a lower price than it sells the same product in its domestic market. Dumping is usually associated with a substantial volume of export of a product, it often endangers the financial viability of the product's manufacturer or producer in the importing nation.
