Answer:
debit to Interest Receivable of $10
Explanation:
In the first place, at the end of December, it would have been a month since the note receivable was received, which means that the interest for 1-month would have become due, in other words, the interest for 1 month is computed thus:
interest due=8%*1/12*$1,500
interest due=$10
The interest has not been received, the claims that the other party owes us $10 means that we would debit interest receivable with $10(asset) and we would credit interest revenue (income) because an increase in the asset is a debit entry whereas an increased income would have a credit entry.
As a result, the correct option has a value of $10 and a debit to interest receivable since there is no credit to interest revenue in the option
A publicly traded company are the only company's listed on the stock exchange.
Answer:
c
Explanation:
when Offering the business more efficient ways to make and encourage the business can develop
Answer: $489,000
Explanation:
Amount of sales required = (Fixed cost + Desired operating income ) / Contribution margin ratio
Contribution margin ratio for Cover-to-Cover Company:
= Contribution margin / sales
= 77,800/ 389,000
= 20%
Desired operating income = Current income + income increase
= 58,350 + 20,000
= $78,350
Amount of sales required:
= (19,450 + 78,350) / 20%
= $489,000
Answer:
Differentiation strategy, is the right answer.
Explanation:
In Bussiness studies, a differentiation strategy is a method of developing the business by providing the customers with something different or unique from the items offered by their competitors in the marketplace. The increase in the competitive advantage is the main objective behind implementing a differentiation strategy. By analyzing its strengths, weaknesses, the needs of customers and the prices they can provide, a business can accomplish this.
