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zhuklara [117]
3 years ago
5

On August 1, 2018, Deeva, Inc., sold equipment and accepted a six-month, 9%, $50,000 note receivable. Deeva's year-end is Decemb

er 31. How much interest revenue should Deeva accrue on December 31, 2018
Business
1 answer:
Bingel [31]3 years ago
4 0

Answer:

$1,875

Explanation:

Given that,

Amount of note receivable = $50,000

Time period = 6 month

Interest rate = 9%

Interest amount:

= Principle amount × Interest rate × Time period

= $50,000 × 0.09 × (6/12)

= $2,250

Interest Accrued from 1 August to 31 December :

= (Interest amount ÷ 6 months) × 5 months

= ($2,250 ÷ 6 months) × 5 months

= $375 × 5 months

= $1,875

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The shoe company TOMS gives a pair of shoes to a needy child for every pair that it sells. This is an example of a company which
slega [8]

Answer: Corporate Social Responsibility

Explanation:

 The corporate social responsibility is one of the type business model that supporting the various types applications which is ethically oriented and it also manage all the functions in an organization.

The main objective of the corporate social responsibility is that it helps in boost the morale of an employee and also helps in increase productivity of the company.

According to the given question, the shoes firm TOMS denote the shoes to the needy children and this is one of the example of the corporate social responsibility in an organization.

Therefore, Corporate Social Responsibility is the correct answer.        

7 0
3 years ago
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.08 million and investment in operating capital of $2.08 mi
Ksivusya [100]

Answer: $11.16 million.

Explanation:

Free Cash Flow Catering Corp Earnings Before Interest and Tax (EBIT) can be calculated by the following formula,

EBIT = Operating Cashflow + Taxes - Depreciation.

Operating Cashflow = Free Cashflow + Investment in Operating Capital

= 8.08 million + 2.08 million

= $10.16 million

EBIT = 10.16 million + 2.08 million - 1.08 million

EBIT = $11.16 million.

5 0
3 years ago
In the early days of book publishing, publishers functioned as:
podryga [215]

The publishers in the early days of book publishing are considered to be no other than just a printer for they are able to publish books and have them written on a reading material which is why they are functioned to be as printers.

3 0
3 years ago
​"Relevant costs for pricing decisions are full costs of the​ product." Do you​ agree? Explain. A. ​Yes, full costs of the produ
dedylja [7]

Answer:

c

Explanation:

depend on the scenario.. all costs that are directly related to that decision all relevant cost.

7 0
3 years ago
According to the United Nations, there were roughly 300 million humans on the planet 1,000 years ago.
defon

Answer:

d) The answer is impossible to determine from the given information

Explanation:

One might think that the correct answer is the b) it rose. However, you should consider that the statement is comparing the lifestyle of humans 1000 years ago with modern standards of poverty. Which is not entirely correct, since 1000 years ago <u>antibiotics had not been discovered, nor had processes developed to purify water, much less invented means of transport such as train or cars</u>. It is possible that 1000 years ago, lacking these comforts wasn't an indicator of poverty as it is today, basically because at that time in history those things didn't exist.

7 0
3 years ago
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