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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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Twenty percent of all businesses in the United States are corporations and they account for 80% of the total business dollars generated.

Explanation:

Small businesses account for more than 99% of America's 28.7 million corporations. The vast majority (88%) of employers are under 20, and nearly 40% of all businesses have less than 100 000 dollars of income. 20% of SMEs are contractor firms and 80% are non-employer businesses.

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3 years ago
a stock is priced at $45 per share. the stock has earnings per share of $3 and a market capitalization rate of 14%. what is the
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The portion of a company's share price that reflects forecasts for future profits growth is known as PVGO. The abbreviation "PVGO" stands for "present value of growth opportunities."

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17. When a business hires another company to
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Transferring risk

Explanation:

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Transference of risk is possible for big firms and allows them to get a real view of the scenarios they can expect to see when they set up operations in a place.

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3 years ago
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3 years ago
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