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Serhud [2]
3 years ago
6

Universal Travel Inc. borrowed $500,000 on November 1, 2018, and signed a 12-month note bearing interest at 6%. Interest is paya

ble in full at maturity on October 31, 2019. In connection with this note, Universal Travel Inc. should report interest payable at December 31, 2018, in the amount of:$8,000.$30,000.$5,000.$25,000.
Business
1 answer:
Dennis_Churaev [7]3 years ago
3 0

Answer:

$5,000

Explanation:

The computation of the interest payable is shown below:

= Borrowed amount or Principal  × rate of interest × (number of months ÷ total number of months in a year)

= $500,000 × 6% × (2 months ÷ 12 months)

= $5,000

The 2 months is calculated from November 1, 2018, to October 31, 2019

It is somewhat similar to the simple interest formula.

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What is the problem with exporting large amounts of central american agricultural products?.
inna [77]

There are a few problems that can arise from exporting large amounts of central American agricultural products. One is that the products may not be able to meet the demand in other countries, which can lead to prices rising and products becoming scarce.

What is American agricultural?
With only one farmer or farm worker needed on average per square kilometre of cropland for agricultural production, American agriculture is highly mechanised. Even though farming is practised in every state in the US, it is most prevalent inside the Great Plains, a vast area of flat arable land in the middle of the country, west of the Great Lakes as well as east of a Rocky Mountains. The Corn Belt, which produces a lot of corn and soybeans, is located in the wetter eastern half, and the Wheat Belt, which produces a lot of wheat, is located in the drier western half. Fruits, vegetables, and nuts are produced in the Central Valley of California.

Additionally, if the products are not properly stored or shipped, they can spoil and become worthless. Finally, if the products are not marketed properly, they may not sell well and may not generate the income that was expected.

To learn more about American agricultural
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8 0
1 year ago
A unit volume objectives for pricing should be used judiciously because higher volume goals can sometimes result in Blank______.
marissa [1.9K]

A unit volume objective for pricing should be used judiciously because higher volume goals can sometimes result in higher pricing. This is further explained below.

<h3>What is the pricing?</h3>

Generally, set the price for the goods or services to be exchanged.

In conclusion, When setting prices, a unit volume aim should be utilized with caution since volume objectives that are more ambitious may often lead to higher prices.

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8 0
2 years ago
____________one of Reich's four key components, is making a reasoned analysis of an opportunity, envisioning potential solutions
satela [25.4K]

Answer:

The correct word for the blank space is: Experimentation.

Explanation:

There are four (4) components companies must be willing to develop if they look for consistency in their operations. Those are <em>abstract reasoning, systems thinking, collaboration, </em>and <em>the ability to experiment</em>. Experimentation implies making an analysis of the market situation and coming up with a solution for the problems taking place, then, setting up a strategy to attempt covering that issue wisely based on the resources of the institution.

6 0
3 years ago
R(0,t) is the Spot Zero-Coupon (or Discount) Rate. It is the annualized rate on a pure Unit Discount bond B(0,t) - the bond that
nikitadnepr [17]

Answer:

0.368

Explanation:

Price of B(0,13) = 1 / (1 + interest rate)^years

Price of B(0,13) = 1 / (1 + 8%)^13

Price of B(0,13) = 1 / (1+0.08)^13

Price of B(0,13) = 1 / (1.08)^13

Price of B(0,13) = 1 / 2.7196237

Price of B(0,13) = 0.3676979247

Price of B(0,13) = 0.368

8 0
3 years ago
In 2019, Rashaun (62 years old) retired and planned on immediately receiving distributions (making withdrawals) from his traditi
lubasha [3.4K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
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