1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marizza181 [45]
3 years ago
14

On March 1st, Kalka Company borrowed $5,000 in the form of a three-month note payable with an annual interest rate of 6 percent.

The interest will be paid on May 31st at the same time the note is repaid. The Interest Expense accrued on March 31st will be A : $25. B : $300. C : $100. D : $75.
Business
1 answer:
STatiana [176]3 years ago
7 0

Answer:

Option (A) is correct.

Explanation:

Given that,

On March 1st,

Kalka Company borrowed = $5,000 for a three-month note payable

Annual interest rate = 6 percent

Period = one month

Interest expense accrued=5000\times0.06\times\frac{1}{12}

                                                 = 5000 × 0.06 × 0.083

                                                 = $24.9 or $25

As Kalka Company borrowed $5000 on March 1st and accrued interest expenses on March 31st is $25.

You might be interested in
Marco predicts he will have $18,750 in expenses for one year of college. He expects to receive $3,450 in grants annually. How mu
Rzqust [24]
7650 would be the ansawer 

7 0
3 years ago
Read 2 more answers
What is the definition of a meeting planner?
Yuliya22 [10]

Answer: Option (A) is correct.

Explanation:

An event planner or meeting planner is an individual who is responsible for bringing together every individual implicated in producing a get-together, incentive, special event. This individual understands the intent of the task, or organization's rationale. This requires working with a diverse range of people within the organization, also resources that are considered as external.

4 0
3 years ago
Economic analysis indicates minimum wage legislation has a. made it possible for any teenager who wants to work to earn almost 8
ivann1987 [24]

Answer:

d. is correct

Explanation:

made it easier for teenagers to find jobs that offer the opportunity for training.

Everyone starts a career , step by step, from the minimum salary to the top of income.

5 0
3 years ago
Kraft Foods Inc. joined with the National Latino Children's Institute to announce Salsa, Sabor y Salud - a first-of-its-kind hea
Alik [6]

Answer:

Strategic Giving

Explanation:

The strategy undertaken by Krafts foods is to serve a larger purpose to create a positive imagery in the minds of consumers. In order to fight against obesity Krafts develops a partnership to impact on the emotional aspect of their future consumers i.e Hispanic families.

Entering into new markets through strategic giving helps to establish positive image in the minds of their potential consumers.

3 0
3 years ago
Two groups have different uses for a local field. A bird watching society enjoys studying the ground-nesting swallows that visit
Morgarella [4.7K]

The optimal use of the field during summer season is to provide the field to the bird watching society.

The optimal use of the field during summer season is to avoid the mountain bike camp and allow the bird watching society to enjoys studying the ground nesting swallows that visit each summer because bike camp can be planned at any other location.

But the birds can't nested except this place so the field should allow the bird watching society to enjoys studying the ground nesting swallows on the field so we can conclude that the optimal use of the field during summer season is to provide the field to the bird watching society.

Learn more about field here: brainly.com/question/7227990

Learn more: brainly.com/question/26053891

4 0
3 years ago
Other questions:
  • According to your text, selection methods should accurately predict how well individuals perform, and they should only be applic
    14·1 answer
  • 6. Jan sold her house on December 31 and took a $10,000 mortgage as part of the payment. The 10-year mortgage has a 10% nominal
    9·1 answer
  • If supply and demand for a good both decrease, which of the following is true? Group of answer choices Equilibrium quantity will
    6·1 answer
  • After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger
    10·1 answer
  • Which method of backing up digital photographs involves physical storage of files?
    13·1 answer
  • In late​ 2018, malnutrition was widespread in Venezuela. Writing in an opinion column in the New York Times​, Javier Corrales​ a
    14·1 answer
  • Farm products which are perishable and seasonal nature are supplied by
    9·1 answer
  • The ______ period rate of return is simply the rate of return over some arbitrary investment period.
    12·1 answer
  • How should you follow up an interview? What
    13·1 answer
  • assume bell computer company operates in a perfectly competitive market producing 5,000 computers per day. at this output level,
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!