Answer:
The borrower records its receipt of cash and new liability with this entry
Jan 1 Notes Receivable $10,000 Dr.
Sales / Accounts Receivable $10,000 Cr.
Received Note of 3 months with 9% interest
The entry would credit to Sales if it is received against sales or credit to account receivable isf it is received against accounts receivable for a further time period as the case may be.
Answer: =(B2+1.5)*(B3+1.5)*(B4+1.5)*(B5*1.5)
Explanation: my guess
Answer:
c. accept the loan with the lower effective annual rate rather than the loan with the lower annual percentage rate.
Explanation:
In the above scenario it will be a good financial decision to choose a loan with lower effective rate than the one with lower percentage rate.
Effective rate is defined as the real interest rate on a loan or the actual amount that is to be repaid annually on a loan. It gives a truer picture of cost of borrowing money.
Percentage rate is interest paid on a loan expressed as a percentage of the total amount collected. It usually includes various fees and charges collected by the lender. So it is not a true reflection of the cost of borrowing
The type of market segmentation used by the editorial board
of gamers’ page is an example of psychographic segmentation in which is an advantageous
method in the business or marketing field as it allows them to focus on
specific ideas such as their designs. It is a way of dividing specific topics
or areas in marketing into segments with the use of factors that could describe
each. It could be seen in the paragraph above as sports and gaming are
segmented in which they target people who enjoys games.
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Answer:
Why should I care?
Explanation:
It is the most important factor for decision making. if there is no link to a person needs then there is no attention paid to the advertising.
