<span>The given data shows that Watson Enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with Erikson Company. Below are the journal entries that should be recorded upon signing the note:
1.Debit Accounts Payable $24,000
2.credit Notes Payable $24,000.</span>
Answer:
The firm must save $45,172.02 monthly for 24 months to be able to pay $1,130,000 at 4.3% compounded monthly as found in the attached
Explanation:
In calculating the monthly saving , I used the PMT function in excel,whose formula is given as PMT(rate,nper,pv,-fv)
r represents the rate on the savings given as 4.3% annually but 0.36% per month (4.3%/12 months), as the compounding is done monthly.
nper represents the duration of savings,given as two years but multiplied by 12 months to reflect monthly compounding horizon
pv is the present value zero as it is not given and not required
Fv is future value given as $1,130,000
Find detailed computation in the attached.
Answer:
Acrophobia
Explanation:
Acrophobia sometimes develops in response to a traumatic experience involving heights, such as: falling from a high place. watching someone else fall from a high place. having a panic attack or other negative experience while in a high place.
Answer:
b. Hold the seller in breach of the entire installment contract when a nonconforming installment substantially impairs the value of that installment alone.
Explanation:
In installment contract, the seller and the buyer agrees on the ways through which the buyer will pay for the goods which he or she purchases installmentally rather than a one off payment. In a situation where the agreement has been reached, <em>it expected that the buyer and the seller to conform to the said agreement. However,the seller is hold in breach of the entire installment contract if there is impairment of the value of the goods substanstially.</em>
<span>Gender would not be an effective base for market segmentation in this example in which they do not constitute distinct identifiable segments, because the segments are not </span>differentiable. Differentiable segments are segments in which the<span> </span>segment<span> boundaries can be stated clearly. In this case this is not possible, because both men and women respond similarly to the same marketing mix.(there are no differences).</span>
