Answer:
$75,131
Explanation:
The computation of the amount of note payable credited is shown below:
Notes payable is
= Agreed amount to pay × present value factor at 10% for 3 years
= $100,000 × 0.75131
= $75,131
By multiplying the agreed amount to pay with the present value factor at 10% for 3 years we can get the amount credited to the note payable
Answer:
see below
Explanation:
Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.
Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.
Amazon is widely believed to be leading the pack in developing this technology Move comes as Google and Amazon are devising an air traffic control system. Amazon is already experimenting with drone delivery (Prime Air), and has made successful deliveries to consumers within 13 minutes of their click-to-order. While the regulatory environment doesn’t yet support widespread drone delivery, experts believe it won't be for long.
Answer:
Option (B) is correct.
Explanation:
Wendell's total stockholders' equity increase during the recent year of operation:
= Issued common stock - Cash dividend declared + Net Income - Stock dividend distributed + Sale of treasury stock below cost
= $50,000 - $20,000 + $70,000 - $23,000 + $7,000
= $84,000
Therefore, Wendell's total stockholders' equity increase by $84,000.
