Answer:
A) debit interest expense, $1000
Explanation:
to determine the accrued interest expense = $100,000 x 6% x 2/12 = $1,000
the journal entry should be:
December 31, 2018, accrued interest expense on note payable:
Dr Interest expense 1,000
Cr Accrued interest payable 1,000
Accrual accounting establishes that expenses must be recognize during the period that they occur regardless of when they are paid. So we must recognize 2 months worth of interest.
<span>MRP stands for Material Requirements Planning and thus for the planning of the demand for necessary raw materials. If properly planned, the error rate decreases and productivity increases.</span>
Answer:
Neither nominal damages nor punitive damages.
Explanation:
Nominal damage is defined as money from a defendant that is awarded to a plaintiff for a legal wrong. The amount awarded does not meet up to the financial loss incurred.
Punitive damage is the type that is awarded to punish the defendant for an injury or wrong done to a plaintiff. This is also called exemplary damages.
In the given scenario the owner will not be able to recover either punitive or nominal damages from the movers.
This is because movers used a rope and pulley apparatus to lift the anvils on the outside of the building to a second-story window. This was aimed at not harming anyone within the building.
Also when it fell the anvil was not even dented.
So there was no basis for the negligence charge as there was no injury inflicted.
Well, it matters what career he wants. If it involves his family friends and coach, them he should ask them.
Answer: (B) Systematic, Unsystematic
Explanation:
The systematic risk is one of the type of investment and it is measured by investment return covariance in the market. The systematic risk is basically divided by market risk once it is calculated.
The premium risk of the security is mainly determine by the systematic risk and it is not depend upon its unsystematic risk.
The unsystematic risks is basically inherited from the specific industry and the risk can be reduced by the diversification.
Therefore, Option (B) is correct.