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Oliga [24]
2 years ago
6

Flipco signed a 15​-year note payable on January​ 1, 2018​, of $900,000. The note requires annual principal payments each Decemb

er 31 of 60,000 plus interest at 10​%. The entry to record the annual payment on December​ 31, 2022​, includesA. a debit to Interest Expense for $ 36, 000.
B. a debit to Interest Expense for $ 40, 000.
C. a credit to Notes Payable for $ 80, 000.
D. a credit to Cash of $ 120, 000.
Business
1 answer:
MrMuchimi2 years ago
3 0

Answer:A debit to interest expense for $36,000

Explanation:

interest expense= 800,000-80,000 = 720,000 5% 12/12

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Markets are classified as either
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As either? did you finish it?
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3 years ago
Acording to rule 72 in about how many years will $82 be worth $41 if the rate of inflation is 5.6
WINSTONCH [101]
The answer would be 12.9 years because 72/5.6 = 12.85 years (just round up the number and you get 12.9)
4 0
3 years ago
Read 2 more answers
Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor
ZanzabumX [31]

Answer:

Unit less Labor Productivity:

For Deluxe Cars=133.333

For limited Cars=135.714

Labor Productivity in units/hour:

For Deluxe Cars=0.2 units/hour

For limited Cars=0.2 units/hour

Labor Productivity in units/hours does not consider the price at which car is sold and the labor rate while the unit less labor productivity considers the both.

Explanation:

Unit less Labor Productivity Calculations:

For Deluxe Cars=\frac{4000*8000/car}{20000hour*12/hour}

For Deluxe Cars=133.333

For limited Cars=\frac{6000*9500/car}{30000hour*14/hour}

For limited Cars=135.714

Labor Productivity in units/hour

For Deluxe Cars=\frac{4000 units}{20000hour}

For Deluxe Cars=0.2 units/hour

For limited Cars=\frac{6000 units}{30000hours}

For limited Cars=0.2 units/hour

Labor Productivity in units/hours does not consider the price at which car is sold and the labor rate while the unit less labor productivity considers the both. But a manager especially department manager who has better understanding of units/hour will not use the unit less labor productivity. Unit less labor productivity is used by high level managers.

5 0
2 years ago
Jacob, the CEO at Einstein Inc., learns that his company is perceived as low-value by customers. He plans to combat this by hiri
zepelin [54]

<u>Answer:</u>Option A

<u>Explanation:</u>

It can be learnt from the above case that Einstein inc requires highly qualified employees to take over the operations to increase the company's value.While hiring Jacob has to consider the employees with core competencies. Organisations should have employees with core competency to bring efficiency and productivity in their company.

Core competencies can be classified based on the technical knowledge and behavioral characteristics. Technical know how helps to perform the job right away while behavioral traits helps in adopting to the company and create a valuable organizational culture.

3 0
2 years ago
A ________ demand curve for shampoo would be caused by a change in the price of shampoo.
aleksklad [387]

Answer:

c) movement along 

Explanation:

A change in price of shampoo would lead only to a movement along the demand curve for shampoos. The movement could either be up or down. If price increases, the movement is up and if prices decreases, the movement is down.

Changes in price affect the quantity demanded. If price is increased, quantity demand falls and if price falls, quantity demanded rises.

Other factors lead to a shift of the demand curve. Some of them include:

1. Change in consumers income

2. Change in taste

3. Change in price of subsituites.

I hope my answer helps you

6 0
3 years ago
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