Answer:
Middleton Corp. will report interest revenue of 133.33 for the period of 2021.
Explanation:
The adjusting entry for the interest receivable for the period ended 31 december will require the Middleton Corp. to record the 4 months interest as interest revenue for the period ended 2021.
The interest on the note for this period is ending 2021 is,
Interest revenue = 4000 * 0.1 * 4/12 = 133.33
The entry on 31 December will be
Interest receivable 133.33 Dr
Interest Revenue 133.33 Cr
One thing that a weak company culture does is that it D. promotes greed-driven and unethical behaviors.
<h3>What is the effect of a weak company culture?</h3>
A weak company culture is one that allows for unethical behavior to be perpetrated with impunity.
Such a culture would give rise to greed as people try to outpace each other through unethical actions.
This means that there would be little teamwork and instead a toxic environment would be the order of the day. Such a company cannot hope to survive for too long before it crumbles.
In conclusion, option D is correct.
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Answer:
d. the law of demand
Explanation:
One of the foundations of current economy, the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.
This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.
Answer:
The answer is. C) any buyer who is willing and able to pay the price will find a seller for the product.
Explanation:
At a product's equilibrium price, the quantity demanded of the product equals the quantity supplied of the product. So that means that there will always be a supplier willing to sell the product to any consumer who is willing to pay for that product.
