Answer:
$210
Explanation:
Calculation for what the amount of interest to be accrued on December 31 will be
Using this formula
Accrued interest =Amount lent×Promissory note percentage
Let plug in the formula
Accrued interest=$3,500×6%
Accrued interest=$210
Therefore the amount of interest to be accrued on December 31 will be $210
Answer:
the firm's cost of equity is 17.808%
Explanation:
A firm's cost of equity is the return expected by holders of Common Stock.
The Data available allows us to use the Capital Asset Pricing Model (CAPM) to determine the cost of Equity.
Cost of Equity = Risk Free Rate + Company`s Beta × Expected Return on Market Portfolio
= 2.8%+1.34×11.2%
= 17.808%
Answer:
Option D. management estimates the amount of uncollectibles
Explanation:
When the company estimates the bad debts, reflects it in the balance sheet through a Debit entry in the Bad Debt Expenses againts the asset account Allowance for Doubtful Accounts as a Credit.
When the bad debt are confirm as uncollectible the loss is reflected in the Account Receivable as a Credit with the correspondent debit entry in the Allowance for Doubtful Accounts.
Answer:
so savings = $2200
bonds = $4400
and mutual fund = $3400
Explanation:
given data
received bonus = $10,000
savings account paying = 4.5% per year
bonds paying = 5%
mutual fund that returned = 4%
income from these investments = $455
to find out
How much did the worker place in the government bonds
solution
we consider amount invested for 4.5 % is = x
and hen his investment in bonds is = 2x for 5%
and rest is 10000- x - 2x
that is = (10000- 3x ) for 4%
so
interest equation will be here
0.045 x + 0.05 (2x) + 0.04 (10000-3x) = 455
solve we get
x = 2200
so savings = $2200
bonds = $4400
and mutual fund = $3400
Example of a producer can be regarded as someone owning a book store .
<h3>Who is a producer?</h3>
A producer can be regarded as a manufacturer of a particular product or service.
Therefore, in the case above, a producer serves as the one that own the shop, however he can decide to distribute his products to retailer.
Learn more about producer at;
brainly.com/question/12441980
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