Answer:
the no of days for personal use and rental use is 44 days and 58 days respectively
Explanation:
The computation of the no of days for personal use and rental use is as follows:
For personal use
= 22 + 10 + 8 + 4
= 44 days
And, for rental use it is equivalent to the given rented days i.e. 58 days
hence, the no of days for personal use and rental use is 44 days and 58 days respectively
Answer:
Interest = Principal Amount × Rate × Number of days / 365
Interest = $5,700 * 10% * 60/365
Interest = $96.70
Cash to be paid = Principal Amount + Interest
Cash to be paid = $5,700 + $96.70
Cash to be paid = $5796.70
On the date of maturity, journal entry to make the payment of note payable is given below
Date Account Title & Explanation Debit Credit
Note Payable $5,700
Interest Expense $96.70
Cash $5796.70
Put it into a savings account because you can only take so muck out of it each year
Answer:
P = Average Total Cost
Explanation:
Because the market is monopolistically competitive market, one can tell that it is in long run equilibirum by the fact that P = ATC at the optimal quantity. Furthermore, the quantity he firm produces in long run equilibrium is less than efficient scale.
Answer:
1. Deontology C. is the normative ethical theory that a moral act is based on whether the act itself is right or wrong under a series of rules, and not based on the consequences of the act.
2. Utilitarianism D. the best ethical choice produces the best result for the greatest number
3. Free market ethics A. goods and services are worth what people believe they are worth and are willing to pay for and businesses need only be concerned with making a profit for owners (shareholders)
4. Virtue ethics B. based on the moral character of the person rather than the act
