1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatyana61 [14]
3 years ago
8

QUESTION 2

Business
1 answer:
postnew [5]3 years ago
5 0

The CORRECT answer is D - Be submitted online or by mail

You might be interested in
Mountaintop Sports Inc. issued $200,000 of 10-year, 6% bonds, with interest payable semiannually on June 30 and December 31 each
SCORPION-xisa [38]

Answer:

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

Explanation:

In order to calculate the amount should be recorded as interest expense in the journal entry made each six months, we have to calculate the interest annually with the following formula according to the given data:

interest annually=Issue Price of Bond×rate of interest

                           =$200,000 ×6%

                           =$12,000

Therefore, the interest semiannually would be calculated as follows:

interest semiannually=$12,000/2=$6,000

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

4 0
3 years ago
What is one good way to find out how well prospects will do a job?
amid [387]

Answer:

do an interview

Explanation:

.........

7 0
3 years ago
Read 2 more answers
On May 1, Study and Burrow, two college professors, entered into and oral contract under which study agreed to sell his computer
nasty-shy [4]

Answer:

Check the following explanation

Explanation:

a) Usually a contract has the following elements:

Offer .

Acceptance .

Consideration .

Intention to create a legal relationship .

In the given case, the intention to create a legal relationship is missing. Though Study had sent a written legal contract to Burrow to affirm the contract, Burrow did not show any interest regarding the same. Hence Burrow can’t be sued for breach of contracts. Moreover the confirmation letter sent by Study does not qualify under the Merchant Memo Rule as the involved parties are not merchants. Burrow can use the terms of UCC for his favour. The UCC states that any contract with value more than $500 must be in writing. As the involved amount in this case is $1300, hence this case does not qualify as a contract under UCC.

b) If Study and Burrow were merchants, then the Merchant Memo Rule gets applicable. Then in that case, if 2 merchants enter into an oral contract, which is worth $500 or more and one of the merchant sends a written confirmation for the same, then a contract will be considered enforceable. In such a case, Burrow will be held liable for breach of contract and can be sued by Study.

4 0
3 years ago
The ramp at railways station has a rough surface. but Why
Andrei [34K]

Answer:

The ramp on a railway station has a rough surface to increase friction so that we do not slip while walking on it. If the surface is smooth, then the frictional force between the ramp and the feet becomes less and the chances of slipping are greater

8 0
4 years ago
Star software systems and henry orally agree for henry to write special accounting software. this software usually takes three y
ELEN [110]

There are 6 requirements for a verbal contract:

An offer. -- they had this

An acceptance. -- the contract was accepted

Competent parties who have the legal capacity to contract. - they both have the right to make this decision

Lawful subject matter. this is not an illegal operation

Mutuality of obligation. Both parties are obligated to do something in this case.

Consideration. if there were discussions of payment, then yes this is a legally enforceable contract.

4 0
3 years ago
Other questions:
  • Cathy wants to purchase an annuity where she can withdraw $15,000 at the beginning of each year for the next 25 years. She expec
    5·1 answer
  • A machine that costs $20,000 today has annual operating costs of $1,500, $1,600, $1,700 and $1,800 in each of the next four year
    15·1 answer
  • The discovery of a large oil deposit off a nation's shores would be what type if economic variable?
    13·2 answers
  • The republican party has used both the _____ and the eagle to identify itself.
    14·1 answer
  • Which conclusions can be made about the growth of the economy? Check all that apply. Aggregate demand increased after 2009. Aggr
    5·2 answers
  • The United States is able to experience economic growth to the extent that
    8·2 answers
  • Xyz corporation has suffered a major downturn in business and will not be able to pay interest on its bonds. this is an example
    12·1 answer
  • Ying pays $300 of investment interest related to her investments. The interest is not directly related to any particular investm
    15·1 answer
  • Advanced Printing Systems is a firm in a monopolistically competitive market. If it is selling its product at $11 at the equilib
    8·1 answer
  • This assignment requires the application of your understanding of how the federal budget deficit affects economic variables.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!