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4 years ago

Compute the interest accrued on each of the following notes payable owed by Northland, Inc. on December 31:

Business

1 answer:

Rashid [163]4 years ago

8 0

Explanation:

The computation of accrued interest for each is shown below:

For Maple

= $23,000 × 10% × 40 days ÷ 360 days

= $255.56

The 40 days are counted from 9 days in November and 31 days in December month

For Wynam

= $19,000 × 9% × 18 days ÷ 360 days

= $855

The 18 days are taken from 18 days in December month

For Nahn

= $21,000 × 12% × 12 days ÷ 360 days

= $840

The 12 days are taken from 18 days in December month

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Use of technology, employee retention, and HR development have been at the core of HR becoming more strategic at Xerox. Why have

OLga [1]

Answer:

Explanation:

These three areas have been key because they all complement one another in order to help the company achieve its organizational goals. Technology helps automate all of the data and processes that the company deals with on a daily basis. Employee retention focuses on keeping the employees and making sure that the best employees remain within the company, therefore making sure that the company will perform better than the competition. Lastly, HR development focuses on creating new ways of making the employees happy and making sure that all departments are as efficient as possible. All of which push a company past any barriers and towards achieving their goals.

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3 years ago

Using time value of money tables, calculate the following.

Nonamiya [84]

Answer:

a. $675.33

b. $1,943.03

c. $747.26

d. $4,026.05

Explanation:

a. Future Value

Pv = - $450

Pmt = $ 0

p/yr = 1

n = 6

r = 7 %

Fv = ?

With the above parameter available, the future value, Fv is $675.33

b. Future Value

Pv = - $900

Pmt = $ 0

p/yr = 1

n = 10

r = 8 %

Fv = ?

With the above parameter available, the future value, Fv is $1,943.03

c. Principal Amount

Pv = ?

Pmt = $ 0

p/yr = 1

n = 5

r = 6 %

Fv = $1,000

With the above parameter available, the future value, Pv is $747.26

d. Principal Amount

Pv = ?

Pmt = $ 600

p/yr = 1

n = 10

r = 8 %

Fv = $0

With the above parameter available, the future value, Pv is $4,026.05

4 0

3 years ago

Which of the following economic perspectives focuses on the need for government to use spending and taxes to shift aggregate dem

ad-work [718]

Answer:

B. Keynesian

Explanation:

Keynesian economics or theory believes that government can boost the economy and stimulate or increase demand, in times of economic downturn, by increasing spending and lowering taxes.

This increase in government activities will create jobs and reduce unemployment and lead to more spending and investment, by individuals and businesses, in the economy.

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4 years ago

A buyer made an earnest money offer to purchase property, and the broker placed the funds in his trust account. After the seller

Alex17521 [72]

Answer: Interpleader

Explanation:

The broker just engaged in an Interpleader action which is an action that allows a person who does not own a certain property to get the claimants to the property to go to court for it. The Court will then decide who should get the property after proceedings.

The Broker does not own the deposit but seeing as he did not want to get into trouble with either the Seller or the Buyer, he put the deposit with the courts so that they would decide who owns the deposit.

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3 years ago

Which of the following statement best summerazirs the principle behind the efficient use of the internet for research

aniked [119]

Know what you are looking for and carefully filter information for accuracy.

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3 years ago