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
Anton [14]
3 years ago
13

On October 1, Black Company receives a 10% interest-bearing note from Reese Company to settle a $22,200 account receivable. The

note is due in six months. At December 31, Black should record interest revenue of
Business
1 answer:
lorasvet [3.4K]3 years ago
4 0

Answer:

$555

Explanation:

The computation of the interest revenue is shown below:

= Account receivable  × rate of interest × number of months ÷ (total number of months in a year)

= $22,200 × 10% × (3 months ÷ 12 months)

= $2,220 × (3 months ÷ 12 months)

= $555

The three month is calculated from October 1 to December 31. The six month period of note is ignored

You might be interested in
Dry cleaning companies often charge more for women's blouses than men's shirts. They claim that this is because women's blouses
ANEK [815]

Answer:

This practice of charging women more than men for the same service is known as <u>pink tax</u>.

Explanation:

Many manufacturers are charging more for products simply because they're branded for women. This practice is know as pink tax . It is consider a gender discrimination

4 0
3 years ago
When supply increases, the supply curve
MariettaO [177]

When supply increases, the supply curve  shifts to the right.

<h3>What is the supply curve?</h3>

This is the curve that is used to show the amount of goods that the producers would be able to make available for the market at a particular price. The supply curve shifts to the right when there is an increase in supply in the economy.

Hence this answers our question by saying that When supply increases, the supply curve  shifts to the right.

Read more on supply curve here: brainly.com/question/11717727

#SPJ1

5 0
1 year ago
One important benefit of a multiparty system over a two-party system is that ____________.
Musya8 [376]
<span>Actually one important benefit of a multiparty system over a two party system is that there will not be any single powerfull person controlling like a king or queen what ever and when ever he or she wants, without considering or taking consent of main important peoples, and also it gives more opinions and options in a multiparty system for the benefit of people.</span>
3 0
4 years ago
Use the drop-down menus to complete the statements. inflation is a measure of how prices . disinflation occurred . the inflation
Bingel [31]

Inflation, Disinflation, and Deflation are related economic terms, as inflation measures price increase, Disinflation is inflation at a slower rate,  and the inflation rate in 2014 was 1.5%

<h3>What are Inflation, Disinflation, and Deflation?</h3>

Inflation is the goods and services price increase, Disinflation is the same as inflation but at a slower pace, and Deflation is a decrease in the price of goods and services.

  1. Inflation is measured by an increase in prices
  2. Disinflation occurs when inflation occurs at a slower pace in the short run. it occurred between the years 2008 and 2009.
  3. The inflation rate in 2014 was about 1.5% in the United States.
  4. In 2009 there was a decline in inflation.

Therefore, the above option aptly describes inflation, Disinflation, and Deflation.

Learn more about Inflation, Disinflation, and Deflation here:

brainly.com/question/1699650

8 0
2 years ago
2.3 explain the importance of an action plan​
Olegator [25]

Answer:

33

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which type of persuasion involves encouraging a person to agree to a small favor or to buy a small item, only to later request a
    13·1 answer
  • Mike has inherited his father's traditional ira. as beneficiary, he will pay ____ taxes on any money withdrawn.
    5·1 answer
  • Kirk wants to attend a four-year college. Which cost factors does Kirk need to research for the out-of-state school he wants to
    10·2 answers
  • Now Inc. released its annual results and financial statement. Grace is reading the summary in the business pages of today's pape
    11·1 answer
  • Which of the following is done during the systems analysis stage of application development?
    11·1 answer
  • writing in a business environment differs from other types of writing. in professional settings, written messages and oral prese
    12·1 answer
  • Henkes Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of
    9·1 answer
  • Daniel Co. has 500 employees who work 8-hour days and are paid hourly. On January 1, 2020, Daniel started granting its employees
    10·1 answer
  • Amy and Hobbes are married and file a joint return. Their three children are 7, 9, and 18 years old. Their modified AGI is $58,0
    12·1 answer
  • Walmart is the biggest seller of raw chicken to the top 10 fast food chains in the United States. Walmart
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!